COLUMN | Drip, drip, drip: Marinakis orders eight PSVs; DSOC jackup moves; Paratus and Northern Ocean raise capital [Offshore Accounts]

There was only one story in offshore this week, the news that Greek shipowner Evangelos Marinakis has doubled down on this bet on the platform supply vessel (PSV) market by making the single biggest order in the entire segment in the last decade. His Capital Offshore has placed an order for four firm diesel-electric, DP2, […]

The post COLUMN | Drip, drip, drip: Marinakis orders eight PSVs; DSOC jackup moves; Paratus and Northern Ocean raise capital [Offshore Accounts] appeared first on Baird...

https://www.bairdmaritime.com/offshore/column-drip-drip-drip-marinakis-orders-eight-psvs-dsoc-jackup-moves-paratus-and-northern-ocean-raise-capital-offshore-accounts/

New shipping routes highlight growing Asia-to-Mexico trade

A new sea route from Cosco Shipping Lines became operational on Monday, as several global ocean carriers have initiated services targeting Asia-to-Mexico trade.

In addition to Cosco, global ocean carriers Mediterranean Shipping Co. and CMA CGM have launched services to tap into soaring container volumes and growing investment in Mexico by Chinese companies.

Cosco Shipping Lines and its subsidiary OOCL’s new Transpacific Latin Pacific 5 (TLP5) line offer direct connections between China, South...

https://www.freightwaves.com/news/new-shipping-routes-highlight-growing-asia-to-mexico-trade

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