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In a major development, Britain is urging businesses and individuals to prepare for the Dec. 31 end of the Brexit transition period with an information campaign titled: “The UK’s new start: let’s get going.”, reports Reuters The announcement comes at...
The Baltic Briefing has issued the tanker report for the 28th week of this year. The report dated 10th July 2020 provides a valuable insight into this week's tanker market dealings, freight rates, and charter activities. VLCC Rates were firm this...
World equity benchmarks reversed course after hitting a five-month peak. MSCI’s gauge of stocks across the globe briefly touched its highest level since February before ending down 0.29%. Dow Jones Industrial Average rose 10.5 points, or 0.04%, to...
Oil merchant Torben Østergaard-Nielsen now assigns 66 percent of his life work, A / S United Shipping & Trading Company, to his two daughters, Nina Østergaard Borris and Mia Østergaard Nielsen. The two women, both under 40, thus...
One of the world’s largest freight carriers wants to use an enterprise blockchain from the Alibaba Group to cut costs, reports Coindesk. Ant Blockchain trial Shanghai-based Cosco Shipping confirmed earlier this week it would trial Ant Blockchain, a product of Alibaba...
MSC is highly concerned by the misleading interpretation of data presented by Transport & Environment in relation to MSC carbon emissions reported under the EU MRV scheme. The ratio of carbon emissions per ton of cargo MSC moves...
Spot rates in the trans-Pacific ocean trade continue to reach epic new heights, leading to talk of price gouging, writes Freight Waves Senior Editor, Greg Miller in an article published on their website Blank Sailing Strategy Paying Off? “Container lines have done...
The Danish shipping and shipping industry is ready with 21 new proposals that will help meet Denmark's ambitious climate goal. They contain ambitions that will have far-reaching consequences and mean major changes in the industry, writes Lasse Friis in an...
    d'AMICO International Shipping S.A. announces the sale of two of its oldest MR vessels, generating net cash of approximately US$ 16.3 Million, says a press release published on their website. What is in the Memorandum of Agreement? International marine transportation company...
ClassNK has released amendments to its Rules and Guidance. It is for the Survey and Construction of Steel Ships issued on 30 June 2020. It is revising its Rules and Guidance to make them more rational and transparent. ...

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