Panama Canal Shipping Out From Pandemic Lows
Panama Canal Shipping rebounds in hopeful sign for global trade.
Total transits through the waterway was 845 in June and rose to 933...
What Are The Benefits of Beaching Methods for Ship Recycling?
Critics argue that the beaching method of ship recycling in SA yards is dangerous.
They contain poor working conditions, no infrastructure, low wages,...
Ship Auction Platform Closes Chemical Tanker Deal at $20M
Recently, a chemical ship sold for a price in the region of $20m imported by ShipBid has handed over successfully and put into...
‘No Impact of COVID19’, Says Maersk CEO After Q2 Profitability in All Sectors
In a major development, the shipping giant has released their 2020 Q2 profit report today highlighting profitability in all sectors, says a press release...
World Container Index 43.5% Up, Says Drewry
World Container Index Up 43.5% Versus Same Week of 2019.
WCI increased by 1.5% to $2,089.41 per 40ft container.
The average composite index...
Maersk Veteran Appointed CEO of Westwood Shipping
Jack Mahoney has been named president and CEO of Westwood Shipping.
He succeeded Guy Stephenson who retired as president and CEO in 2007.
...
Supply Chains Under Scrutiny for Sustainable Packaging & Carbon Footprint
According to 2020 Biopharma Cold Chain Logistics Sustainability Survey, published by protective packaging specialist Pelican BioThermal, supply chain providers are coming under closer scrutiny...
Weekly Bulk Report – Week 33, 2020
The Baltic Briefing has released a report about the dry bulk market of the 33rd week of shipping activities of this year. The report...
Hapag-Lloyd Reports A Net Profit of $287m for Q2
Undeterred by the pandemic Hapag-Lloyd records a net profit of $287m in the second quarter of the year in contrast to the $56m...
Leading Bunker Broker To Spearhead LQM’s Expansion
Martin Bird has joined LQM as a client services executive and support LQM's offices globally.
He has helped the credit risk team to...
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