As a part of its strategy, Maersk plans to focus more on cold storage rather than transportation.
In 2018, the ocean transport business accounted for almost 80% of core earnings.
Compared to the other shipping lines, its share...
According to an article published in the Motley Fool, ExxonMobil one of the largest and most diversified energy companies in the world, with an impressive history of thinking long-term is best prepared to deal with the 2020 chanllenges.
The company...
One of the most worrying trends that have developed recently – which will affect shipping demand in the years to come – is the falling trade-to-GDP ratio, writes Peter Sand, Chief Shipping Analyst of BIMCO in an article published...
Startups and scaleups driving more investments in the shipping sector.
Despite this, venture funding in shipping has decreased by 24%
The average size of deals has increased but the number of deals made has declined.
Decreased investments and...
Shipping fund Dee4 Capital Partners, headed by Carsten Mortensen, has just settled its fifth ship acquisition, says an article published in ShippingWatch.
Vessel acquisition
Maritime investment company Dee4 Capital Partners, headed by former Norden and BW Group CEO Carsten Mortensen, has...
LNG refuelling options are widening in Europe, driven by the projected increase in the number of vessels and heavy trucks.
LNG will experience phenomenal growth, jumping from 1,532 vehicles in 2016 to 280,000 by 2030.
Trucks powered by...
Multipurpose vessels are predicted to see an average 6% rise in their earnings this year.
Carrier poaching threat has receded significantly in past months as the supply of containerships has been artificially reduced.
Expectation for dry cargo trade,...
Nordic American Tankers Ltd. (NYSE:NAT) is reaping the benefits of the strong tanker market, says an article published in their website.
Message to investors
Chairman & CEO, Herbjørn Hansson, Nordic American Tankers Ltd, in a January 7, 2020 message to its...
The Container Ship Safety Forum (CSSF) welcomes the first member in the new year: Shanghai Ocean Shipping Co., Ltd. joins the industry association with the effect of 01 January 2020, says a press release published on their website.
High safety...
According to an article published in Forbes, welcome to "The Heart of Travel"—an inviting interview series that peeks behind the scenes of the hospitality, entertainment, and culinary worlds to shine a spotlight on accomplished travel industry pros.
State-of-the-art Viking Cruises
After...
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