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Business & Finance

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Mega Boxships and Rising Demand Fueling Port Investment Race
Business & Finance

Mega Boxships and Rising Demand Fueling Port Investment Race

Rising global container port demand and ever larger vessels are driving terminal operators to make significant investments in additional capacity, according to the Global Container Terminal Operators Annual Report 2015 published by global shipping consultancy Drewry. Drewry predicts average global c

about 11 years ago
Mega Boxships and Rising Demand Fueling Port Investment Race
Business & Finance

Mega Boxships and Rising Demand Fueling Port Investment Race

Rising global container port demand and ever larger vessels are driving terminal operators to make significant investments in additional capacity, according to the Global Container Terminal Operators Annual Report 2015 published by global shipping consultancy Drewry. Drewry predicts average global c

about 11 years ago
Platts: Dry Bulk Market Needs at Least 3 Years to Recover
Business & Finance

Platts: Dry Bulk Market Needs at Least 3 Years to Recover

The currently crippled global dry bulk freight market is expected to take at least three years to hit the road to recovery, according to the majority of industry players surveyed by Platts. The Platts Dry Bulk Market Survey was conducted in July and involved more than 100 dry bulk market participant

about 11 years ago
Platts: Dry Bulk Market Needs at Least 3 Years to Recover
Business & Finance

Platts: Dry Bulk Market Needs at Least 3 Years to Recover

The currently crippled global dry bulk freight market is expected to take at least three years to hit the road to recovery, according to the majority of industry players surveyed by Platts. The Platts Dry Bulk Market Survey was conducted in July and involved more than 100 dry bulk market participant

about 11 years ago
Svitzer Sets Growth Goals
Business & Finance

Svitzer Sets Growth Goals

Maersk’s towage specialist Svitzer is planning to secure greater foothold in two strategic markets in Asia, Middle East and Africa (AMEA) and Americas, the company said. Both regions are of smaller weight in Svitzer’s portfolio, but have substantial growth opportunities. The AMEA region today covers

about 11 years ago
Svitzer Sets Growth Goals
Business & Finance

Svitzer Sets Growth Goals

Maersk’s towage specialist Svitzer is planning to secure greater foothold in two strategic markets in Asia, Middle East and Africa (AMEA) and Americas, the company said. Both regions are of smaller weight in Svitzer’s portfolio, but have substantial growth opportunities. The AMEA region today covers

about 11 years ago
Reefer Trade Immune to Downturn
Business & Finance

Reefer Trade Immune to Downturn

Despite a variety of adverse economic and climatic conditions, perishable reefer cargo growth appears unstoppable, according to Drewry’s latest Reefer Shipping Market Annual Review & Forecast. Worldwide perishable reefer trade increased by 1.8% in 2014 – reaching almost 190 million tonnes. Although

about 11 years ago
Reefer Trade Immune to Downturn
Business & Finance

Reefer Trade Immune to Downturn

Despite a variety of adverse economic and climatic conditions, perishable reefer cargo growth appears unstoppable, according to Drewry’s latest Reefer Shipping Market Annual Review & Forecast. Worldwide perishable reefer trade increased by 1.8% in 2014 – reaching almost 190 million tonnes. Although

about 11 years ago
Readers’ Picks of the Week (17-21 of August)
Business & Finance

Readers’ Picks of the Week (17-21 of August)

Update 2: Tianjin Port Disaster Claims 112 Lives, 95 Missing Rescue crews have found 112 bodies, with 95 people still missing, 85 of whom are firefighters, after two huge explosions leveled parts of the industrial area of China’s Port of Tianjin where dangerous chemicals and goods are stored late We

about 11 years ago
Readers’ Picks of the Week (17-21 of August)
Business & Finance

Readers’ Picks of the Week (17-21 of August)

Update 2: Tianjin Port Disaster Claims 112 Lives, 95 Missing Rescue crews have found 112 bodies, with 95 people still missing, 85 of whom are firefighters, after two huge explosions leveled parts of the industrial area of China’s Port of Tianjin where dangerous chemicals and goods are stored late We

about 11 years ago
ENOC step closer to taking over Dragon Oil
Business & Finance

ENOC step closer to taking over Dragon Oil

Emirates National Oil Company Ltd. (ENOC) is a month away from taking over the Irish-listed oil explorer and producer Dragon Oil. ENOC, which in July 2015, offered 750 pence per Dragon share, and on August 2, 2015, boosted it to 800 pence in cash for each Dragon Oil Share, now has 41.9 per cent [&

about 11 years ago
DNV GL Adds Class Notation for Ship-to-Ship Gas Bunkering
Business & Finance

DNV GL Adds Class Notation for Ship-to-Ship Gas Bunkering

DNV GL has developed a new class notation for gas bunker vessels aimed at ensuring safe fuel transfer operations from one ship to another. This notation addresses safety concerns in this field and covers gas bunker vessels design and additional requirements to support the development of gas fuelled

about 11 years ago
DNV GL Adds Class Notation for Ship-to-Ship Gas Bunkering
Business & Finance

DNV GL Adds Class Notation for Ship-to-Ship Gas Bunkering

DNV GL has developed a new class notation for gas bunker vessels aimed at ensuring safe fuel transfer operations from one ship to another. This notation addresses safety concerns in this field and covers gas bunker vessels design and additional requirements to support the development of gas fuelled

about 11 years ago
Dredge Yard Showcasing at Mexico Chapter
Business & Finance

Dredge Yard Showcasing at Mexico Chapter

The WEDA Mexico Chapter, representing all regions in Mexico, will at its 2015 Annual Meeting bring together dredging contractors and manufacturers from across the globe, senior U.S. and Mexican government and port officials, experts in the infrastructure, energy and dredging sector. Dredge Yard, the

about 11 years ago
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