After a pattern of divergence at the start of the year, July saw a modest realignment between charter and freight markets as liner operators react to cost pressures and the wider industry awaits the impact of the potential trade war between the U.S.
Peak Season Promises Better Box Freight Rates -MSI Read More »
Will your vessel be honored as a “Great Workboat of 2018” in the December 2018 edition of Marine News?Every year, Marine News profiles the most outstanding vessels built in shipyards in North America, recognizing builders, owners and designers as leade…
Great Workboats of 2018: Apply Now Read More »
Danish shipowner Norden has lowered its expectations for the adjusted result for the year to $0 to 30 million, down from $10 to 50 million, citing a weaker than expected tanker spot market.Norden’s expected full-year result for its tanker business…
Norden Lowers Its Expectations for Adjusted Result Read More »
China’s exports surged more than expected in July despite U.S. duties and its closely watched surplus with the United States remained near record highs, as the world’s two major economic powers ramp up a bitter dispute that some fear could derail…
Chinese Exports Accelerate Even as Trade War Escalates Read More »
Thordon Bearings Inc. and Heddle Marine Service Inc. have signed a cooperative agreement under which the Canada-based ship repair company will work together with Thordon Bearings Inc. to promote the conversion of ships’ oil lubricated propeller…
Thordon Bearings, Heddle Marine Partner for Propeller Shaft Conversions Read More »