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Inmarsat, the world leader in global, mobile satellite communications has won the Safety at Sea Award 2019 for Best Security Product of the Year, says an article published in their website. The panel of judges Inmarsat has won the Safety at...
According to an article published in Freight Investor Services, Baltic Dry Index (BDI) dropped by 7.63% on-day to 1,533 points over weak shipping fundamentals. Decrease in capesize market rates The Capesize market – often see as the bellwether for dry...
In a major development, Maersk has teamed with Trident Maritime Systems to create a 600 kWh container battery that can be placed on a container-hauling ship to provide power, says an article published in New Atlas. The battery is now...
J.P. Morgan Asset Management has joined the shipping community urging shipowners to be in line with the upcoming environmental measures beginning in 2020 and extending to 2050, that aim to reduce shipping emissions, says an article published in Safety4Sea. J.P....
TTG Media published an article sharing its experience of taking a look at Hapag-Lloyd Cruises’ Hanseatic Inspiration, the line’s newly launched bilingual expedition ship. Scheduled expeditions To meet pent-up demand in expedition cruising, there are currently 28 new expedition ships scheduled...
Sendo Liner built by Concordia Damen wins KNVTS Ship of the Year 2019. The vessel was designed by Concordia Damen in close collaboration with its client, and owner of the vessel, Sendo Shipping. Sendo Liner has an optimized...
BLOCKCHAIN, the industry wants trust and transparency in supply chains. That is the simple conclusion as ocean carriers representing almost two thirds of global container freight are set to join the digital platform, TradeLens – a potential game changer...
Ceva says its culture will not change for the worse following its takeover by French shipping line CMA CGM – and, in fact, the company will see improvements, reports the Loadstar. All About Values Managing director Benelux Bart Beeks said the...
According to a Reuters report, the Baltic Exchange’s main sea freight index, which tracks rates for ships ferrying dry bulk commodities, fell for a seventh straight session on Wednesday to its lowest in over four months, hurt by lower...
Ship repairer East Coast Repair and Fabrication, is rebranding as ECR and making moves to expand its capabilities, reports Marine Log. Maintenance of the Navy’s fleet Ship repairer East Coast Repair and Fabrication, which is based in the Hampton Roads area...
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