Liners Reinsert Services To Restore Capacity During COVID-19 Crisis
Liners reinserting sailings on the transpacific which had previously been cancelled, reports Splash 247.
Increase in demand
Transpacific
THE Alliance, which features Hapag-Lloyd, HMM, ONE and Yang...
Global Transport Industry Places Bulker Quartet Orders!
MOL has placed orders at two Chinese-Japanese joint venture yards for the construction of four bulk carriers.
The company has ordered two kamsarmaxes...
Global Shipping Company Enters Time Charter for Panamax Dry Vessel
Diana Shipping Inc. announces a time charter for one of its Panamax dry bulk vessels.
The gross charter rate is US$9,000 per day...
MAN Energy Launches Digital Platform With Time Stamp!
MAN Energy Solutions has launched a platform “mýa” to share, integrate and distribute streaming data originating from sensors on equipment such as engines.
...
O&G Stocks Surged As Oil Price Rose Above US$30 a Barrel!
Oil and gas (O&G) related stocks surged as oil price rose above US$30 a barrel for the first time in two months, reports The...
OPEC Nations Turning To IMF for Emergency Loans
OPEC cartel leader Saudi Arabia is cutting subsidies and raising taxes.
Resource-rich nations turned to IMF as oil prices hover just north of...
VLCC Oil Terminal Unveiled for International Trade
Huangzeshan oil transfer terminal in Zhejiang province has officially opened.
It opened for international trade with the berthing of an oil tanker.
It...
Wilhelmsen Reports First Quarter 2020 Results
Good operational performance overtaken by significant fall in financial asset values.
This has resulted in a USD 284 million net loss for the...
Hapag-Lloyd Maintains 2020 EBITDA Despite COVID-19 Demand Fluctuations!
Hapag-Lloyd maintains its 2020 EBITDA guidance of €1.7bn-2.2bn, despite unpredictable fluctuations in demand, reports The LoadStar.
First-quarter EBITDA
Hapag-Lloyd announced that it was maintaining its...
[Watch] Top 5 Ship Management Leaders Join To Handle The Current Pandemic!
Ocean Technologies Group creates a forum on the name CEO Leader Series for discussion to overcome this COVID-19 pandemic.
Top 5 Maritime names...
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