A much-discussed report from the World Bank, which dismisses LNG as a fuel option to achieve the IMO's 2050 climate target, does not change French CMA CGM's plans to launch more LNG-fueled container vessels, the company says to ShippingWatch.
The leading Baltic Dry Index for the dry bulk market is at its highest in 10 years. Most recently, capesize has skyrocketed on an extraordinarily strong Chinese import, according to shipping organization Bimco.
DFDS's core markets in the UK and Turkey are doing better than expected, and the company now expects to raise more money from operations this year. Passenger traffic is still the largest uncertainty, and vaccines are crucial, says CEO to ShippingWatch.
Revenue at Semco Maritime, which specializes in technical installations on drilling rigs and offshore wind farms, took a small hit in 2020, but the company has succeeded in raising its operating income.
Keppel Offshore & Marine saw revenue decline in the first quarter, resulting in a bottom line deficit. The shipyard was the only company among Keppel Corporation's key businesses that was loss-making during the period, according to an update.