SCHOTTEL said it has secured a contract with Turkish shipbuilder Med Marine to provide propulsion units for a newly built escort and harbor tug. The Robert-Allan-designed tugboat is under construction at the Ereğli Shipyard in Northern Turkey.
SCHOTTEL Propulsion for Turkish-built Tug Read More »
Wärtsilä, together with project partners Carnival Maritime and HVCC Hamburg Vessel Coordination Center (HVCC), announced they have implemented and tested a new solution for just-in-time sailing.Together, the partners have achieved the exchange…
Wärtsilä Navi-Port Tested for Just-in-time Sailing Read More »
The Baltic Exchange’s main sea freight index rose on Wednesday as rates improved across all vessel segments, even as shipping activity remained subdued due to the coronavirus outbreak in China.The Baltic index, which tracks rates for capesize…
Baltic Index Vessel Rates Edge Higher Read More »
Seaspan Corporation posted a record USD 687 million operating earnings for the full year.
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Seaspan Boasts Stellar Operating Earnings Read More »
German container shipping line Hapag-Lloyd raised its 2019 operating profit by 80% to 811 million euros ($875.47 million) as it earned higher freight rates and cut costs, the Hamburg-based firm reported on Wednesday.”The main drivers of the positive bu…
Hapag-Lloyd Raises 2019 Operating Profit by 80% Read More »