X-press Pearl parties ordered to pay $1bn damages
In May 2021, cargo ship X-press Pearl carrying chemicals caught fire off the coast of ...
Ocean carriers received another 200,000 teu of newbuild tonnage last month, following a record 300,000 teu delivered in June, exerting pressure on fleet managers to find continuing employment for their existing vessels in the midst of a down cycle.
Moreover, the July arrivals included three 24,000 ...
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