Austal Philippines in April launched the high-speed trimaran ferry Bañaderos Express for Fred. Olsen Express in Balamban, Cebu.The newbuild is the second in a series of two 118-foot Auto Express ferries ordered by the Canary Islands-based operator…
Austal Philippines Launches Ferry for Fred. Olsen Express Read More »
Despite last week’s setback, the dry bulk market continues to impress with its strong trajectory since the onset of this year. In its latest weekly report, shipbroker Allied Shipbroking said that “now, reaching close to halfway through the 2nd quarter …
Dry Bulk Market: Is the Momentum Sustainable This Time Around? Read More »
With hindsight, it can easily be illustrated that even though macro-economic hindrances originate from different sources, they all tend to challenge (in one form or the other) the established rules. By now, we all must have read a lot about the pandemi…
Ports & terminals vs shipping lines: Do investors favour the latter? Read More »
The attacks on merchant ships in the Gulf of Guinea by Nigerian pirates must end. So far, 99 maritime companies, organisations and flag states, including BIMCO, have signed the Gulf of Guinea Declaration on Suppression of Piracy, which was launched tod…
Shipping industry launch the Gulf of Guinea Declaration on Suppression of Piracy Read More »
Teledyne Technologies Incorporated (NYSE:TDY) announced the completion of the acquisition of FLIR Systems, Inc. (NASDAQ:FLIR). FLIR will now be included in Teledyne’s Digital Imaging segment and operate under the name Teledyne FLIR.Under the terms of …
Teledyne Acquires FLIR Read More »