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Monthly Archives: October 2020

Hapag-Lloyd Sees Shipping Demand Recovering

German container shipping firm Hapag-Lloyd is benefitting from a rebound in transport demand but its chief executive warned about the longer-term impact on economic activity from the coronavirus."We see a recovery, which started probably some time in t...
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Greece Puts Largest Shipyard Up for Sale

Greece launched a tender on Friday to sell Hellenic Shipyards SA, the country's biggest shipyard which has been under special administration, the Finance Ministry said.The conservative government has promised to overhaul the loss-making Greek…
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MacGregor Cranes for Asia-built Cargo Ship Quartet

MacGregor has won an order with an unnamed client to deliver cargo handling cranes for four 62,000 dwt general cargo ships to be built in Asia. The company, part of Cargotec, said Friday the order was booked into Cargotec's third quarter 2020 order int...
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DNV GL’s Veracity Partners with Høglund

Høglund Marine Solutions and Veracity by DNV GL have signed a collaboration agreement to explore how the combined strengths of Høglund’s onboard integration and data capture capabilities, and Veracity’s platform architecture and eco-system can…
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Ukraine Secures $1.6 Bln from UK to Build Military Ships

Ukraine will sign a memorandum with the United Kingdom, securing 1.25 billion pounds ($1.61 billion) to build new military vessels for the Ukrainian Navy, President Volodymyr Zelenskiy said on Wednesday.The memorandum would be signed during Zelenskiy’s...
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US Navy’s New Frigates Named the Constellation Class

The name of the first ship in the U.S. Navy's new guided missile frigate (FFG(X)) class will be USS Constellation (FFG 62), Secretary of the Navy Kenneth J. Braithwaite announced Wednesday while aboard the museum ship Constellation in Baltimore.The war...
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