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South Korea to provide financial assistance to yards
Next month, South Korea will announce measures to give its yards and suppliers financial assistance so they can develop new technologies and win new orders.
Will high-wire environmental discussion end up as a failed coup?
US President Donald Trump is now allegedly prepared to back a controversial proposal related to the global sulfur cap. But the proposal represents a failed coup attempt, several sources tell ShippingWatch. Others are less certain.
Hapag-Lloyd: New BAF will break with old policies
A new bunker adjustment factor at Hapag-Lloyd will help ensure two things, explains Juan Carlos Duk, managing director of global commercial development, to ShippingWatch. The BAF will very much address longstanding criticism from customers.
No supertanker orders in the third quarter
Higher prices and concerns over the order book have meant that the number of new orders for the major VLCC vessels in the third quarter landed at zero, writes JP Morgan in a new report.
DP World looking at Eritrea as a way to sidestep Djibouti troubles
Arabian port major DP World is considering investing in Eritrea as a possible key destination at the Horn of Africa, says CEO. Eritrea could thus become an alternative to Djibouti, where the company is in a dispute with the government concerning a terminal concession.
Ocean agent - Expeditors
Professional consultant - CO-Sea
Account Manager - Port of Aarhus
General Manager - On-site recovery, MAN Energy Solutions
