Maersk reaps $3bn as shippers shift to long-term contracts
Container shippers lose faith in spot sector and opt for premium long-term contracts
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May 2021
Cargo Removed from Stricken Tanker off China, Preparing for Voyage to Repair Yard
Cargo onboard a tanker that leaked oil off China has been removed and preparations are underway so the vessel can sail to a Chinese repair yard, the ship’s manager said on Wednesday.The A Symphony was anchored roughly 40 nautical miles (74 km)…
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Maersk Expects Container Shipping Tailwind to Last Amid High Demand
Denmark’s Maersk said on Wednesday it expected its “exceptionally strong” performance in the first quarter to continue for the rest of the year, driven by high demand for shipping containers from China to the United States.Maersk, which handles about o…
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EU project to trial greener, more efficient rudder
Scotland-based University of Strathclyde has designed a greener, more efficient rudder system that will be demonstrated as part of a €6 million EU-funded research project.
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Sterling strength a headwind but Clarksons sees medium-term outlook as positive
UK shipbroker says trading in line with expectations so far this year
Sterling strength a headwind but Clarksons sees medium-term outlook as positive Read More »