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 According to an article published in Splash, Cosco Shipping Energy Transportation has approved a proposal for its 51% owned joint venture, Cosco PetroChina Shipping, to join the bidding for four 28,000 dwt product tankers. Vessel specs The vessels are currently listed...
The Baltic Briefing has released a report about the dry bulk market of the 26th week of shipping activities of this year. The report dated 5th July highlights the plight of the dry bulk market at the on-sight of...
In a major development, Hapag-Lloyd and Singapore-based Ocean Network Express (ONE) Pte. Ltd announced that they will join the blockchain-enabled digital shipping platform, TradeLens jointly developed by A.P. Moller - Maersk and IBM, says a press release published in...
Taiwan’s Yang Ming Marine Transport Corp. and China’s Cosco Shipping Holdings Co. are looking for new vessels to meet 2020 sulfur emissions. Apple Inc aims to balance cost-saving efforts amid global trade tensions and growing market for consumer...
Panamax rates rose 3.4% in June, marking their largest increase since March 21st. Supramax rates rose today by 1.3%, which marks their largest increase since April 24th.  June saw Chinese steel prices had fallen to the lowest level...
Protection Vessel International has released the Maritime Security Report for Week 24 of 2019. The report formulated on 3rd July 2019 highlights the various security breaches that have happened over the past week. Brazil: Authorities seize 530 kg of cocaine at...
Hamburg Süd will be expanding and enhancing the services it offers on this core trade beginning in June 2019 in collaboration with Maersk. The service will have maximum flexibility for tailor-made solutions due to the collaboration with giants. They...
In a major development, the Nautical Institute (NI) and the IMO have signed a Memorandum of Understanding (MoU) under which the NI will support the IMO in helping developing countries to meet international maritime standards, says an article published...
Below table is the most recent changes in the world fleet every week, with respect to which vessels have been sold for demolition in the last week. Ship & Bunker, with the data from online maritime intelligence and information...
Hapag-Lloyd has placed a record order for the refrigerated containers known as “reefers”, says a press release published on their website.  Right in time for reefer season? Production of 970 20-foot containers and 12,450 40-foot containers is already scheduled to commence...
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