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Four seafarers are missing after an explosion and fire on a Wan Hai Lines container ship off the coast of India, according to officials.
The Singapore-flagged 4,333-teu Wan Hai 503
Four seafarers are missing after an explosion and fire on a Wan Hai Lines container ship off the coast of India, according to officials.
The Singapore-flagged 4,333-teu Wan Hai 503
A 12-strong dive team was due to start the salvage operation of a 28-year-old MSC Group containership on Monday after the ship sank while carrying 13 containers of hazardous cargo,
The container shipping orderbook has hit another all-time high as the appetite for newbuildings reaches unprecedented levels.
The cellular orderbook grew to a record of 9.7m teu as of 1
Brokers suggest it can’t get any worse for VLCCs operating in a weak spot market.
Rates on the Middle East to China benchmark route sank to $19,000 per day on
Shuttle tanker owners are set to reap the rewards of investment in their specialised fleets, according to Clarksons Research.
The UK company expects demand to rise for the niche ships