Danish container line Maersk upgraded its EBITDA guidance for 2020 because of an improving business environment, reports S&P Global Platts.
Increased momentum in Q4
Based on "increased momentum in Q4 in global container volumes and freight rates in its Ocean business...
Mitsubishi Shipbuilding is participating in ROBOSHIP Joint Value Creation Project.
Proof of Concept Test using actual vessels was conducted in sea off Toyosu, Tokyo.
The project is being pursued through a collaboration of 23 companies and a ship...
Anglo American announces the award of a ten-year charter contract for four LNG fuelled capesize+ vessels, introducing LNG into its chartered fleet for the first time.
The new build LNG vessels offer significant environmental benefits to eliminate the...
From ship owners and operators to ports and logistics service providers, the need for data sharing is essential to navigate the ever-increasing demands placed on the maritime industry, writes Paul Gunton for an article published in ShipInSight.
Problems due to...
The Great Eastern Shipping Company Limited (G E Shipping) has announced the contract to buy a secondhand Capesize Bulk Carrier, says an article published in IIFL Securities.
GE’s fleet
GE Shipping said the 2014 Philippines built vessel is expected to join...
Container shipments from Asia to the UK continue to be subject to “unprecedented” delays and significant additional costs, says an article published in The LoadStar.
Space remains an issue
According to Ryan Clark, director and co-owner of UK-based Westbound Logistics said,...
Maersk plans to scale up its daily service depending on customers´ demand, says a press release published on their website.
Supply Chain flexibility
Maersk is announcing an increase of up to two departures per week in its AE19 service. This move...
The stock market soared on Monday in the wake of President-elect Joe Biden’s victory and Pfizer’s vaccine announcement. Both news bombshells will affect ocean shipping — with myriad consequences for the container and tanker sectors. The market puzzle is...
Yangzijiang seals 10 boxship shipbuilding contracts with an unnamed Japanese owner for the construction, reports Splash 247.
Vessel contracts
Singapore-listed Chinese private shipbuilder Yangzijiang Shipbuilding has sealed shipbuilding contracts with an unnamed Japanese owner for the construction of up to ten...
Wärtsilä works with Italian shipbuilder Fincantieri for the supply of broad range of solutions to be installed in a number of cruise ships currently being built by the yard.
The latest orders are for complete waste treatment systems...
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