Top Global Carriers Bunch Closer Forming a Three-tiered Structure
According to analysts, there is an emergence of a three-tiered structure among the world’s top liners, reports Splash 247.
Carriers bunching together
During the pandemic the...
Carnival Corp Commits To Environment-friendly Ship Recycling
Carnival Corporation & plc released details of its ship recycling plans.
Reached an agreement with Ege Celik and Simsekler companies.
It aims to...
Weekly Vessel Scrapping Report – Week 31, 2020
The below table is the most recent changes in the world fleet every week, with respect to which vessels have been sold for demolition...
Weekly Bulk Report – Week 31, 2020
The Baltic Briefing has released a report about the dry bulk market of the 31st week of shipping activities of this year. The report...
Sogemar Group Gets A New CEO To Be More Competitive
Matthieu Gasselin will be appointed as the new CEO of Sogemar Group.
He will succeed Sebastiano Grasso who has been at the helm...
Ship Orders To Bounce Back Amid Coronavirus Hits?
Ship orders collapse owing to COVID hits and regulatory risks, writes Greg Miller for Freight Waves.
Plunging newbuild orders
Pre-COVID, the bull case for shipping rates...
Chartering & Financial Facility Lead To $20m Profit for Ardmore
According to an Independent article, Ardmore Shipping, a Cork-based shipping company listed on the New York Stock Exchange, has posted net income of $20.1m...
CEO Takes Pay Cut Until Company Profits Return
CEO of CSBC Corporation has voluntarily taken a major salary cut.
He will receive a minimum salary of TWD23,800 ($810) until the company...
Weekly Tanker Report – Week 31, 2020
The Baltic Briefing has issued the tanker report for the 31st week of this year. The report dated 31st July 2020 provides a valuable...
Biggest US Oil Majors Register Deepest Q2 Losses
Wall Street expected Exxon Mobil Corp. and Chevron Corp. earnings to be bad, but not this bad.
America’s biggest energy companies delivered their...
