Investors were encouraged by the results and pushed the company’s share price to new highs
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The United Nations shipping agency on Thursday adopted a ban on the use of heavy fuel oil in the Arctic region while green groups said the regulations contained loopholes which will allow many vessels to keep sailing without enough regulatory…
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Italian shipbuilding group Fincantieri has begun building the first of four new ships on order for MSC Group’s new luxury cruise brand Explora Journeys.Built at Fincantieri shipyard in Monfalcone, Italy, the new cruise ship Explora I is scheduled to se…
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The product tanker market has a long way to go, as global gasoline demand is expected to lag in terms of demand recovery, with crude oil expected to recover first. In its latest weekly report, shipbroker Intermodal said that “while approaching the seco…
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