Maersk Line, responsible for 17% of the global container shipping market, has made its most significant step yet towards greater sustainability. The Danish company has ordered eight vessels – each with a nominal capacity of approximately 16,000 contain…
Is there Methanol in Maersk’s Madness? Read More »
In the decade since the global financial crisis, ship financing has undergone considerable change. Traditionally, debt financing with banks and equity financing were the most common methods used by shipping companies to raise money. However these forms…
Alternative Financing in the Shipping Industry Read More »
Rates keep rising despite fears that Chinese property developer Evergrande might default on its debt
Capesize bulker rates ‘remain tight’ amid supply-demand tension Read More »
The two new fire boats of the Flotte Hamburg were ceremonially christened Dresden and Prag on September 23 by their two sponsors, Dresden’s Second Mayor Annekatrin Klepsch and Prague’s City Councillor for Culture Hana Třeštíková. In the presence…
Two New Fireboats Christened in Hamburg Read More »
Carnival Corp said on Friday cruise bookings for the second half of 2022 were ahead of pre-pandemic levels, in a sign the cruise operator expects a rebound in business as it restarts voyages globally.The company’s U.S.-listed shares rose 3.1%…
Carnival Says Cruise Bookings for 2022 H2 Above Pre-pandemic Levels Read More »