Container Ship Orders Record 790% Increase, The Highest Level So Far
At present, the number of container ship orders is hitting the highest level in history.
The Global container ship orders reached 286 vessels,...
CSSC Makes the Fortune Global 500 List
China State Shipbuilding Corporation ranked 240th in the 2021 Fortune Global 500 list with an operating revenue of US $46.844.6 billion, reports Xinde Marine...
The Association of Women In Maritime Of West And Central Africa Launched
Women in maritime took center stage at the inauguration of the Women in Maritime of West and Central Africa (WIMOWCA), says a press release...
Shipping Giant Lifts Its Earnings Outlook
Maersk lifted its full-year earnings outlook.
Freight rates are high due to chaotic conditions in the global supply chain.
Boxship shortages and port...
KCC Signs A New Contract of Affreightment
Klaveness Combination Carriers ASA("KCC") has signed a new Contract of Affreightment for its CLEANBU fleet with a major international charterer in the tanker...
Transnet Navis Resumes Post Cyber Attack
Operations at South African ports are returning to normal following this week’s cyber-attack, although Maersk is omitting a call at Port Elizabeth.
The...
DSV Panalpina Reports Increased Revenues
DSV Panalpina has reported increased revenues and operating profits (ebit) in its interim half-year 2021 financial results.
The forwarding giant said its performance...
Crowley Bags $638m MARAD Vessel Acquisition Contract
The U.S. Maritime Administration has awarded Crowley Maritime Corporation with a multi-year, $638 million Vessel Acquisitions Management contract.
Crowley will assist MARAD in...
Costamare Expands Its Dry Bulk Fleet
New York-listed Costamare is rapidly moving into the dry bulk sector with the acquisition of an additional 21 vessels, says a Company Annual Meeting...
Yang Ming Adds Another Scrubber-fitted Boxship
Yang Ming Marine Transport Corp. takes delivery of an 11,000 TEU scrubber-fitted container vessel as part of its efforts to upgrade Trans-Pacific service, says...
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