December 4, 2020

    MSC launches Christmas competition and unveils festive knitwear

    The Danish division of Mediterranean Shipping Co (MSC) has unveiled a Christmas competition, promising a unique gift for the winner. …
    December 4, 2020

    Insurance claims from ONE Apus box spill set to top $50m

    The total insurance bill from the box spill this week is set to top $50m. More than 1,900 containers –…
    December 4, 2020

    Asia – Europe spot rates up 200% year-on-year

    Fridays, 4pm China time, are ringing in records for container shipping week in, week out. The weekly publishing of the…
    December 4, 2020

    Chevron follows Exxon in slashing capital spending

    Covid-19’s seismic effect on the fortunes of tanker owners is beginning to become clearer. Yesterday American energy major Chevron announced…
    December 4, 2020

    ADNOC orders VLCC trio at DSME

    Daewoo Shipbuilding & Marine Engineering (DSME) has won a KRW282bn ($257m) order to build three VLCCs for Abu Dhabi National…
    December 4, 2020

    Xihe quartet placed into Maersk Tankers pools

    Maersk Tankers has taken over the running of four product tankers owned by Singapore’s Xihe Holdings, which is currently under…
    • Containers
      Sam ChambersDecember 4, 2020
      0 195

      MSC launches Christmas competition and unveils festive knitwear

      The Danish division of Mediterranean Shipping Co (MSC) has unveiled a Christmas competition, promising a unique gift for the winner.  MSC, where Dane Soren Toft took the reins this week as CEO, also revealed a natty festive knitwear (pictured) in…

    • Containers
      Sam ChambersDecember 4, 2020
      6 3,748

      Insurance claims from ONE Apus box spill set to top $50m

      The total insurance bill from the box spill this week is set to top $50m. More than 1,900 containers – including around 40 boxes containing dangerous goods – tumbled into the Pacific Ocean on Monday as the Japanese boxship encountered…

    • Containers
      Sam ChambersDecember 4, 2020
      0 973

      Asia – Europe spot rates up 200% year-on-year

      Fridays, 4pm China time, are ringing in records for container shipping week in, week out. The weekly publishing of the spot rates from the Shanghai Containerized Freight Index has seen prices for moving boxes across the seven seas leap in…

    • Tankers
      Sam ChambersDecember 4, 2020
      0 2,041

      Chevron follows Exxon in slashing capital spending

      Covid-19’s seismic effect on the fortunes of tanker owners is beginning to become clearer. Yesterday American energy major Chevron announced it will cut capital spending by 26% next year and make deep cuts through the middle of the decade, as…

    • Tankers
      Sam ChambersDecember 4, 2020
      0 942

      ADNOC orders VLCC trio at DSME

      Daewoo Shipbuilding & Marine Engineering (DSME) has won a KRW282bn ($257m) order to build three VLCCs for Abu Dhabi National Oil Co (ADNOC). The vessels will be delivered by the first quarter of 2023 with the contract also coming with…

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