Wallenius Wilhelmsen has signed a multi-year shipping contract with an undisclosed automotive manufacturer worth $580 million.The new contract has a duration of three years and three months with commencement on January 1, 2025.The contract has…
Wallenius Wilhelmsen Lands $580M Multi-Year Shipping Contract Read More »
This week has seen about USD 10/LDT gained across the board in ship recycling markets, says cash buyer GMS, and Bangladesh has leapfrogged India for pole position including the purchases of two Panamax bulk carriers in the USD 470s/LDT.“Although…
Ship Recycling Markets See a Little Action Read More »
Russian and Indonesian ships practiced freeing a vessel captured by terrorists and fought unmanned boats during the first joint naval exercises between the two countries in the Java Sea, Russia’s RIA state news agency reported on Monday.The joint exerc…
Russian, Indonesian Navies Hold Joint Drills Read More »
Seatrium has signed a Letter of Intent (LOI) with Japan-based Penta-Ocean Construction (POC) to carry out early engineering work for a 5,000t fully-revolving heavy lift vessel project for the Japan wind market.Subject to the final investment decision b…
Seatrium Adds Heavy Lift Vessel to Project Schedule Read More »
New Zealand animal welfare group SPCA is critical of New Zealand Prime Minister Christopher Luxon, saying he has refused to provide answers about his plans to restart the export of live animals by sea.A ban was implemented by the previous government…
NZ Prime Minister Accused of Being Cryptic on Live Export Restart Read More »