According to a report on Reuters, South Korea's Daewoo Shipbuilding and Marine Engineering has won a deal to build five 13,100 TEU containerships for Hyundai Merchant Marine, for a reported
$639m. (Source: Reuters)
BP, Conoco Phillips, and Exxon Mobil said that the 65-billion dollar megaproject would be too unprofitable for them to move into the next phase of development.
The Dutch shipping company family Switijnk has contracted C-Job Naval Architects to develop a Rotor Sail-equipped design to meet their specific loading and sailing profile.
Chinese shipbuilder Yangzijiang Shipbuilding Holdings Ltd said it plans to cut 2,000 additional jobs, just under 10 percent of its current workforce, stepping up
Have you heard about Maersk Line's smart reefers that can listen and talk? Cutting edge technology that reduces risk in customer supply chain, claims Maersk Line.
Rickmers Holding AG and E.R. Capital Holding have jointly decided not to pursue the merger of their ship management activities.
For many years the companies
German container shipping line Hapag-Lloyd expects to reap a third of targeted annual synergies of $400 million from the planned merger with Arab rival UASC already next year,