Maritime satellite communications company Inmarsat now offers a service called ‘Fleet Xpress Enhanced’, which it says enables digitalization, decarbonization, and crew wellfare for the global shipping sector,.”Fleet Xpress, enhanced by Fleet Edge…
In the last two weeks, the shipowner has seen its MR tanker rates average $34,400 per day
Ardmore suggests big second-quarter turnaround in the offing as rates jump Read More »
Companies planning a new ferry build should focus on the Total Cost of Ownership (TCO) instead of kW-power, in order to optimize costs, Steeprop, a designer and manufacturer of azimuth propulsion systems, said.Choosing the propulsion unit based mainly …
Steeprop to Ferry Owners: Focus on TCO Instead of kW-power to Optimize Costs Read More »
Egypt’s Suez Canal recorded its highest monthly revenue to date in April, reaping $629 million in ship transit fees, the authority managing the waterway said, as traffic rebounded from the impact of the pandemic.The monthly revenue in April was 13.6% h…
Suez Canal Sees Record Monthly Revenue in April on Higher Traffic Read More »
Seaboard Marine’s operating income jumps by 438% in first quarter as container shipping boom bolsters earnings
Shipping brings home more bacon than Seaboard’s pork and commodities units Read More »