Online technology platforms where shipping lines and their customers can negotiate forward contracts could help improve vessel utilisation levels and reduce freight rate volatility, according to a joint study conducted by global shipping consultancy, D…
Wärtsilä won the deal to engineer, supply, and commission a hybrid propulsion system for an offshore sector vessel for Norway’s Eidesvik.Wärtsilä willcarry out the upgrade project on ‘Viking Neptun’, a construction vessel, and this order follows……
Wärtsilä Hybrid for Offshore Vessel Read More »
Yara, a Norwegian based scrubber supplier announced a change of leadership as Dr. Thomas Koniordos was introduced as the company’s new CEO. Koniordos, who up until September 18, served as Yara’s Head of Environmental Solutions, and also as Chairman of …
Koniordos Appointed CEO of Yara Read More »
Global Ship Lease happy with $55m windfall and with its bankers, who supported upsizing sale by buying $15m of the stock
Underwriter B Riley FBR is buyer as well as seller in GSL follow-on deal Read More »
Midsize spot rates climbing, with more period activity
Idan Ofer fixes LPG newbuild into three-year, $27m charter Read More »