Evergreen Marine Corporation (Taiwan) Ltd. has become a signatory to the Ship Recycling Transparency Initiative (SRTI).
The main purpose is to share its aged vessels’ green recycling policy.
The move is part of Evergreen’s avowed commitment to plan...
Vroon Offshore Services (VOS) plans disposal of three platform-supply vessels (PSV) to right size its PSV fleet, says a press release published on their website.
Fleet right-sizing
Vroon Offshore Services (VOS) has decided the disposal of three platform-supply vessels (PSV), with...
The global container ship fleet is estimated at 5,500 ships with a combined capacity to carry up to 23 million 20 feet containers, equivalent to 27 billion cubic feet or the volume of 730 empire state buildings at once.
An...
Global leader in sustainable energy solutions, Vestas and world-leading supplier of coating solutions, Hempel are teaming up in a new strategic partnership.
The deal is to cooperate around innovative solutions for surface protection of wind turbines.
The joint...
With global companies going for e-commerce in a pandemic hit world, the shipping industry is suddenly finding favor with an upsurge of investments. One such case is CMA CGM which has received logistical solution support requests from heavyweights like...
Australia’s shipping industry is in “disarray”, according to angry forwarders and transport operators.
The crisis escalated with more planned industrial action, crammed storage areas for empty containers along with bad weather, leading to rising costs on imports.
People...
A plethora of factors including urbanization, availability of a wide range of products online, and a rise in online marketing increased the market for e-commerce.
This in-turn has a positive spin on the ship building and repairing market.
...
The Baltic Briefing has issued the tanker report for the 37th week of this year. The report dated 11th September 2020 provides a valuable insight into this week’s tanker market dealings, freight rates, and charter activities.
VLCC
The Middle East market...
World's largest 24,000 twenty-foot equivalent unit (TEU) container vessels set off on their voyage.
They are to sail between Asia and Europe.
All 12 container vessels belong to South Korea’s leading container carrier HMM Co.
HMM completes deploying its...
In a major development, Maersk has announced that they are reducing their planned mid-September transpacific GRIs, thought to be due to China’s move to step in to reduce freight rates on the trade.
What is it?
Last week, Zest Shipping Media...
- Advertisement -
