Container Shipping Looks Strong in 2021 - BIMCO
In the full year of 2020, global container shipping volumes fell by 1.2% compared with 2019, much less than feared even before the pandemic was first declared, and much recovered compared with the 6.8% drop recorded in the first six months of the year. Volumes in the second half of the year were up 4.2% from 2019. Much of this growth was concentrated on just a few trade lanes, with congestion and imbalances on these spilling out and causing disruption on other trades.BIMCO expects that 2021 will be even better for container shipping than 2020…
Wärtsilä Prop Solutions Help Optimize Yang Ming Lines Slow Steaming Ops
Wärtsilä will supply its Fixed Pitch Propeller (FPP) and EnergoProFin solutions for two container vessels owned by Yang Ming Lines, the Taiwan-based shipping company, to help the container ship operator maximize efficiency in slow steaming mode.The Wärtsilä solution is designed to enable this adjustment, allowing the speed of the two vessels to be reduced from 24 to 18 knots.The two vessels, the ‘YM Mobility’ and the ‘YM Milestone’, are the last in a series of four Yang Ming ships to be retrofitted with the Wärtsilä FPP and EnergoProFin solutions.
