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But restructured offshore vessel company still hurt by weak rates and lack of newbuilding demand.
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The major chunk of global energy supply growth is expected to come from renewables and natural gas over the next two decades, but steep investment in oil exploration and production will be needed to meet crude demand in 2040.The global energy demand is…
India, China to Lead Rapid Growth in Energy Read More »
Europe’s largest port, the Port of Rotterdam ended 2018 with a total container throughput at 469.0 million tonnes (MT) which slightly higher than in 2017, which was itself a record year (467.4 MT).Container transhipment was the engine of growth again,…
Rotterdam Port Achieves TEU Milestone in 2018 Read More »
Maritime research consultancy Drewry believes that the industry’s supply-demand balance will benefit from a reduced appetite for Ultra Large Container Vessels (ULCVs) among the major carriers, some of which now have their eyes fixed on a bigger…
Drewry Sees Balanced Supply-Demand in ULCVs Read More »