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The Baltic Briefing has released a report about the dry bulk market of the 50th week of shipping activities of this year. The report dated 13th December highlights the plight of the dry bulk market at the on-sight of...
According to media reports, shipowners have turned their attention to the second-hand market for dry bulk carriers. Busy Dry Bulk Week In its latest weekly report, shipbroker Banchero Costa said that it was “a pretty busy week in the dry bulk...
Philippe Louis-Dreyfus expressed disappointment over IMO’s failure to support the idea at its Intersessional Working Group on Reduction of GHG Emissions. An open letter to the IMO signed by the chief executives of 120 leading shipping companies failed...
The Maritime Standard Awards announced that, for the sixth consecutive year, the patronage of His Highness Sheikh Ahmed bin Saeed Al Maktoum has been bestowed on the event, reports Marasi News. Leading global business leader  The Maritime Standard Awards has announced...
 According to a recent LoadStar article, Seafarer representatives are increasingly worried that the forthcoming IMO 2020 low-sulphur regulations could result in a spate of criminal convictions. Why is it so important? Seafarer union Nautilus International said a recent case involving a...
According to a recent Seatrade Maritime News, China Merchants Energy Shipping (CMES) has signed newbuilding contract with Dalian Shipbuilding Industry Corporation (DSIC) for $331.8m. What is in the contract? CMES has signed newbuilding contract for the construction of four 307,000 dwt...
Performance Shipping Inc., a global shipping company specializing in the ownership of containerships and tanker vessels, today announced that it has agreed to acquire from a related party all of the issued and outstanding shares of an entity, says...
According to an excerpt published in Seatrade-Maritime News, ahead of Marintec China we talk to Östen Lindell, Director, Marine Unit East Asia & China, Wärtsilä Corporation, about what he sees as the top issues facing the industry in 2020...
In the latest October 2016, MEPC 282 reunited and adopted mandatory MARPOL Annex VI requirements for ships to record and report their fuel oil consumption. Guidelines were also defined in terms of what should be the content of the...
Banks still provide more than $40 billion a year to the shipping industry. For companies seeking to raise equity or find other forms of debt, the Norwegian bond market has been reliable but is relatively small. The U.S....
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