Shipbrokers Simpson, Spence and Young’s Atlantic Capesize Index down by 2,041 points in the week ending Monday to 7,323. “Led by gains on trans-Atlantic routes, the SSY Atlantic Capesize Index to the highest level since the second week of January at 7,…
SSY: Atlantic Capesize Index Gain by 2,041 Points Read More »
Engineering group Alfa Laval reported quarterly earnings and order intake above market expectations on the back of an upturn in the oil and gas sector on Monday and forecast demand would remain at the same level in the second quarter. The company…
Alfa Laval’s Volume, Profit Both Beat Street Read More »
China first domestically developed aircraft carrier looks set to begin sea trials after pictures appeared on the Chinese internet on Monday of it leaving its dock in the northeastern port of Dalian. The still-unnamed carrier was launched this…
China’s First Home-built Carrier to Start Sea Trials Read More »
Vopak Rotterdam Botlek is investing in 63.000 cbm state-of-the-art stainless steel capacity (15 tanks) for the storage of Styrene and other hazardous chemicals. Styrene is a vital product used in manufacturing of a wide variety of consumer goods servin…
Vopak to Invest in Rotterdam Terminal Read More »
As part of the government’s large-scale rescue plan for shipping sector, the Export-Import Bank of Korea (Korea Eximbank) sets a figure for loans and guarantees to the country’s shipping sector. According to Yonhap, Korea Eximbank will funnel…
South Korea Eximbank Pledges Huge Loans to Shipping Read More »