Wilhelmsen results fall below expectations
Shipping and logistics firm hit by seasonal weakness, reduced volumes and rate reductions.
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Tokyo MoU sees 20-year low in detentions
Leading port state control organisation sees overall better safety record, but two-tier market continues in safety.
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Danish Fleet Surpasses 20 million GT
The total gross tonnage of the Danish ship registry recently surpassed 20 million GT for the first time in history.Denmark, which has been steadily climbing the ranks as a shipping nation, is currently the world’s 12th largest register.The fleet…
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PSA Marine Orders LNG-fueled Harbor Tug
Wärtsilä said it has been contracted to design and equip one of PSA Marine (Pte) Ltd’s newest harbor tugs. Operating on liquefied natural gas (LNG) fuel and incorporating fuel efficiency features, the harbor tug, which will be built by PaxOcean Shipyar…
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Capital Products Acquires M/T Anikitos
Capital Product Partners L.P. has announced that it has completed the previously announced acquisition of the M/T Anikitos, an eco-type MR product tanker (50,082 dwt IMO II/III Chemical Product Tanker built 2016, Samsung Heavy Industries (Ningbo) Co.…
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