International transport and logistics executives using container shipping are facing the biggest shift in their ocean provider base for 20 years and must adapt their procurement and contract strategy, according to ocean freight procurement consultancy Drewry Supply Chain Advisors. In the last five years, beneficial cargo owners have been able to secure large reductions in […]
GEMAK is on the crest of a wave
Exceeding 2,500 ships either repaired or converted since 1969, Turkey’s Gemak, one of the biggest shipyard groups in Turkey, has secured more than 98 ship repair projects for the first half of 2017 from various ship owners for different vessel types and sizes, the largest portfolio from countries involved being Italy, Netherlands, Germany, Norway, Japan, […]
ABB to power Ritz Carlton Yacht Collection’s first vessel dubbed the ‘anti-cruise ship’
ABB will provide the power and propulsion for the first in a series of ground-breaking vessels that mark Ritz Carlton’s first foray into the maritime sector. The 190-metre long vessel has been dubbed the ‘anti-cruise ship’ because it can accommodate just 298 passengers and is aimed at providing a more bespoke service than larger cruise […]