German container line Hapag-Lloyd is to implement cost cuts to take account of the coronavirus crisis, its chief executive Rolf Habben Jansen said on Wednesday.In a call with reporters, he said the Hamburg-based firm, the world's fifth largest shipping operator, would seek cost cuts by a "mid three-digit million euro sum this year.
German conglomerate Thyssenkrupp is in talks about possibly merging its subsidiary ThyssenKrupp Marine Systems (TKMS) with a domestic rival to create a national champion.The Thyssenkrupp board member in charge of the marine systems unit, Oliver Burkhard, tweeted earlier that the company was in talks as an alliance could make sense in the current European market environment
As the novel coronavirus and its impacts continue to spread across America, U.S. shipbuilders, by and large, continue to build. While most yards have been deemed essential to marine transportation and/or national security and have been able to maintain operations, the situation at and around every shipyard is different
Leading container shipping firm A.P. Moller-Maersk scrapped its 2020 earnings forecast on Friday, while rival Hapag-Lloyd warned of slowing growth until at least June, as the coronavirus pandemic takes a heavy toll on global tradeThe container shipping industry, a bellwether for international trade, has been blown off course by the new virus
German container liner Hapag-Lloyd on Friday stuck with its full-year earnings guidance but warned that supply disruptions and weaker demand due to the coronavirus crisis may lead to a revision of its forecast in the second half of 2020.The number five in worldwide container shipping
Seaborne coal trade around the world grew 0.7% last year, helped by higher output in China and Indonesia and more export activity by Indonesia, Australia, Russia and Canada, Germany's VDKI coal importers lobby said on Friday.Imports and exports, counted together, rose to 1.218 billion tonnes from 1.
Eastern Shipbuilding Group, Inc. has launched the second of two 80’ 5,100 HP Z-Drive tugs for Bisso Offshore, LLC, a division of E.N. Bisso & Son, Inc. The A. Thomas Higgins, currently under construction at Eastern’s Allanton facility, was launched on January 31, 2020.The RAL RApport 2400 Z-Drive ship-handling tug design was provided by Robert Allan Ltd located in Vancouver, Canada. The C.D.
Eastern Shipbuilding Group, Inc. has delivered the first of two 80’ 5,100 HP Z-Drive tugs for Bisso Offshore, LLC, a division of E.N. Bisso & Son, Inc.The M/V C.D. White, handed over on January 8, 2020, is a RAL RApport 2400 Z-drive ship-handling tug design provided by Robert Allan Ltd.
Caterpillar Marine has supplied two Cat 3516E Tier 4 main engines to the Andrew S. The EPA Tier 4 Final and Subchapter M azimuth stern drive (ASD) tractor tug was delivered to Bisso Towboat Co.Each engine generates 3,004 bhp at 1,800 rpm and a selective catalyst reduction (SCR) system. At 6,008 bhp, Andrew S. is the most powerful Tier 4 tug on the Mississippi River.The Andrew S.
Eastern Shipbuilding Group, a shipbuilder based in Panama City, Florida, has recently launched the RApport 2400 tug C.D. White, a ship-assist / escort tug for E.N. Bisso & Son Inc. of New Orleans LA.Designed by Robert Allan Ltd. it is first of two tugs of the same design being built by Eastern for E.N. Bisso. The tug is designed and built to USCG Subchapter M.
Eastern Shipbuilding Group, Inc. has announced the launching of the first of two (2) 80’ 5,100 HP Z-Drive Tugs. The C.D. WHITE for Bisso Offshore, LLC, a division of E.N. Bisso & Son, Inc., launched on August 22, 2019. A RAL RApport 2400 Z-Drive Ship-handling Tug design was provided by Robert Allan Ltd located in Vancouver, Canada. The C.D.
The ferry and logistics company DFDS has entered into a collaboration with Volvo Trucks concerning their electric, connected and autonomous vehicle Vera.The Danish international shipping and logistics company said in a press release that the aim is to develop and test an integrated solution for transporting goods from a logistics centre to a port terminal in Gothenburg, Sweden, using Vera.