Business

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Diana Shipping Inc., has entered into a time charter contract with Oldendorff Carriers GmbH & Co. KG, Lübeck, Germany. The charter is for one of its Capesize dry bulk vessels, the m/v Sideris GS. The gross charter rate...
In a major development, Maersk, the global logistics company, urged their customers to make full use of their online platforms to stay safe and to do business in this time of coronavirus pandemic, reports ITLN.Maersk Digital Investment Over the last...
CMA CGM launches a unique system to keep the shipping business going Known as the business continuity pack, it helps shippers, clients and customers to control the logistics of their shipments. With this system in place, you can...
The latest prediction by shipping analyst Drewry for multipurpose and heavylift (MPV/HL) shipping is that demand growth for breakbulk and project cargo would be positive but remain weak if the outbreak is contained by 4Q20, reports Shipinsight. The present Multipurpose...
 Sino-Global Signs Share Purchase Agreement to Acquire Majority Stake in Shanghai-based Global Shipping Company Mandarine Ocean Ltd, says a press release published on their website. Share Purchase Agreement  Sino-Global Shipping America, Ltd. (NASDAQ: SINO), a non-asset based global shipping and freight...
Maine Maritime Academy has placed a $300 million order for training vessel. The construction was contracted out to a Philadelphia shipyard. Philly Shipyard Inc. won the multiyear contract to build two training vessels for state maritime schools. The...
According to a TIME Magazine report, the United States’ top infectious disease expert said last Sunday that the economy in parts of the country could have a “rolling reentry” as early as next month, provided health authorities can quickly...
According to a LoadStar article written by Jose Guerrero, Author of the book, 'MARINE CARGO INSURANCE -Adjusting, Claims Administration, History', the reports of hundreds of thousands of containers stranded around the world have begun to flood into the newsdesk,...
 Safety4Sea in an article, reports that China's coastal terminals have turned busy again.   Large vessels, heavy cranes and container trucks have started their operation.  This sounds encouraging for the rest of the world which is battling with coronavirus.  Chinese...
Eco Barcelona with 64,000 gross tonnage was launched at Jinling Shipping. The environmentally-friendly cargo ship was launched using tugs and patrol boats. It is a roll-on, roll-off, type of ferry, designed to carry lorry trailer loads. Each ship...
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