According to a Sept. 30 report from The Daily Star, shipbuilders are banking on the ongoing recession to carve itself a position in the global market, as the demand for smaller vessels has increased, shipbuilders and analysts said.
(The Daily Star)
The Maritime Industry's original and most viewed E-News Service
Two Damen ASD 3212 tugs for towage and salvage specialist Multraship have been named on June 24 at Terneuzen, the Netherlands.
The Multratug 29 and Multratug 30,
Silver Ships, Inc. has recently delivered a 34-foot custom designed and purpose-built all-welded aluminum fire/rescue boat to the Islip Fire District on Long Island, New York.
Chemical shipping company Navig8 Chemical Tankers Inc. has taken delivery of its first stainless steel chemical tanker, the Navig8 Sirius, from Japanese shipbuilder Kitanihon Shipbuilding Co.
China is a bigger concern for crude oil and products markets than the current worries about the British vote to leave the European Union.
While the news media
World No.1 container liner Maersk, Swiss peer MSC and 13 other shipping firms are set to escape possible penalties as EU antitrust regulators plan to accept their offer to end a five-year probe,