Demand drivers and freight rates Driven by the pandemic and stimulus-induced consumer spending on retail goods, container shipping has been a great place to be for carriers and tonnage providers, while proving a headache for those with cargoes needing …
Container shipping: Records keep falling as industry enjoys best markets ever Read More »
Diminishing attractiveness of a career at sea, coupled with rising man-berth ratios and continued fleet growth will lead to the highest shortfall of officers to crew the world’s merchant fleet in over a decade by 2026, with important implications for b…
Officer shortfall to reach decade high by 2026 Read More »
Europe remains well supplied with bunker fuels, and while there are some delays in Algeciras and Gibraltar from the start of the week, bunker congestion is expected to ease in these ports shortly. Northern European and Mediterranean bunkering ports hav…
ENGINE: Europe & Africa Bunker Fuel Availability Outlook Read More »
The officer shortfall will be the largest in a decade by 2026, the company said in its annual manning report
Wärtsilä was contracted to supply another of its Gas Cargo Handling Systems, an order was placed by Daewoo Shipbuilding and Marine Engineering (DSME) in April 2021. The Wärtsilä system will be installed in a 91,000 cbm capacity Very Large Gas…
Wärtsilä Cargo Handling Systems wins VLGC Order Read More »