SITC splashes $192m on eight feeder boxships at Yangzijiang
Latest deals lifts Chinese containership specialist’s order tally at compatriot yard to 25
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March 2021
Centerline Finalizes Acquisition of Saltchuk’s Bunkering Business
Marine transportation services company Centerline Logistics said it has finalized its acquisition of Saltchuk Marine Services’ California ship refueling business, currently operated by Saltchuk subsidiary Foss Maritime.With the completion of this expan…
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Fresh Ordering Keeps Feeding Into the Market
Newbuilding orders have been steadily on the rise during the past few weeks and last week was no exception to this trend. In its latest weekly report, shipbroker Allied Shipbroking said that it was “a rather interesting week for the newbuilding market,…
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“Round Table Shipping Organisations Highlight Key Issues for the Maritime Industry”
Leaders of the Round Table of International Shipping Associations – BIMCO, INTERCARGO, International Chamber of Shipping and INTERTANKO – met virtually last week to debate key issues facing the maritime industry today. At the meeting, the a…
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UK Budget 2021: The Shipping Sector
This is the first budget since the Brexit transition period has ended. We had expected that any changes to the UK tonnage Tax regime would be positive, for example by removing the EU flag requirement, or a new election window, but there were no changes…
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