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J. Lauritzen completes refinancing and begins new era with Lauritzen Bulkers and Lauritzen Kosan as individual entities.
The Capesize market continues to go from strength to strength, as rates reach highs not seen since September last year...
Recent signs have tended to confirm expectations of reduced import demand for many commodities this year.
Inchcape Shipping Services (ISS) CEO Frank Olsen opens up on the challenges of COVID-19, the benefits of a global network, and a fundamental shift in the established ships agency marketplace. Change, he says, is coming.
As the halfway mark of 2020 arrives, the capesize market is making new highs for the year. From persistent lows earlier caused by a barrage of negative factors...
The coal sea port of Shakhtersk (CSPS), a key logistics asset of East Mining Company (EMCO) in Russia, shipped 2.2 million t of coal between January and May 2020...
The impact of Covid-19 on Indian power demand and industrial output, and coal-to-gas fuel switching in Europe has driven seaborne thermal coal trade lower in 2020.
UK government and UN commit to protect seafarers and help stabilise global shipping market.
Despite a universal campaign from all sectors of the shipping industry to classify seafarers as key workers, and to facilitate crew transfers, many governments are still dragging their heels, says INTERCARGO
FASTWATER project launched to demonstrate the feasibility of retrofit and newbuild vessels to operate on methanol as a pathway to fossil-free shipping.
MacGregor, part of Cargotec, has secured an order to provide cargo handling cranes for four 62,000 dwt general cargo ships to be built in Asia.
RightShip has announced support for The Mission to Seafarers, with an unrestricted donation of US$25,000.
Dry bulk shipowners have had solid reasons to smile this week and rightfully so, says EastGate Shipping Inc.
The Port of Ipswich has reached a milestone of 400 000 t of cargo handled on behalf of Suffolk businesses since the beginning of the COVID-19 lockdown on 23 March 2020.
The Capesize market trajectory this week has been one of the steepest rallies the sector has experienced. Opening at $12,410, the sector had almost doubled to $25,511 by the end of the week as the Atlantic basin surged into life.
The Baltic Exchange’s main sea freight index recorded its biggest ever daily percentage jump on Wednesday, propelled by surging capesize rates due to a spike in iron-ore shipments.
ABS Chairman, President and Chief Executive Officer Christopher J. Wiernicki explains how the COVID-19 pandemic could change the shipping industry.
Global coal prices collapsed in recent months as the global lockdown took its toll on power demand around the world.
The Capesize market made new highs for the year this week after strong iron ore demand to the far east continued to develop in the market.
Fednav is delighted to have been awarded the Port of Vancouver’s 2019 Blue Circle Award for the EcoAction program, showcasing the company’s continuous efforts in maintaining sustainable and high efficiency stewardship practices.
UNCTAD forecasts 20% drop in 2020