“A fire in the engine room is any seafarer’s worst nightmare,” says Tom Backlund, Wärtsilä’s General Manager Large Bore Engines. This is especially true when it comes to fuel leakages in vessel engine rooms. This is why the International Convention for…
Enhance safety at sea with smart fuel hoses Read More »
Despite the improving market conditions over the course of the second quarter of 2019, the negative impact of the first few months of the year are still felt throughout the industry. Nevertheless, ship owners’ restrain when it comes to adding mor…
Capesize Market Recovery Still a “No-Show” Read More »
The Poseidon Principles launched on the 18 June 2019, with founding signatories including Citi, DNB, Societe Generale, ABN Amro, Amsterdam Trade Bank, Credit Agricole CIB, Danish Ship Finance, Danske Bank, DVB, ING and Nordea. Together they have a comb…
The Poseidon Princples: Will They Affect Me? Read More »
In an economy mired by trade wars, rising global unrest and increasingly complex geopolitics, views are – unsurprisingly – mixed about the future fortunes for container shipping. At Multimodal 2019, a freight transport, logistics and supply chain manag…
Differences of opinion on container outlook Read More »
2019 has proven to be just as hard as 2018 for tanker owners, but for a whole new set of reasons. While last year was characterized by shipping’s own shortcomings, as a result of an imbalance between supply and demand, 2019 is proving to be the year of…
Tankers Bear the Brunt of Geopolitical Uncertainties Read More »