The Rise of E-commerce has changed the way logistics function in the shipping industry. More and more shipping companies are going for supply chain operations. To understand this phenomenon the latest issue of the Ship Technology magazine has an...
The Panama Canal Authority (ACP) recently held a public hearing on proposed toll structure modifications, which are set to be implemented January 1, 2020, reports Feedstuffs.
Final proposal approval
After a careful evaluation and analysis of the comments received, and once...
According to an article published in Freight Investor Services, the freight market rebounded on higher iron ore prices and recovered from Singapore's long holidays and devastating typhoon off China’s coast.
Baltic Dry Index Increases
By Wednesday, the Baltic Dry Index...
The world’s largest container shipping company AP Moller-Maersk has overcome worries about fallout from the US-China trade war to deliver better than expected profits but says it is planning for a sustained global slowdown, reports the Financial Times.
Navigating Through...
The Baltic Briefing has issued the tanker report for the 33rd week of this year. The report dated 16th August 2019 provides a valuable insight into this week's tanker market dealings, freight rates, and charter activities.
VLCC
Middle East Gulf rates...
According to an article published in Telegraph UK, the World's largest cargo ship has arrived in Europe.
MSC Gülsün
MSC Gülsün, has docked in Europe after its first voyage from northern China set a record for container ships.
The 400 meters (1,312ft)...
Fitch Ratings for the fourth consecutive year, has affirmed the Panama Canal’s ‘A’ investment grade rating with a stable outlook for its long-term issuer default rating and its senior unsecured notes, says a press release published in Canal De...
In a major development, Shanghai municipal government has announced that they have plans to promote rail-sea transport to optimise local multi-modal transportation in the city, reports AL Sinbad Navigation.
What is it?
It is aiming for a 10% annual average...
In recent years there has been a growing need to better understand activity in the ship repair and refurbishment sector. A recent analysis published in Shipping Intelligence Network, discuss the reasons behind this interest and present some highlights from...
Diana Shipping has entered into a time charter contract with Cargill International S.A., Geneva, for one of its Kamsarmax dry bulk vessels, the m/v Myrto.
The gross charter rate is US$14,000 per day, minus a 4.75% commission paid...
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