The falling ratio has been attributed to slowing globalization and increasing protectionist measures all over the world.
BIMCO continues to warn that the worsening balance between the supply of ships and the demand will be detrimental to shipowners’...
New cranes will provide the capability to handle close to an additional 500,000 TEUs, reports Me Construction News.
Post Panamax ship-to-shore cranes
Fujairah Terminals has received two new quay cranes at Fujairah Port, as part of an extensive expansion programme.
The Post...
According to an article published in Seeking Alpha, the Baltic Dry Index fell 4.68% to 1,221 points in London on a drop across several different types of rates.
Panamax rates tumble
Panamax rates were down 5.74% and capesize rates fell 5.26%...
CGTN reports the interview by Soren Skou, CEO of Maersk Group, where in he discusses how Maersk transitioned from one used steamship to the presemt logistical empire and how they are coping with China-U.S. trade friction.
Beyond shipping
Maersk is going...
Seven Islands Shipping’s purchasing spree continues with its eleventh purchase in 2019, reports Splash 247.
Vintage Handysize Tanker
India’s fastest growing tanker owner has sealed its ninth vintage handysize tanker deal of the year, paying $6.7m for the 19-year-old 46,000 dwt...
According to an article published in Motoring Research, BMW will expand its commitment to reducing emissions by focusing on transport and logistics.
What is it?
BMW joins Volkswagen in its recent targeting of shipping to cut carbon. Overall, it plans to...
Denmark is the world’s sixth largest nation in terms of operated tonnage.
Thirteenth largest when measured by vessels registered to operate under its flag.
Denmark continues attract shipowners and operators keen to avail themselves of Danish expertise.
Danish...
Nike has become the latest big name to team up with the Ocean Conservancy to launch the Arctic Shipping Corporate Pledge, reports Splash 247.
Arctic Shipping Corporate Pledge
Major brands are increasingly dictating how shipping operates. Whether it’s demands for greener...
According to Indian Transport & Logistics News, OceanPro, the start-up accelerator of Maersk for shipping the logistics industry, announced the graduation of its second cohort of Indian start-ups showcasing the artificial intelligence (AI) and machine learning (ML) led solutions...
According to a Splash 247 report, Mediterranean Shipping Company (MSC) has defended its carbon footprint, having been labelled Europe’s eighth largest polluter in an NGO report earlier this week.
MSC Environmentally Efficient?
MSC issued plenty of data to show how its...
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