Healthy shipping markets and tight repair space mean a damaged shaft line can be a costly affair, but Wärtsilä believes this should no longer be an issue.
A union official has dismissed a BC Maritime Employers Association (BCMEA) complaint against the foremen’s union as just “drama” following the resolution of the main contract negotiations.
Following the announcement of the dissolution of the 2M alliance the division of services was rapid, but since the beginning of this year the collaboration has regained momentum with an increase in joint MSC and Maersk services.
Despite robust new loan generation as 2023 progressed, at the dawn of 2024 bank lending to Greek shipowners was down reported the 23rd annual analysis by Petrofin Research of bank lending to Greek shipping companies.
A series of controlled explosions has been carried out to blast apart section of the collapsed Key Bridge that was resting on the bow of the container ship Dali.