The SF Gate has released the details of the ships that are due to arrive and depart in various ports located all over the World. The details of the vessel have been published along with the respective ports for...
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 shipping business.
Aimed to cooperate with shipowners from overseas to order the new building in...
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 sinks
A decomissioned ship breaks apart and sinks following a torpedo attack from the Type 214HN submarine...
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 ship in close collaboration with MSC from an early stage of the project. reports Riviera...
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 container fleet was estimated to represent approximately 3.2% of the current worldwide fleet, a slight...
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 of the WCI assessed by Drewry for year-to-date is $302 higher than the five-year average...
According to a BBC report, The coronavirus outbreak has left business around the world counting the costs as it spread from China to every possible country in the world, making 2020 a disastrous year in just 3 months.
Today, we...
In the world of global maritime, safety is first and VIKING is a successful operator who continuously maximizes efficiencies and reduces cost without compromising performance - even when it comes to safety, says a press release published on their...
According to the press release on Scorpio Tankers website, the company has announced that it has entered into separate, privately negotiated, agreements with certain holders to exchange approximately $62.1 million .
The New Notes
The company ensures that the new notes...
Supertanker New Vigorous arrived at a port in northern France Cape of Good Hope.
The journey takes almost twice the time as the usual route through the Suez Canal.
An increasing number of supertankers are taking the long...
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