Industrial companies have 30-60 days of parts and raw materials either on hand, in-transit, or obtainable on short notice.
Shortages will start to become more evident toward the end of March and beginning of April.
Production in some...
Team Tankers International’s strong position within chemical tankers and Maersk Tankers’ industry-leading commercial management have been brought together in a new cooperation.
With this, Maersk Tankers takes over the commercial management of 27 tankers from Team Tankers International,...
Ocean Network Express has come up with a collaborative platform for ocean carriers and terminal operators for operational efficiency.
ONE announces its plans to implement XVELA, the world’s first cloud-based collaborative network for ocean carriers and terminal operators.
...
As the coronavirus infections make cruise life miserable, here's a guide on what you can do about it legally if you are ever stuck on such an infected cruise, reports KSRO.
But before you begin, let us warn there's not...
OOCL orders five ships each costing $155.68 million with normal capacity 23,000teu boxships.
OOCL is increasing the proportion of the ships it owns in the core fleet.
Vessels leased under long-term charters will be returned to the owners.
OOCL...
Huboo has picked up an investment from Maersk Growth.
Disclosure of £1 million in seed backing in September 2019 led by London venture capital firm.
The startup is also backed by True Capital and Ada Ventures.
It aims...
Top Ships Inc. announces the delivery of M/T Eco Los Angeles, reports a news article in Yahoo Finance.
Eco Tanker Vessels
Top Ships Inc., an international owner and operator of modern, fuel efficient "ECO" tanker vessels, announced that it took delivery...
Iraqi shipping and petroleum trading company Al-Iraqia Shipping Services & Oil Trading (AISSOT) has terminated the bareboat charters for six vessels owned by Capital Ship Management.
Friction between the two parties goes back to last year at least,...
According to an article published in the Share Cafe, the most potential question raised after Vale, raised the possibility of curbing or suspending iron ore shipments because of the growing threat of the COVID-19 virus, is how others like...
As Coronavirus Pandemic wreaks havoc all over the world, companies are reeling under pressure on how to tackle this. Not just the company outlook and profit but the workforce as well is of potential concern. Keeping this in mind,...
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