Maersk Line partners with Portrix Logistic Software to integrate Spot pricing into GPM.
Portrix Logistic Software (PLS) launched GPM in 2010 and top global freight forwarders are utilising the platform.
The spot product is a two-way committed product,...
The Baltic Briefing has released a report about the dry bulk market of the 6th week of shipping activities of this year. The report dated 7th February highlights the plight of the dry bulk market at the on-sight of...
Jaakko Eskola, President & CEO is determined to chart out a routine for the company in 2020.
The company plans to harvest renewable energy for backup power in an environmentally sustainable manner.
It also plans to switch to...
Diana Shipping Inc. Announces the Sale of a Capesize Dry Bulk Vessel, the m/v Norfolk for US$9.35 million.
Also announces a new time charter contract for m/v Maia With Aquavita at charter rate US$11,200 per day.
Time charter...
EU approves joint venture between CMA CGM and CIMC
The Commission was notified about the proposed joint venture on 7 January.
The joint venture will provide storage management, container handling and repair services at the port of Tianjin.The...
the tanker and shipping industry's assets will be stranded if we meet the emission target of the Paris agreement.
the huge decline of coal and oil consumption would cut the world's dry bulk ships by half.
in such...
Earlier it was attributed that a container ship ran into engine trouble due to the new LSFO switch.
The investigation proved that it ran into engine failure and had nothing to do with the new fuel switch.According to...
With availability no longer an issue, ship owners are lamenting the significant rise in operating costs, due to the IMO 2020 rule. The reason being the almost doubling of fuel costs.In its latest weekly report, shipbroker Intermodal said that...
In a major development, INTERCARGO has applauded the recent announcement by the IMO’s Secretary General of his determination to improve the number of accident investigation reports that are submitted to the IMO, reports Safety4Sea.
Intercargo Belled The Risk Alarm
Exactly one...
According to BIMCO general manager, Singapore, human element will be a key factor in constraining how the industry does business in the future, says an article published in their website.
Business not as usual
It is not going to be business-as-usual...
