X-Press Feeders has begun working on designs for new vessels that will be compliant with the stringent emissions regulations that will come into effect in the future.
Schmulick (Shmuel) Yoskovitz — chief executive of the Singapore-based feeder container giant often referred to under its alter ego, Sea Consortium — told the Marine Money conference in Singapore on Tuesday that operators must order their own ships as most of the traditional tonnage providers of smaller containership are rapidly disappearing.