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Maersk Tankers Sale Wrapped Up

Danish shipping and energy conglomerate A.P. Møller – Mærsk A/S (APMM) has completed the sale of its tanker business Maersk Tankers A/S to one of its subsidiaries APMH Invest A/S....

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SeaIntel: Capacity Not Shrinking in 4th Quarter?

The fourth quarter of 2017 is currently slated for massive overcapacity, contrary to expectations, as the traditional seasonal culling of capacity has not yet been scheduled, according to data provided by SeaIntel...

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Wärtsilä Acquires Guidance Marine

Finland-based technology group Wärtsilä has acquired Guidance Marine Limited in an effort to strengthen its position in vessel position technology.  Guidance Marine, a privately owned company with offices in the...

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