Capesize market remained quiet throughout the week with thin activities from the Asia-Pacific and Atlantic regions.
Another analyst has warned of impending financial doom for container lines if they fail to recoup the additional costs of meeting the IMO 2020 0.5% sulphur cap.
As the severe dry season continues the Panama Canal authorities announced on Thursday it will reduce the draught in the neo-panamax locks for a fourth time effective 29 March.
The global container shipping market is expected to stay on a recovery course this year with demand growth predicted to outpace supply growth, according to Yang Ming Marine Transport Corp…
As the offshore market starts to turn the corner some 33 FPSO projects are expected to be sanctioned over the next three years according to analysts Rystad Energy.
DP World’s new deepwater terminal being built at Posorja, Ecuador has purchased a new fleet of Kalmar mobile equipment.
Container line ZIM has invested in an e-commerce platform Ladingo which offers a shipping solution to international customers buying large and bulky items.
There aren’t many things that both sides of the US political spectrum can agree on but the need to invest in domestic infrastructure one appear to be one of them.