An article published in the Harvard Business Review written by Philipp Carlsson-Szlezak , Martin Reeves and Paul Swartz highlights the extent of the global impact of the coronavirus outbreak and what it means for the global economy. All the major sectors are...
Despite the abundance of crude oil on its doorstep, the Norwegian tanker fleet is mainly engaged in the deep sea, long-haul trades. Norway is a major producer of North Sea oil but surprisingly this ‘home trade’ does not register...
According to a Business Insider report, millionaires are giving away a lot of their money but most of it is not reaching the people.
What is it?
When the foundation went public, there were 40 billionaires from the US who pledged...
While much of the world’s output is grinding to a halt because of the coronavirus, China is slowly emerging from its shutdowns.
Employees are returning to work, production lines are starting to roll, even in epicenter of Wuhan.
...
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,...
Who would have ever thought that such slow-moving ships could provide for such an exciting roller-coaster market? But 2019 proved to be the case with historic market swings, trade wars, rate spikes, trade flow shifts, political turmoil, attacks on...
Norsafe and Viking life-saving equipment have joined hands at Nor-Shipping to showcase their complete safety solution.
Viking Norsafe is a brand that encompasses the maritime industry’s broadest and most advanced range of lifeboats and davits.
They offer best safety solution...
Container shipping companies are on the brink of collapse due to COVID-19 restrictions.
Liners are cutting costs to counter the missing volume and to have sufficient liquidity.
Hapag-Lloyd has canceled about 15% of its scheduled sailings on major...
HMM St Petersburg has been completed at the Samsung Heavy Industries' shipyard.
It has some interior work, including the installation of automation systems and facilities to be installed.
The container vessel is one of HMM’s 12 mega-sized carriers.
...
ABB has unveiled its A255-L and A260-L turbocharger efficient for small and medium two-stroke diesel and gas engines.
Turbochargers can be used on low pressure dual fuel engines to optimize combustion and improves engine efficiency and allowing for...
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