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Maritime industry professionals remain confident about the year ahead despite wider uncertainty, according to new data published by the British Ports Association yesterday.
The Panama Canal and the Port of Rotterdam signed a Memorandum Understanding (MOU) to promote international trade between Europe and the West Coast of South America.
International accountant and shipping consultant BDO says total annual operating costs in the shipping industry fell by an average of 1.8% in 2018, compared to the 1.3% fall for 2017.
Capesize - Overall it was a negative week for the Capesize market, with many routes losing ground. A limited amount of timecharter appeared, with most activity seemingly centred on voyage basis.
VIKING’s entire LifeCraft™ system has now obtained flag state approval as a novel life-saving appliance to be installed on passenger ships for the utmost safety in evacuation emergencies.
The Baltic Exchange has launched a new assessment to track the cost of operating vessels. Initially covering a range of dry bulk vessels, the service will also be expanded to tankers and other sectors.
“K” Line) is proud to announce the delivery of “CORONA CITRUS,” an 88,000 DWT-type special coal carrier at Marugame Headquarters of Imabari Shipbuilding Co., Ltd. on 11 September 2019.
NORDEN has established a new, dedicated decarbonisation position to drive NORDEN’s decarbonisation efforts and meet the company’s ambitious emission reduction targets.
Capesize -The market reached new heights this week as the 5TC topped $38,014, a level not seen in the sector since 2013.
Capesize - The market continued to firm all week, with the 5TC closing on Friday at $34,583, up $4,146 for the week. This marks a new high for the year and a remarkable lift from the lows of 3 April 2019
ABB enters new market segment with order to install Azipod® electric propulsion on board two dry bulk carriers from Germany’s largest bulk carrier company Oldendorff Carriers.
MacGregor, part of Cargotec, secured a turnkey contract to deliver 4 shipsets of weather deck hydraulic operated folding hatch covers for 8,000 dwt coal carriers.
Similar to other sizes, it was one of the most exciting weeks for the Baltic Supramax Index (BSI), with a surge from all areas.
Search and rescue teams are scouring eastern Indonesia after a bulk carrier carrying nickel ore with 25 people onboard sent a distress signal yesterday.
South Korea ship investment firm Kmarin (Kukje Maritime) has placed orders at two Chinese yards for a further four 325,000 dwt guaibamax bulk carriers...
The country is fully committed to enforcing the International Maritime Organization’s 2020 rule on all Indonesian-flagged vessels both for domestic and foreign shipping...