Middle East hostilities and decisions by many owners to re-route ships around the Cape of Good Hope is shoring up markets and keeping freight rates above expectations, which does not equate to good news for ship recycling markets.
The South China-based CSSC Huangpu Wenchong Shipbuilding has entered into shipbuilding contract with Regional Container Lines (RCL) for a quartet of 4,300 teu container ships.
With the formation of the Gemini Cooperation between Maersk and Hapag-Lloyd correspondent Nick Savvides examines how alliances may change their approach to customer service.
MAN Cryo’s design for an ammonia fuel-supply system jointly developed with Chinese company, Yada Green Energy Solutions, has been awarded an Approval in Principle from DNV and Bureau Veritas.