Categories
Maritime, Commercial & Defence

Report warns of ‘a year of shipping supply chain disruption’

The collapse of the Francis Scott Key Bridge in Baltimore has caused supply chain disruption on the US East Coast, but so far, it has not seen an increase in ocean freight container shipping rates, according to analysts. Data released on 8 April 2024 by Xeneta, the ocean freight rate benchmarking and intelligence platform, reveals […]

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Leisure Marine

Industry spotlight: will the marine industry weather the economic storms?

Following worrying times for marine firms during the covid lockdowns, many companies now have order books that stretch well into the future, even if supply chain issues continue to be a headache. Yet those who have been in the industry a long time know just how important planning for a downturn is for long-term success.  […]

Categories
Maritime, Commercial & Defence

Babcock awarded £50m equipment contract by MoD

Aerospace and defence company, Babcock International, has secured a seven-year contract with the Ministry of Defence worth circa £50m for the repair and maintenance of sea water systems on HM ships and submarines. This new arrangement leads on from Babcock’s previous programmes, and will operate from Devonport Royal Dockyard in Plymouth. It’ll see Babcock continue in […]