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MAN Energy Solutions has won a gas-compression order from energy solutions provider Yinson. The order comprises four RB-type centrifugal-compressor trains for gas production and export, as well as two screw-compressor trains, which will be put into operation as...
There is a considerable reduction in the number of vessels on the Greek register. It highlights the continuous compromising of the competitiveness of the Greek register. Greek register now accounts for only 636 ships with 65.64 DWT of...
Maersk SPL has assisted with the import of 53.3 million N95 facial masks. 45 million N95 protective facial masks were delivered to Canadian healthcare service providers. The company has also partnered with A.P. Moller Holding to offer integrated...
According to a LoadStar article written by Mike Wackett, notwithstanding a significant decline in container liftings as a consequence of the global pandemic, ocean carriers have confounded the dire predictions of analysts with their more optimistic outlook for earnings. Carriers...
A covid19 readiness tracker has been launched to provide insights on organizations covid preparations This software scores your business based on various pandemic parameters such as shifts, employee benefits, safety cleanliness, social distancing, etc. The app shows how...
The much-hyped feeder cooperation agreement between THE Alliance members Hapag-Lloyd and ONE has fallen victim to Covid-19. Since October 2018, a “bilateral strategic feeder network cooperation agreement” has seen the two carriers sharing space on their respective feeder...
The Baltic Briefing has released a report about the dry bulk market of the 25th week of shipping activities of this year. The report dated 19th June highlights the plight of the dry bulk market at the on-sight of...
  Viking Line has been awarded DNV GL’s verification in accordance with its My Care methodology. Aimed at facilitating industry players to resume operations better prepared for COVID-19. The in-house developed methodology applies hospital quality standards and systems. Ships...
Carnival Corp reported a record $4.4 billion in quarterly losses. COVID-19 pandemic has crippled the world’s biggest cruise operator and forced it to take major write-downs on the disposal of now redundant ships. The cruise operator expects to...
In a  major development, A.P. Møller - Mærsk A/S (APMM) has announced that they are expecting an EBITDA before restructuring and integrating costs for Q2 2020 slightly above the level for Q1 2020 (USD 1.5bn), based on the market...
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