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NTC Orders Smart Systems for 70 Ships

China’s Nanjing Tanker Corporation (NTC) is to equip its fleet with smart shipping communication technology provided by mobile satellite communications provider Inmarsat and Cobham Satcom, communications and internet access provider. The...

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Product tankers’ current state of play

Clean MRs and West LRs product tankers are the main “stars” of the market these past few weeks said shipbroker Intermodal in its latest weekly report. According to Intermodal, “following...

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China: Economy stabilizes in first quarter

China’s economy has stabilized, according to latest growth data for the first quarter, with an official at the National Development and Reform Commission (NDRC) hailing this as an ‘auspicious start’....

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Carnival Sued over Cuba’s Cruise Policy

US-based cruise liner giant Carnival has been hit with a class-action lawsuit for allowing “discriminatory practices” regarding the cruises to Cuba spearheaded by its recently launched social impact brand Fathom. Namely,...

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