The ship recycling market has had a positive week after a long time, thanks to a renewed supply of vintage tonnage. In its latest weekly report, shipbroker Clarkson Platou Hellas said that “this week has seen a strong supply of smaller container units …
Ship Recycling: Small Container Ships Sold for Scrap Read More »
The shipping industry’s investment in reaching carbon net zero has been understood in a new report launched by BCG today: ‘Decarbonization and Willingness to Pay (WtP) in the Global Shipping Industry’. The key finding shows that despite global economic…
Despite the challenges of Covid-19 and port congestion, container terminal operators were successful in improving their profit margins in 2021 and 2022. However, the ports industry now faces the dual challenge of skyrocketing costs and market downturn,…
Margin pressure looms for container terminal operators Read More »
US liner operator Pasha coughs up to redeliver MPCC boxships two years ahead of schedule
MPC Container Ships bags $77m from sales and early charter redeliveries Read More »
BAE Systems said it has received a $294.7 million contract from the U.S. Navy to drydock and perform more than 20 months of maintenance and modernization work on the amphibious assault ship USS Kearsarge (LHD 3). The contract includes options that…
US Navy Awards BAE Systems $295 Million Contract for USS Kearsarge Refit Read More »