German container liner Hapag-Lloyd AG is confident of achieving higher earnings in 2020 as lower fuel prices cut shipping costs, demand in Asia recovers and fleet capacity is tight, chief executive Rolf Habben Jansen said on Friday.”Oil prices have fal…
Hapag-Lloyd Expects Higher Earnings for 2020 Read More »
The Pakistan Navy commissioned its new Corvette PNS Tabuk at the Port of Constanta, Romania, on Thursday.The ship, a Damen OPV 1900, is part of a two vessel order with Damen, signed by the Pakistan Ministry of Defense in 2017. Both ships are built at D…
Pakistan Navy Commissions New Corvette Read More »
Italian shipbuilder Fincantieri reported a 16% drop in revenues for the first nine months […]
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Finland-based propulsion specialist Steerprop has recently won a contract to deliver azimuth units as the main propulsion and steering system for a shallow-draught ice-breaking vessel being built for offshore oil operations in the Russian Far East.The …
Steerprop Azimuth Propulsion for Icebreaking W2W Vessel Read More »
SeaDream Yacht Club has halted a cruise in the Caribbean following several positive coronavirus tests among passengers, the company said on Friday.The SeaDream I vessel has returned to port in Barbados and all passengers are currently being re-tested…
Caribbean Cruise Paused as Passengers Test Positive for COVID-19 Read More »