Nine US-listed dry bulk firms lost $11.33bn over the past decade, reports Splash 247.
US-listed dry bulk companies
Alphabulk, part of AXS Marine, launched a withering attack on the poor financial performance of US-listed dry bulk companies over the past decade.
...
The Baltic Briefing has issued the tanker report for the 25th week of this year. The report dated 19th June 2020 provides a valuable insight into this week's tanker market dealings, freight rates, and charter activities.
VLCC
A busier week after...
Ocean carriers are tightening up their credit terms with thousands of smaller NVOCCs .
This is due to mounting fears that many could go bust due to Covid-19.
Since the banning of shipping conferences, when credit indiscipline was...
Carriers urged to follow the digital path created by banks, reports the Maritime CEO issue by Splash.
Simple online experience!
The CEO of the Digital Container Shipping Association (DCSA), Thomas Bagge, shows the path liner shipping is on to make booking...
Cargo from China is accounting for an even greater share of inbound container volumes.
Port of Long Beach handles 312,590 loaded inbound TEU containers up 7.6% year-on-year and up 23.3% from April.
Demand for Chinese goods has also...
In a major development, A.P. Moeller-Maersk (Maersk) has urged governments to “engage in a constructive dialogue” to solve the crew changeover crisis, report the Port Technology.
What is it?
In a statement, Palle Laursen, Chief Technical Officer Fleet Management & Technology,...
Finnish ship design company Deltamarin announced on Tuesday that it has signed a contract with China Merchants Jinling Shipyard (Weihai) Co., Ltd (CMJL) for cooperation on the design of Finnish shipping operator Finnlines' Superstar ro-pax vessel project.
The...
Panama canal reported a 21% drop in crossings amid pandemic with 260 cancellations of crossings, reports APNews.
Slashed economic activity
The coronavirus pandemic has hurt international trade and economic activity around the globe.
The Panama Canal reported a 21% drop in the...
British port authorities have boarded six cruise ships anchored near London and Bristol.
This has raised serious concerns over the welfare of almost 1,500 crew stranded due to COVID-19.
The Astoria has been temporarily detained following reports to...
Mitsui O.S.K. Lines, Ltd. has announced a revision of its consolidated business outlook for fiscal year 2020 (April 1, 2020 to March 31, 2021), reads a press release by the company.
1. Revisions to the consolidated business outlook for FY2020...
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