Maersk reports profits of USD 30 MM in 2022 expects a collapse of 85-95% in 2023
Despite registering profits of USD 30 MM in 2022, the forecast calls for a collapse of 85 to 95% in 2023 for…
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Charter Rates Collapse, Leveling Out With Freight Rates
Shipping Lines, freight forwarders take advantage of COVID demand bonanza, now charter rates finally collapse,…
BIMCO: Oil Market Collapse Favored IMO 2020 Regulation
According to BIMCO, The collapse of the oil market has triggered a decrease in the prices of marine fuels that…
VIDEO: DEME’s Offshore Installation Vessel Suffers Crane Collapse
A newbuild offshore installation vessel due for delivery later this month suffered a major accident over the…