Spot rates in the trans-Pacific ocean trade continue to reach epic new heights, leading to talk of price gouging, writes Freight Waves Senior Editor, Greg Miller in an article published on their website
Blank Sailing Strategy Paying Off?
“Container lines have done...
The Danish shipping and shipping industry is ready with 21 new proposals that will help meet Denmark's ambitious climate goal. They contain ambitions that will have far-reaching consequences and mean major changes in the industry, writes Lasse Friis in an...
d'AMICO International Shipping S.A. announces the sale of two of its oldest MR vessels, generating net cash of approximately US$ 16.3 Million, says a press release published on their website.
What is in the Memorandum of Agreement?
International marine transportation company...
ClassNK has released amendments to its Rules and Guidance.
It is for the Survey and Construction of Steel Ships issued on 30 June 2020.
It is revising its Rules and Guidance to make them more rational and transparent.
...
Uni-Tankers has begun an upgrade programme to install new VDRs on a selection of its vessels, to enable better remote management of the ships from its shore offices.
Uni-Tankers will work with Danelec Marine to implement its latest...
The outlook for the global shipping sector for the coming 12 to 18 months remains negative, Moody's Investors Service said today in a new report. The outlook has been negative since March 2020.
The key drivers of the...
Damen Shipyards Group has delivered five Damen Ferries 2306 E3 to Arriva Denmark in Copenhagen, says a press release published on their website.
Damen’s E3 philosophy
Arriva is operating the vessels on behalf of Danish public transport agency Movia. The vessels...
COVID-19 will have a dramatic impact on short-term energy supply and demand.
World GDP will shrink 6% in 2020 with lingering effects of the pandemic.
The pandemic will reduce energy demand through to 2050 by 8%.
This will...
Matson, Inc. and General Dynamics NASSCO shipyard, christened the second of two Kanaloa Class vessels.
They are the largest combination container / roll-on, roll-off ("con-ro") ships ever built in the United States.
The naming ceremony took place at...
Hyundai Motor is shipping the first 10 units of XCIENT Fuel Cell, the world’s first fuel cell heavy-duty truck, to Switzerland.
Hyundai will roll out 50 trucks this year and total of 1,600 units by 2025.
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