A decline in the rate of infections in China provides yards with the opportunity to reorganize their delivery schedules to address an approaching output slump, says Maritime Strategies International (MSI)The welcome news of declining rates of coronavir…
Could Coronavirus Disruption Offer an Opportunity for China Shipyards? Read More »
Shipping firm Wallenius Wilhelmsen, which transports cars and other vehicles from factories to markets, has cut its dividend to zero and will mothball up to 10 vessels as demand plunged amid the coronavirus outbreak, it said on Monday.The company also …
Wallenius Wilhelmsen Withdraws Dividend, Mothballs Vessels Read More »
Moves comes as Greece cracks down on ferry travel, closes public spaces and allows citizens out of their homes only…
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Svitzer gets a ten-year extension of its marine service contract with Sakhalin Energy Investment Company.
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Svitzer to Continue Providing Towage Services to Sakhalin Read More »
Only 1 dry bulk vessel of the planned 24 newbuildings was delivered by Chinese shipbuilders in February 2020.
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Significant Slippage of Drybulk Deliveries from China Imminent Read More »