According to a Saudi State News Agency, SPA report the Saudi Ports Authority has issued a license to the local subsidiary of Maersk to operate in all ports in Saudi Arabia last week, says an article published in Gulf...
The Baltic Briefing has issued the tanker report for the 30th week of this year. The report dated 26th July 2019 provides a valuable insight into this week's tanker market dealings, freight rates, and charter activities.
VLCC
Rates for 270,000mt...
Net income and net loss attributed to common stockholders for the six months ended June 30, 2019.
It amounted to $1.7 million and $1.2 million, respectively, including a $7.5 million impairment loss.
This compares to a net loss...
In a major development, the Hong Kong Seaport Alliance (HKSPA) has welcomed a mega-sized containership OOCL Hong Kong on its maiden call to Hong Kong at the HKSPA’s facilities at Terminal 8 on Thursday, reports Seatrade Maritime News Asia...
The Baltic Briefing has released a report about the dry bulk market of the 30th week of shipping activities of this year. The report dated 26th July highlights the plight of the dry bulk market at the on-sight of...
In a major development, the European Space Agency has announced earlier this month that they have signed a far-reaching Memorandum of Intent involving future collaboration with the coordinators of One Sea, the industry alliance bringing together leading exponents of...
Copenhagen-based bulk carrier operator Baltnav reports that it secured a profitable 2018, which has allowed it to expand globally, reports BMTI.
New office in Brazil
With profitable 2018 Baltnav plans to open a new office in Brazil as well as new...
Protection Vessels International has released the 27th Weekly Maritime Security Report of 2019. The report summarized on 24th July 2019 highlights the various incidents that took place in the past week.
Indonesia: Robbers board tug boat in Singapore Strait
On 15...
S’hail Shipping's vessels MV S’hail al Rayan and MV S’hail al Dukhan were inducted into the Baumarine pool.
Baumarine has a solid global market and builds up knowledge on the complex and dynamic dry bulk industry along with future trends.
...
In a major development, Finland’s Wartsila Oyj (WRT1V.HE) missed second-quarter forecasts last Thursday and warned that it expected demand to weaken for both its marine and energy businesses, sending shares in the engineering firm to a three-year low, reports...