German propulsion manufacturer SCHOTTEL said it has been selected to equip a newly built harbor tugboat for the Saint Lawrence Seaway Development Corporation (SLSDC) with medium-sized azimuth thrusters. The vessel is under construction at the U.S. ship…
SCHOTTEL to Propel St. Lawrence Seaway Tug Read More »
Despite lower volumes, Zim lifts average freight rates and reduces net losses
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Zim improves performance with 2M co-operation Read More »
The Santos Port Authority says it has taken measures to contain any contamination risks
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Santos port operational despite staff coronavirus concerns Read More »
After a frantic week that sent crude oil freight rates to record highs amid a bookings bonanza to ship Saudi oil to the world, rates are now easing as charterers balk at the nosebleed charges and await Saudi volume plans for April, shipping sources sai…
Tanker Rates Fall, but Storage Demand Stays Firm Read More »
‘Negotiations were slower to get going than in previous years and were perhaps tougher in nature, with the majority of…
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P&I clubs ‘set the tone’ during renewal round Read More »