German container firm Hapag-Lloyd on Wednesday raised the lower end of its 2024 outlook amid rising demand and freight rates, but posted an 84% drop in first-quarter net profit.Commercial shipping has faced global disruptions, including in the Red Sea …
Hapag-Lloyd Raises Lower End of Outlook but Profit Falls Read More »
Laborde Products announced the completion of a repower project for the towboat Ned Merrick, owned by Canal Barge Company. The project featured the replacement of the vessel’s previous engines with two Tier 3 S16R engines from Mitsubishi, each deliverin…
Canal Barge Towboat Repowered Read More »
A new feeder fleet of two tugs and two barges dedicated to serving a wind turbine installation vessel (WTIV) from Maersk Supply Service (MSS) has been ordered by Edison Chouest Offshore (ECO) to ABS class.The innovative system is designed to deliver co…
ABS to Class Edison Chouest’s Offshore Wind Feeder Fleet Read More »
Big-name outfits and regional players return to shipyards in orders flurry
Container ship players eye $7.5bn push for 50 newbuildings Read More »
Big-name outfits and regional players return to shipyards as newbuilding market returns to life
Container ship players eye $7.5bn 50-vessel push in return to newbuildings Read More »