Neo-Panamax Container Market Looks Better
8,000 TEU design Neo-panamax vessels Charter rates, saw increases with 12-month charters being contracted at average daily gross rates of $24,000.
The idle...
[Watch] How a Ship Sinks After a Torpedo Attack
A recently published article in the Sofrep deals with breaking of decomissioned ship and making it to sink with a torpedo attack.
Ship breaks and...
36 Bus Long Cargo Ships Arrival in Europe Speaks of Shipping Future
According to an article published in Telegraph UK, the World's largest cargo ship has arrived in Europe.
MSC Gülsün
MSC Gülsün, has docked in Europe after...
Sumec Marine Sets Up Singapore Bulk Operations
Sumec has set up Singapore bulk operation and is set to operate all vessels owned by Sumec Marine.
Sumec is the first oversee subsidiary company for...
Piraeus Port Busy With 11% Increased Repair Activities
Ship repair activity at Piraeus port increased by 11 percent and ships under repair in Ship Repair Zone increased by 7.4 percent compared to...
VIKING Unveils Shipowner Agreement for Efficiency and Cost Reduction!
In the world of global maritime, safety is first and VIKING is a successful operator who continuously maximizes efficiencies and reduces cost without compromising...
MacGregor’s Innovative Ways Made the World’s Largest Cargo System Possible for MSC
In a major development, MacGregor which is part of Cargotec, has announced that they have designed the cargo system for the world’s largest container...
Mandatory Maritime Health Declaration & Crew Temperature Check on Ships!
In a major development, Singapore has issued a maritime health advisory in the wake of the COVID19 pandemic, says a press release published by...
World Container Index 43.5% Up, Says Drewry
World Container Index Up 43.5% Versus Same Week of 2019.
WCI increased by 1.5% to $2,089.41 per 40ft container.
The average composite index...
Oil Tankers Favouring Cape of Good Hope Route To Cut Costs
Supertanker New Vigorous arrived at a port in northern France Cape of Good Hope.
The journey takes almost twice the time as the...
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