According to an article published in Reuters, the Baltic Exchange’s main sea freight index declined to its lowest in nine months this week, weighed down by shrinking demand across all vessel categories.
Key highlights
The Baltic index, which tracks rates...
One Sea, the industry alliance which aims to lead the way towards an operating autonomous maritime ecosystem by 2025, has appointed Capt Eero Lehtovaara as its new Chairman, says a press release published on their website.
Eero all set to...
According to Reuters, the tighten rules on ship's sulphur emissions set by IMO from 1st January 2020, burden the profit outlook for Germany's container shipping line "Hapag-Lloyd" for this year, after its successful year of 2019, says an article...
Norden has sold 1 Handysize tanker, which was delivered to her new owners in late November 2019, says a press release published on their website.
Purchase of MR tankers
On the back of this sale, the company purchased 2 MR tankers,...
The Baltic Briefing has released a report about the dry bulk market of the 2nd week of shipping activities of this year. The report dated 10th January highlights the plight of the dry bulk market at the on-sight of...
According to an article published in Splash247 news, Japanese owner Fukujin Kisen has entered into shipbuilding contracts with Nantong Cosco KHI Ship Engineering (NACKS) for the construction of two kamsarmax bulk carriers.
Scheduled for delivery
Allied Shipbroking reported that the two...
According to an article published in The Wall Street Journal, tanker operators don’t expect their ships to be targeted in the near term amid the growing tensions between the U.S. and Iran as daily freight and insurance rates hold...
According to a New York Times report, even as the United States and Iran appear to signal a keenness to avoid further conflict, oil and gas shipowners are bracing to pay a price for the war of words that culminated...
According to an article published in Seeking Alpha, Diana Shipping Inc., a global shipping company specializing in the ownership of dry bulk vessels announced that, through a separate wholly-owned subsidiary, it has entered into a time charter contract.
Gross charter...
M/MARITIME takes delivery of second Japan Marine United built Kamsarmax vessel, M/V NEFELI.GR, says an article published on their website.
About the vessel
On the 10th December 2019, M/MARITIME took delivery of the M/V NEFELI.GR.
It is a 81,056 dwt...
