Freight carriers are struggling to deliver goods by land, sea or air as the coronavirus pandemic forces Western governments to impose lockdowns, threatening supplies of vital products including medicines into the most affected areas, such as…
Western Supply Chains Buckle as Coronavirus Lockdowns Spread Read More »
Finnish cruise ferry operator Viking Line announced Monday it will continue service on its “most important” routes despite concerns about the coronavirus outbreak.”Taking the security of supply for Finland and Åland as well as the cargo transport deman…
Viking Continues Operations on Main Freight Lines Read More »
Everett Ship Repair (ESR) is a relatively new name in the U.S. ship repair business. Established in October 2019, the Pacific Northwest shipyard is owned by Ice Cap Holdings, LLC, which is also the parent company to another shipyard not too…
Insights: Gavin Higgins, CEO, Everett Ship Repair Read More »
The Baltic Exchange’s main sea freight index hit an almost one-week low on Monday, dragged down by weaker demand for panamax and supramax vessels.The Baltic index, which tracks rates for capesize, panamax and supramax vessels that ferry dry bulk commod…
Baltic Index Falls On Waning Panamax Rates Read More »
COSCO-owned OOIL wrapped up 2019 with a significant earnings growth despite market uncertainties.
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OOIL Ready for Potential Headwinds Read More »