The container line sees high demand and good opportunities in the reefer market and touts the new service as one…
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Zim launches reefer-focussed China-Australia service Read More »
The cruise industry has certainly been among businesses hardest hit by the economic impacts of COVID-19. But the industry-rocking fallout extends well beyond the cruise lines themselves, extending through cities throughout Florida where canceled…
Cruising Pause Has Major Impact on Florida’s Economy Read More »
Earlier this month Sanmar Shipyards delivered a pair of Robert Allan Ltd. designed terminal support/escort tugs to Orkney Islands Council Marine Services, in Scotland. The unique and historical names Odin of Scapa and Thor of Scapa were chosen by a wid…
Sanmar Delivers Tug Pair to Scotland Read More »
The ship recycling market in Southeast Asia has picked up pace over the course of the past week, as more ship breaking yards entered the foray. In its latest weekly report, shipbroker Clarkson Platou Hellas said that “the recyclers from Bangladesh have…
Competition Heats up in the Demolition Market Read More »
There is no denying that a sudden plunge in oil demand on account of COVID-19 proved to be a blessing in disguise for the oversupplied crude tanker market in 2Q20, which led to a surge in onshore and offshore storage of crude in March-April. While an i…
Floating Storage: A Ticking Time Bomb For The Crude Tanker Market Read More »