Shanghai Waigaoqiao Shipbuilding (SWS) has won an order for 10 capesize dry bulk newbuildings from China state-owned Shandong Shipping Corporation.
An overall positive macroeconomic outlook and increased regional infrastructure spending have suggested an improving business environment for the ailing offshore industry, though a rosy outlook is far from certain, according to Singapore-based OSV shipyard ASL Marine.
It hasn’t been easy, even among professionals, to have too much sympathy for Francesco Schettino, formerly master of the Costa Concordia, currently serving a 16 year prison sentence in Rome.
Feeder vessel owner MPC Container Ships has lined up a major potential scrubber orders for the majority of its fleet.
AP Moller-Maersk, CMA CGM, Ocean Network Express (ONE), Hapag-Lloyd and MSC have joined hands to form a new container shipping association to pave the way for digitalisation, standardisation and interoperability in the container shipping industry.
AP Moller - Maersk says that despite the introduction of an emergency bunker surcharge it is not recovering the full cost of increased fuel prices.
US-based software firm INTTRA is spearheading a non-commercial initiative to develop standards and data sharing protocols to help improve the free flow of information between carriers, ports, freight forwarders and BCOs (beneficial cargo owners).
Vietnam’s Petrolimex, via its Singapore unit, has filed an application in the Singapore High Court to wind up bunker supplier Brightoil Petroleum Singapore, according to a legal notice published in a local newspaper.
The China Navigation Company (CNCo) and Suva-located University of the South Pacific (USP) have penned a memorandum of understanding to research new-generation, low-carbon ships for the Pacific region.