Yearly Archives: 2018
Container Rate Development: 2018 Year-to-Date Trans-Pacific
In 2018, the US trades have been primarily dominated by the trade war with China which has increased the rates in a significant manner.
Key...
ClassNK and TÜV Rheinland Sign Partnership Agreement
Class NK and TÜV Rheinland are up for a new partnership after the successful wind turbine certification, and test and product certification stint...
Poseidon Containers to Charter Four CMA CGM Containerships
Poseidon Containers has agreed to charter four 6,927 TEU containerships to CMA CGM for a period of five years
Merger agreement
The Global Ship Lease, Inc.,...
[Watch] Boarding the Largest Cruise Ship in the World!
Watch the video of Boarding the Largest Cruise Ship in the World! - Symphony of the Seas Inaugural Cruise.
Disclaimer: This video is intended for...
There is Such a Thing as an Annual Bulk Wine Conference
World Bulk Wine Exhibition (WBWE) in Netherlands:
Astonishing it may sound, but sources revealed that the World Bulk Wine Exhibition (WBWE) shall be held on...
MPC Commits to Scrubbers! As Charterers Love Scrubber-fitted Vessels
MPC Container Ships ASA is set to purchase 5 scrubbers for their fleet.
Another 50 scrubbers installation will take place in 2019 and...
Cylinder Oil Consumption Monitoring Revealed 4% to 7% Savings
Cylinder oil consumption monitoring is one of the main drivers for fleet performance management. Savings between 4% and 7% are regularly found, in some...
MOL: Safely Visit a Ship Carrying Dangerous Goods with VR
Virtual Visits Now Available on Next-generation VLCC says MOL in its press release. This enables user to Safely Visit a Ship Carrying Dangerous Goods...
Demurrage: Charterers Breached Obligation and Undertaking
Singapore Arbitration 2/18 probably does not develop the law or offer a novel interpretation of common fixture wording. It does, however, illustrate some...
Diana’s New Time Charter Contract With Glencore
Diana Shipping Inc. charters its Kamsarmax vessel for US$13,300 per day.
Charter commenced on 13th November 2018.
Anticipated gross revenue of US$5.44 million.
...