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ABS Opens Global Sustainability Center in Singapore

The American Bureau of Shipping (ABS) has launched a Global Sustainability Center in Singapore as decarbonising shipping becomes mission critical for the industry classification...

Bulk Report – Week 9, 2019

The Baltic Briefing has released Bulk carrier maritime activity report for the 9th week of this year. The report formulated on 1st March 2019...

Cruise Lines Need To Get Experts Onboard To Combat Diseases!

As always cruise ships are at the centre of global situation again and lawmakers across the globe can't take any action against them. Yes,...

Wallenius Wilhelmsen Withdraws Proposed Dividend for 2019

According to an article published in Reuters, Wallenius Wilhelmsen has taken decisive action in preparation for challenging COVID-19. Key decisions Wallenius Wilhelmsen ASA - proposed...

How Do Multinational Companies Avoid Big-Budget Taxes?

The Biden administration is pushing for agreement on a global minimum tax. The proposal from President Biden and Treasury Secretary Janet Yellen calls...

Boxship Orders Double Amid Buoyant Freight Demand

Healthy bottoms lines and a lack of tonnage to meet strong demand has caused a surge in boxship orders. BIMCO Analyst Peter Sand...

Belships ASA Acquires Supramax Bulk Carrier for $12.0 Million

Belships ASA has agreed to acquire the 55,866 dwt bulk carrier M/V Sephora from Prospero Marine Ltd, a company controlled by Greek shipowner Elias...

Yang Ming Takes Delivery of One More 11,000 teu Boxship

Yang Ming Marine Transport Corp. (Yang Ming) took delivery of one more new 11,000 TEU container vessel, 'YM Tiptop' to further enhance Yang Ming's...

Global Shipping Company Announces Time Charter for Capesize Vessel

Diana Shipping Inc., has entered into a time charter contract with Oldendorff Carriers GmbH & Co. KG, Lübeck, Germany. The charter is for...

IBM, Maersk Sign Up 2 Big Carriers for Shipping Blockchain

In a major development, Shipping blockchain TradeLens, developed by IBM and Maersk, has finally recruited two major marine cargo carriers to the platform after...
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