Wilhelmsen and MPC Capital To Combine Technical Expertise
Wilhelmsen and MPC Capital AG have agreed to the technical management of container ships.
Wilhelmsen Ship Management acquires a 50 % stake in...
The Major Shipping Alliances Plan Differently To Manage Capacity
Asia-North Europe market share set to ebb and flow between the alliances.
The 2M partners reduced capacity by over 50% and in the...
Wärtsilä 31 Engine Emerges As The Best 4-stroke Engine
More than 100 Wärtsilä 31 engines have been sold till now.
Wärtsilä 31 was handed over for commercial operation in August 2018 on...
[Watch] Cheaper Crudes and Freight Rates Recovery Drive Market Demand
Market demand continues to sustain buying interest for Asian high sulfur fuel oil.
Singapore Marine Fuel 0.5%S market has seen a revival of...
[Register] Drewry To Discuss COVID-19 Operational Problems in a Webinar
Drewry has planned to host a webinar to provide more stability and predictability for shippers, says a press release published on their website.
Ability to...
Reduced Blank Sailing and Surplus Containers Up European Export
Blank sailings, escalating freight rates and a shortage of equipment continue to hobble European exporters.
Shippers to Asia and the US are facing...
Tanker Rate Conundrum Amid OPEC Supply Cuts
The OPEC+ coalition has targeted production cuts of 9.7 million barrels per day (b/d) since June.
Coalition members that overproduced in May would...
Schottel Delivers Customized Upgrade for A Bulk Carrier
The Norwegian bulk carrier "Kryssholm" will soon be able to take on new assignments thanks to a customized upgrade by the SCHOTTEL Modernization and...
Research To Enhance and Automate Short-Sea Container Supply Chain
MOSES aims to significantly enhance the SSS component by addressing the vulnerabilities and strains that relate to the operation of large containerships.
MOSES...
CSSC Signs Strategic Agreement To Advance Marine Sector
China’s Maritime Safety Administration of the Ministry of Transport and the state-owned China Shipping Group signed a new strategic cooperation agreement.
The deal...