Shipowner Seaspan continues to expand its fleet, this time acquiring eight new ships, all of which will be equipped with scrubbers. Since December, the shipowner has ordered 25 ships.

With OPEC+ deciding not to ease its supply curbs, even as the global economy is on the mend, the oil price soars toward USD 65 per barrel.

Major improvements in the Offshore Energy division were not enough to secure a profit on the Dutch offshore company's bottom line.

The current tanker market is catastrophically poor with unprecedented low rates in the otherwise attractive winter months, Norden CEO Jan Rindbo tells ShippingWatch. That is why he projects that Norden's earnings will almost halve in 2021, compared to 2020's record result.

Despite a strong second half-year, Kuehne + Nagel's container volumes declined overall in 2020. Sky-high demand and container shortages have led the logistics company to focus on its "key customers" during the pandemic, says CEO Detlef Trefzger.