Sustainability in the heavy lifting industry

Cost efficiency and sustainability, two topics that are frequently discussed in the offshore and maritime industry. There are many developments and innovations going on in this area.

Shipping's Recovery Not Enough to Lift Seafarer Wage Costs

Ship manning costs are set to remain suppressed despite a recovery in cargo shipping markets, as shipowners and ...

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Drewry: SM Line Soon to Join Top 20 Carriers

South Korea’s recently established SM Line is on the verge of joining the Top 20 of carriers by operated ...

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Container Leasing Rates under Pressure amid Competition

Leasing companies are tightening their stranglehold over container equipment ownership as ocean carriers cut back ...

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Hybrid Global Terminal Operators on the Rise

More international terminal portfolios are likely to move into the hybrid category in the coming years, as pure ...

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Asia to Australasia Container Traffic Heading South

Asia to Australasia container traffic experienced its first quarterly slump in at least five years, falling by 11 ...

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Drewry: Asia-Southern Africa Rates at 7-Year High

The Asia to Southern Africa market has witnessed a significant growth as spot rates reached their highest in seven ...

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Drewry: Container Trade Outlook Rises with More Volumes

World container trade appears to be back on track after two lean years, right on time for carriers that are taking ...

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Weak Freight Outlook to Affect VLGC Asset Values

Given the weak freight rate outlook for LPG shipping over the next twelve months, there is more downside risk to ...

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Oversupply to Put More Pressure on Chemical Shipping Rates

The shipping fleet trading in chemical and vegoil markets is set to accelerate at a much faster pace than demand, ...

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Drewry: Is CMA CGM Playing Catch-Up with Carriers?

Having been dormant for over 18 months the containership orderbook could be about to jolt back to life with ...

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Drewry: Firm Demand to Drive Recovery in Dry Bulk Shipping

Dry bulk shipping charter rates are expected to continue to recover with firm demand and controlled fleet growth, ...

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Chinese Players Lead M&As in Port Sector

The outlook for global container port demand growth is now more optimistic and Chinese players are on the ...

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Carriers Getting Busier on Asia-Middle East Route

Spot rates in the Asia to Middle East market are seeing the most traction as container shipments on the route ...

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Drewry: FSRUs More Profitable than LNG Carriers

Despite falling freight rates for floating storage regasification units (FSRUs), investment returns at current ...

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North Europe-America Spot Rates to Remain Stable

In the first five months of this year, North European exports to North America registered a rise of 5.7%, according ...

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Drewry: Vietnam, Indonesia Adding Direct Mainline Services

The assumption that the rise of mega-ships and alliances would limit the coverage of direct mainline container ...

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Drewry: Asia-Med Prices to Remain Firm until Q4

The westbound Asia-Mediterranean trade will witness firm prices until the fourth quarter of the year when the ...

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COSCO-OOCL Entity Would Be World’s 3rd Largest Carrier

The latest shipping market combination between COSCO Shipping Holdings and Orient Overseas International Lines ...

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Drewry: Idle Containership Fleet Shrinks

Having been one of the few fast-growing segments in the containership industry until recently, the idle ...

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Drewry: Freight Rates Bounce Back from 2016 Levels

This year is one of huge correction after a disastrous 2016 for rates, buoyed at the same time by better supply and ...

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Multipurpose Prospects Continue to Strengthen

Many key drivers for dry cargo demand have reported a significant uptick in 2017, resulting in improving conditions ...

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