Singapore has retained the top spot as international shipping centre for the seventh consecutive year, based on the 2020 Xinhua-Baltic International Shipping Centre Development (ISCD) index.
Seaborne trade is set to drop by 1bn in 2020 due to the impact of the Covid-19 pandemic according to Clarksons, but there are signs the industry is passing “peak” impact.
Damen Shipyards Group has successfully concluded keel laying for the Crane Barge 7532 that is going to be delivered in Panama, following award of tender in August last year.
Global Energy Ventures (GEV) has announced the extension of the Letter of Intent (LOI) with Yantai CIMC Raffles Offshore for the construction of four plus four compressed natural gas (CNG) ships.
Japan’s maritime and shipping industries need a united approach and should draw inspiration from the ‘One Team’ of the national rugby side, according to banker Jigo Hayashi.
Over the last 12 months China’s shipbuilding industry has seen the merger of CSSC and CSIC and the impact of Covid-19, and a Marintec China webinar explored its current state and what lies ahead.