In a major development, Singapore-listed Indonesian shipowner Samudera Shipping has announced that they are selling two supramax bulkers, reports Splash 247.
Sold for $20.25m
The two 2010-built 57,334 dwt sister vessels Sinar Kutai and Sinar Kapuas were sold to two separate...
Propelled by strong demand across capesize and panamax vessel segments, the Baltic Exchange’s main sea freight index climbed to a near two-week high, reports Reuters.
The Baltic index, which tracks rates for ships ferrying dry bulk commodities, gained 90...
According to an article published in MarineLink, the Baltic Exchange's main sea freight index fell to a more than two-week low.
Weaker rates for Panamax vessels
The Baltic index, which tracks rates for ships ferrying dry bulk commodities, fell 0.8%,...
Singapore tops the list for 2019, with Hong Kong second and London third and Shanghai fourth.
Dubai came in the fifth position in the ISCDI for the second consecutive year in the latest survey by Baltic Exchange for...
Hapag-Lloyd produced a net profit of $56m in the second quarter, resulting in a half-year result of $165m, a turnaround from the $122m loss recorded in the same period of 2018, reports The LoadStar.
Decent half-year
Chief executive Rolf Habben Jansen...
In a major development, CMA CGM has announced that they have advised their customers that they will void their North Europe to Asia FAL 1 loop, scheduled to depart from Dunkirk on 21 August, and their FAL 3 loop,...
Protection Vessels International has released the 29th Weekly Maritime Security Report of 2019. The report summarized on 7th August 2019 highlights the various incidents that took place in the past week.
Indonesia: Robbers steal from tug at Batam
On 23 July,...
On 7th August 2019, Maersk’s new AE19 service arrived at the port of Gdansk, carrying cargo which had been loaded in Asia less than two weeks earlier, reports Sea News.
What is so special?
The new AE19 service complements Maersk’s current...
Greek shipowner and operator Angelakos has registered all eight newbuild cargo vessels under the Cyprus flag.
The new 82,000 DWT cargo vessel was christened as Oceania Graeca by the Deputy Minister for Shipping Natasa Pilidou at the Jiangsu...
The Yantian Express fire has prompted Hapag Lloyd to levy a penalty charge of $15,000 on any shipper who misdeclares dangerous cargoes loaded in containers.
According to the Cargo Incident Notification System (CINS), nearly 25% of all serious...
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