Capesize rates whipsaw on tight supply and weather disruptions while China restricts steel output.
Vale reduces capacity guidance, now sees smaller increase next year.
Volatility in dry bulk freight to remain elevated.A recent news report published in the...
SFL Corporation Ltd. announces that it has agreed to sell its seven handysize dry bulk vessels to an Asian based buyer for an aggregate price of approximately $100 million.
Delivery of the vessels is expected to take place...
Kongsberg Digital (KDI) renews the Long Term System Support Program contract with the Evergreen Marine Corporation has been renewed for another 10 years.
The new LTSSP contract commits KDI to upgrading the majority of the K-Sim Bridge consoles...
Allied Market Research published a report, titled, "Inland Vessel Market by Vessel Type (Passenger Vessel and Non-Passenger Vessel), Fuel Type (LNG, Diesel Oil, Heavy Fuel Oil, and Others) and Application (Oil Tankers, Bulk Carriers, General Cargo Ships, Container Ships, and...
Moving freight across land regularly is seeing a tight market nowadays.
The container shipping situation at ports and at sea threatens to send tidal waves through consumer prices.While the historically tight, and expensive, market for moving freight across...
Around one in four tankers are approaching retirement age.
Something that could increase with impending new green regulations from the International Maritime Organization (IMO).A recent news article published in Splash 247 by Sam Chambers states that large swathe...
A powerhouse in global trade, China has more shipping ports at home than any other country.
Key investments add about another 100 ports in at least 60 nations. And Beijing is looking for more.A recent news source published...
The China-ASEAN Meteorological Development Index unveiled its first batch of core results at opening ceremony of the 6th China Meteorological Equipment & Service Exhibition.
The exhibition was held on Saturday in Nanning, capital of Guangxi.The China-ASEAN Meteorological Development...
Ikea’s latest advertisement aims at 'dirty' shipping.
The perception of dirty shipping is probably helping put pressure on the industry to reform its ways more quickly.Shipping gets bad press — often justified — over its pollution and environmental...
Lookout Maritime, a new company formed by ex-RightShip supremo Martin Crawford-Brunt, has formed a strategic partnership.
It is with Hong Kong shipmanagement giant Anglo-Eastern to support shipowners with both the prioritisation and implementation of sustainability initiatives.A recent Splash...
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