Team Tankers reduces loss after Maersk collaboration
Tanker shipping company Team Tankers lost less money in the second quarter of 2020, which started off with a new Maersk collaboration and a joint venture with V.Group. The partnerships improved the shipping company's performance, says CEO Hans Feringa in the report.
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.