After a highly volatile 2020, shipbroker Simpson Spence Young (SSY) looks at the next 12 months and highlights areas of particular interest in their 2021 Outlook Report. The report looks at various drivers of the shipping markets, including…
SSY Publishes Shipping Outlook for 2021 Read More »
CMA CGM joins the ranks of Maersk and Hapag-Lloyd as targets of Transcend Shipping Systems
CMA CGM third boxship company hit with patent infringement suit Read More »
Carnival Corp on Monday reported a preliminary adjusted net loss of $1.9 billion for the fourth quarter, as the cruise operator’s business was brought to a virtual standstill by the COVID-19 pandemic.The world’s largest cruise company’s shares fell 4% …
Carnival Reports $1.9 Billon Quarterly Loss Read More »
The newly built Suezmax tanker Maran Solon was delivered to Maran Tankers Management on January 4, the Greek operator said on social media.The Greek-flagged, 157,000 dwt Suezmax is classed by ABS and was built by Daehan Shipbuilding Co. in South…
Maran Tankers Takes Suezmax Delivery from South Korea’s Daehan Read More »
“We got 59,115 hours on those engines, without ever removing a head,” says Seaspan International’s Port Engineer Kevin Tweedy, “And they were still running. So, at 5,000 to 5,500 hours per year, we could easily have done 60,000 hours.”But the company s…
Seaspan Cavalier Repower: Long Life, Big Hours Read More »