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Smaller geared dry bulk vessels are rejoicing, as Chinese iron ore imports reach peak levels. Minor bulks are set to provide new demand growth. The levels that iron ore has provided over the last couple of decades, with...
KLine will continue to promote the creation of new values by combining its own knowledge on shipping cultivated for the past 100 years. It has signed to share with new experience and knowledge of Hiroshima University, MPAT, and...
According to an article published in Offshore Engineering, Ballast water treatment (BWT) specialist Optimarin said that the recovery of the offshore shipping segment is playing a key role in driving its revenues to new heights. Fleet agreements The Stavanger, Norway-based business,...
In a recent development, Essar Shipping Ltd. said it was fully prepared to meet the International Maritime Organization’s (IMO) deadline for reducing sulphur content in fuel, reports The Hindu.  Complying To IMO 2020 Norms The IMO has mandated that starting January...
The Baltic Briefing has released a report about the dry bulk market of the 40th week of shipping activities of this year. The report dated 4th October highlights the plight of the dry bulk market at the on-sight of...
  Sembcorp Marine (SembMarine) has won six new projects valued at a total of $400 million to provide engineering solutions for offshore gas and wind farm developments as well as cruise ship upgrades, reports The StraitsTimes. SembMarine Contracts  With the latest contracts,...
According to a LoadStar article written by Alessandro Pasetti, CMA CGM's liquidity profile one of the most financially strained majors in the container shipping industry shows how  an aggressive, opportunistic corporate strategy aimed at vertical integration of logistics services...
One Sea, the industry alliance has appointed Riku-Pekka Hägg as Chairman of its Management Board, says an article published in their website. Hägg’s role One Sea, the industry alliance  whose primary aim is to lead the way towards an operating autonomous...
Compressor manufacturer Bitzer has signed an initial five-year agreement with German shipbuilder Fassmer to develop CO2 refrigeration for ships, says an article published in Cooling Post.  What is in the agreement? With a focus on both shipbuilding and refrigeration technology, the...
The International Energy Agency (IEA) disclosed that it had changed its view on IMO 2020 fallout and now believes that the IMO 2020 implementation could well be much smoother than expected, reports American Shipper. Diesel prices spark  The disaster scenario for...
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