Baltic Exchange Escrow Service sees increase in new transactions volume
The service, operated from Singapore, facilitates both shipping and non-shipping transactions around the world. So far transactions supported have included asset sales and disputes.
MOL’s response towards Coronavirus Disease (COVID-19)
Mitsui O.S.K. Lines, Ltd. announced that it will implement “Work-from-Home” program aimed to prevent the spread of coronavirus infection and ensuring the safety of officers…
Kuehne + Nagel sells major part of its UK contract logistics portfolio
Kuehne + Nagel enters into a definitive agreement to sell a major part of its UK contract logistics portfolio to XPO Logistics.
Veem delivers world’s largest gyrostabilizer to major shipbuilder
Marine propulsion and gyro stabilization company, VEEM Ltd, is pleased to announce that it has successfully constructed the largest and most powerful known gyrostabilizer in…
MSC announces Panama Canal emergency surcharge effective April 6th, 2020
ECSA to USA and USA to WCSA
Trish Skoglund joins Crowley Fuels to lead sales and supply for Alaska
Trish Skoglund has been appointed vice president of sales and supply for Crowley Fuels LLC, one of Alaska’s leading petroleum transportation, distribution and sales companies…
US light oil production guided to grow by 8.1% in 2020, despite lower capex
Light oil production in the United States is guided to grow by 8.1% year-on-year, according to Rystad Energy’s analysis of the latest shale E&P guidance,…
Asia Airports Face $3 Billion Revenue Loss This Quarter Because of Coronavirus
Air traffic in the Asia Pacific is set to plunge 24% in the first three months of this year because of the coronavirus’s impact on…
A Recycling Plan to Clear Wind Turbine Blades From Graveyards
A Danish startup aims to turn old turbines into a material that can address a different environmental threat: noise pollution.
Reopening workplaces, imported cases to test China’s virus fight
China’s efforts to contain the deadly coronavirus will be tested as people return to their workplaces and some infected people enter from nations that are…
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