Weekly Bulk Report – Week 34, 2020
The Baltic Briefing has released a report about the dry bulk market of the 34th week of shipping activities of this year. The report...
Wilhelmsen Group Release 2020 Q2 Profits
Wallenius Wilhelmsen has released results for the second quarter of 2020.
Total income for the Wilhelmsen group was USD 197 million in the...
Chinese Shipbuilding Industry Records 9.4% Decline
China’s three major shipbuilding indexes all declined in the first seven months of this year.
CANSI's first seven months was 20.03m dwt
It...
Effective Cost Controls Helped Asian Liners Q2 Profits
According to a Container News report, Liner operators Evergreen Marine Corporation, Wan Hai Lines, and Regional Container Lines (RCL) reported profits for Q2 as...
ClassNK Grants AIP for Automated Kite System “Seawing”
Japan’s ClassNK granted an Approval in Principle (AIP) to Kawasaki Kisen Kaisha (K Line) and France’s Airseas for their automated kite system Seawing, says...
Furukawa and EMP Launch Ship Battery Replacement Service
High-performance class-approved batteries can reduce replacement costs & improve safety.
Furukawa Battery and EMP launched a service to help ship owners reduce battery...
Maersk Records 16% Revenue Loss in Q2 Due To Covid 19
Danish shipping firm A.P. Moller-Maersk recorded a drop in second-quarter revenue.
The demand destruction from the coronavirus pandemic reduced the company's container volumes...
Synergy’s ‘SMARTShip’ System To Manage Norden Tankers
Synergy Group and D.S. NORDEN have formed a new joint venture.
The association is to handle the technical management of NORDEN’s owned tanker...
EU Ship Recycling Regulations To Impact Residual Values
According to a Seatrade Maritime News report, Dr Anil Sharma, founder, and CEO of GMS, the world’s largest cash buyer of end-of-life ships, warned...
Shipping Industry To Demonstrate Green Credentials With Evidence
At present it is essential that most companies need to evidence their care for the environment.
Anyone in the supply chain need to...
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