German container shipping line Hapag-Lloyd on Thursday reported a nearly 10-fold increase in first-half net profit, citing surging freight rates amid scarce transport capacities.The group, the world’s number five in the industry, said net profit climbe…
Container Shipping Giant Hapag-Lloyd Posts Near 10-fold Profit Rise in H1 Read More »
IPCC’s stark report comes as no surprise, but it highlights the need to act
IPCC’s ‘code red’ adds urgency to drive to cut shipping’s carbon Read More »
Retrofits look set to give short-term profit as owners cash in on boxship drought
DIY containerships: owners adapt bulkers and multipurpose vessels to carry boxes Read More »
But Belgian tanker owner says solid foundations are in place for improved markets
Euronav says tanker recovery timing uncertain as it logs $90m loss Read More »
Singapore-based shipbuilder Keppel Offshore & Marine has delivered Dmitry Mendeleev, Russia’s first Liquefied Natural Gas (LNG) bunkering vessel. Designed and built by Keppel O&M, the 5,800m3 ice-class LNG bunkering vessel (LBV) Dmitry Mendeleev was de…
Keppel Offshore & Marine Delivers Russia’s First LNG Bunkering Vessel Read More »