Business

Samskip has appointed Kari-Pekka Laaksonen has its CEO to execute growth plans based on a customer-focused approach. This move is to align logistics services more closely with the business objectives of its client base. Kari-Pekka was the former...

According to an article published in Ship & Bunker, Panama Maritime Authority (AMP) says after a period of relatively subdued bunker sales in Panama, volumes in June hit a 15-month high of 430,583 mt. Turnaround marine fuel sales It is the...

Greek shipping is a major Greek and EU export industry of strategic importance,reports UGS. Global Economy The global economy started in 2018 on a positive note but, as industrial production decelerated, trade slowed and business confidence fell, the momentum lost steam. Global...

Thales organised a round-table event, ‘Charting a course to autonomy - what is the future of the UK maritime industry?’. There, many challenges and future prospects of using AI and autonomous ships were discussed. Ship Technology published an article...

Wilhelmsen Ship Management (WSM) has announced that they have been selected as the technical manager for the Stove Shipping AS (Stove) vessels, Stove Friend and Stove Tide, says an article published in their website. The latest additions The two supramaxes are...

According to an article published in Ship and Bunker, monthly bunker sales in Singapore in July came in at under 4 million metric tonnes (mt), which is where they were a year ago. Bunker sales fall July's sales were 3,878,200...

The annual report of the Union of Greek Shipowners show Greece’s shipping industry accounting for 53 percent of vessels in the European Union despite being one of the smaller countries, and 21 percent worldwide, reports The National Herald. How was...

In a major development, the world’s biggest oil tanker has begun a 12,400-mile voyage to a fuel-storage zone in Asia, the latest movement of a vessel that has intrigued the shipping market and fuel traders for months, reports the...

The Baltic Briefing has issued the tanker report for the 32nd week of this year. The report dated 9th 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 the Seatrade-Maritime News, it has been raining heavily in the Panama Canal watershed recently. Draught for neo-panamax locks increased The incessant raining has lead Canal authorities to reconsider the maximum authorized draught for the vessels...