Strong OOCL result bodes well for container sector
Container carrier Orient Overseas Container Lines (OOCL), which is on track to be sold to Cosco, can look back on a second quarter with a significant boost in revenue. Stronger rates indicate an overall positive result for the container sector in the second quarter, says Fearnleys.
With daily rates of USD 100,000 a few weeks ago, the LPG market was basically a money press, as BW LPG chief executive Anders Onarheim puts it in an interview with ShippingWatch. Today, rates would have a hard time going any lower, he says.
At Maersk Supply Service, only three percent of seafarers are female. The company wants to ensure that women never find themselves alone in a male-dominated environment and will deploy women in pairs, head of crew management tells ShippingWatch.
Europe's biggest port now presents a list of 27 companies that have secured permission to operate bunker barges in the port. The licenses have been introduced as part of the efforts to get better control of the port's bunker business.