Oil Tanker Market Driven By External Forces Like Geopolitics: BIMCO
Crude oil and product tanker markets alike have faced high volatility in recent weeks and months, largely due to geopolitics and the constantly evolving...
COVID19 Cash Stripped MPC Trying To Amend 200$ Million Bond
In a major development, Oslo-listed feeder owner and operator MPC Container Ships has announced that they are looking to amend the terms of its...
Maersk Tankers Launches Digital Spin-off ZeroNorth
Maersk Tankers is resetting its business model as it tries to navigate volatile energy markets.
The company is offloading dozens of product tankers...
NYK Joins Maersk Mc-Kinney Moller Center for Zero Carbon Shipping
NYK Joins Maersk Mc-Kinney Moller Center for Zero Carbon Shipping to promote decarbonization through alternative fuels conversion, says a press release published on their...
Alibaba Explores Blockchain for Smart Port Platform in China
Last week, Alibaba joined the International Port Community Systems Association’s (IPCSA) blockchain bill of lading initiative as part of the Logistics Visibility Task Force.
...
Maersk Hires New Asia Pacific Head from DB Schenker
Maersk is strengthening its forwarding credentials with a top 3PL hire.
This time it’s DB Schenker losing Ditlev Blicher, who joins the shipping...
[Watch] Can’t Sail on Cruises But Can Fly on a Plane – Why?
As the COVID19 crisis deepens, cruise traveling has been postponed while airlines have reopened for business. Several cruise liners like Carnival, Royal Carribean etc....
Ports Prepare for Post COVID19 World As Workforce Declines
According to a Seatrade Maritime News report written by Barry Parker, the pandemic is driving major changes in the world specially in terms of...
MOL & Partners Set To Trial Autonomous Ships
Mitsui O.S.K. Lines with two of its group companies, and other consortium members have jointly applied to the Nippon Foundation to fund demonstration voyages...
MAN Bags Offshore Compression Order
MAN Energy Solutions has won a gas-compression order from energy solutions provider Yinson.
The order comprises four RB-type centrifugal-compressor trains for gas production...
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