Americas

Spot rates for crude tankers are expected to be negatively impacted later this year and into 2021, though tanker supply fundamentals can offer a positive counterbalance, according to Teekay Tankers.

Florida-based Port Everglades has announced that despite the coronavirus (COVID-19) pandemic, it will continue with its $1.6bn investment plan in infrastructure improvements which are already underway and should be completed within the next five...

Chilean Compania Sud Americana de Vapores (CSAV) has agreed, at an extraordinary shareholders meeting, to a capital increase of $350m and the absorption of accumulated losses.

The Panama Maritime Authority (AMP) is to exempt anchorage fees international trading vessels choosing to lay-up in its waters.

Dry bulk shipping is “very close” to seeing a supply and demand balance and an improved outlook is expected in the second half of this year and into 2021.

The Brazilian Ministry of Infrastructure has signed eight contracts for the operation of private use terminals (TUPs) located in the North, Northeast, South and Southeast regions.

Alfa Laval Aalborg is providing an integrated steam solution to support low sulphur compliant fuel usage by Seaspan Ship Management.