Finnish corporation Wärtsilä will supply its hybrid power conversion system for three new roro ferries being built at the Nanjing Jinling shipyard in China for Finnlines, part of the Italian Grimaldi Group. The order with Wärtsilä was placed in Q4 2019…
Finnlines Ferry Trio to Go with Wärtsilä Read More »
The contract is due to begin in 2022 and will boost AET’s business with Petrobras
MISC tanker unit wins Petrobras contracts worth $526m Read More »
China is a major importer of Indonesia’s coal and crude palm oil though trades on these commodities are not seen…
Coronavirus: Indonesians urged not to send crew to China Read More »
Amidst a major crisis like the current one, with most of China under lock-down, the shipping industry has a solid opportunity to accelerate the decommissioning of a significant number of older vessels. And as it turns out, this has been the case so far…
Older Ships Are Being Rushed to the Scrapyards Read More »
The Baltic Exchange Capesize Index (BCI) dropped to -133 index points on 4 February 2020, turning negative for the first time ever on 31 January 2020. The composite BDI index (BDI), which has excluded the more stable handysize segment since March 2018,…
Capesize index plummets to -133, the first time ever in negative territory Read More »
