Quietly, on a mid-summer morning, the management of AP Møller-Mærsk (APMM) talked up the half-year results as it prepared to tackle its biggest challenge: protecting the group’s underlying adjusted profits and cash balances from exogenous shocks and other key...
Maersk publishes three videos following the announcement of its second quarter financial results, says an article published in Fresh Plaza.
In the video, Soren Skou, CEO, A.P. Moeller – Maersk (Maersk), speaks about trade tensions and tariffs, IMO’s new regulations...
NYK Group company Knutsen NYK Offshore Tankers AS (KNOT), has concluded a time-charter contract with Total for a Suezmax shuttle tanker, reports Baird Maritime.
What is in the contract?
KNOT and Total have entered into a time-charter contract for a maximum...
Chugoku Marine Paints has released a new antifouling coating containing the barnacle-repellent active agent Selektope®.
Sea Premier 3000 Plus is the eighth product developed by CMP that contains Selektope®.
Sea Premier 3000 Plus is a self-polishing coating based...
The companies Q2 earnings were severely affected by low dry bulk rates. The rates for Capesize were of approximately $8,500 per day, for the Panamax segment.
$9,100 and for Supramaxes were approx, $8,500 and the same rates currently...
Cruise liners offer scenic views you can’t replicate from land, but they also cause downstream consequences. In Europe, some beautiful waterfront cities are joining forces to limit the impact of thousands of passengers being disgorged onto their picturesque streets,...
World’s fifth-largest liner shipping company has split its region Europe into northern and southern parts.
The new Region South Europe, which will have its headquarters in the Italian port city of Genoa.
It will include Area Italy, Area...
The ConTex (Container Ship Time Charter Assessment Index) has been published by the Hamburg Shipbrokers’ Association (VHSS) since October 2007. In May 2010 the Index has been expanded and renamed to New ConTex.
The New ConTex is a company-independent Index...
In a major development, the Shipping giant Maersk has announced that they are increasing the FAK rates ( Freight All Kinds) as they continue to offer a broad portfolio of services, says a press release published on their website.
About...
Thun Tankers placed an order for a 4,250-deadweight product tanker to be built by Scheepswerf Ferus Smit B.V.
The tanker will be delivered on October 2020 and plans to enter into a long-term agreement with Geos Group Ltd.
...
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