The Soo Locks reopened to Great Lakes freighter traffic after winter maintenance.
H. Lee White is the first freighter to go through the Poe Lock as the 2020 shipping.
The Soo Locks located in the St. Marys River.
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While much of the world’s output is grinding to a halt because of the coronavirus, China is slowly emerging from its shutdowns.
Employees are returning to work, production lines are starting to roll, even in epicenter of Wuhan.
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Banks face mounting provisions, which could end up biting their capital as businesses and households struggle to repay loans.
EU states have offered some relief measures to businesses such as repayment holidays on loans or state guarantees on...
Euronav NV has entered into an agreement for the acquisition of VLCC.
The acquisition is possible through the resale of one VLCC newbuilding contract.
The ecoVLCC is being acquired for USD 93 million.
It is fitted with Exhaust...
Masirah Flows First Yumna Well Oil into an Aframax Tanker.
Masirah is an 86.37 percent owned subsidiary of Singapore’s Rex International.
Foresight Offshore Drilling and Wings Offshore were awarded contracts for drilling and floating storage.
The Yumna 1...
Posidonia 2020 is postponed due to coronavirus from June to October 2020.
Posidonia is held every two years with the entire shipping industry convening in Athens.
Greece has reported 352 confirmed cases of infections and four fatalities.
The...
Saltwater has been drained from the cargo hold of a grounded vessel.
The salvage and fuel removal operation were launched last week.
The vessel ran aground and developed a list.
Vale SA is conducting bathymetric surveys and assessing...
Online payment company PayCargo has launched a free communication mechanism that allows vendors to share key information with the 20,000-plus payer users in the company’s online system..
The service has been launched to help the freight and shipping...
According to a LoadStar article written by Mike Wackett, HMM is to receive nine ships back that Maersk and MSC sub-chartered March 2017 as part of the carrier’s slot charter agreement with the 2M.
The redelivered tonnage includes three 13,092...
Indonesia revokes rules requiring domestic ships for some exports, as the government foresees that it would be disruptive for exports.
The rules require exporters of coal and palm oil to use domestic shipping companies for shipments.
Indonesian shipping...
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