Topic: COVID-19

AAL adds two G-class vessels to its fleet

ShippingAAL Shipping is taking delivery of two additional G-class multipurpose vessels, expanding its core fleet to 720,200 total deadweight (dwt). The Pacific Action and AAL Gladstone have both served in the AAL fleet before and...Read more
|Comment|author: Adnan Bajic

AntwerpXL postponed to December 2021

Industry eventsAntwerpXL has been postponed from March 2021 to 7-9 December 2021 due to the continuing circumstances surrounding the pandemic. The live event will be held at the Antwerp Expo in Belgium.Read more
|Comment|author: Adnan Bajic

Breakbulk Middle East cancelled for 2021

EventsBreakbulk Middle East is the first Covid-19 casualty of the planned breakbulk events this year. The postponement of the event to next year follows hot on the heels of the cancellation of Transport Logistic 2021...Read more
|Comment|author: Adnan Bajic

Pandemic drives up vessel operating costs

ShippingPRESS RELEASE – Vessel operating costs have risen at their fastest pace in over a decade this year due to higher insurance cover premiums and Covid-19 related expenses. Yet, they are expected to moderate in...Read more
|Comment|author: Adnan Bajic

Wilson maintains profitability through cost control

ShortseaNorwegian shortsea carrier Wilson Shipping is reporting fairly stable earnings despite the lower day rates and difficult market circumstances due to Covid-19. In the third quarter, the company’s operating profit amounted to EUR 11.5 million,...Read more
|Comment|author: Adnan Bajic

Recession not as bad as initially feared

Although the global economy is still predicted for a recession in 2020, the intensity of it is now lower than previously anticipated, analysis of the IMF projections by shipping consultant SeaIntelligence shows.  Compared to June,...Read more
|Comment|author: Adnan Bajic