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According to a Seatrade Maritime News article, the Panama Canal Authority (ACP) has again postponed a further draught reduction, which would have been the sixth of this year. What is it? The draught re 13.11m (43.0 feet) Tropical Fresh Water (TFW)...
Dubai Maritime Virtual Cluster" platform’s  Knowledge and Research platform influences the maritime services allures visitors to Nor-Shipping 2019. Maritime cluster boasts of a knowledge portal, an innovation centre, R&D and training, and a maritime sector index Contributions of...
The 1990 launched Azipod® electric propulsion has become industry standard for vessel segments, with newer addition covering the power range of 1-22MW. The Azipod® propulsion system is preferred by LNG and Wasaline for their dual-fuel and battery power...
An increasing number of shippers are grappling with overcapacity and weak rates. Only the trans-Atlantic westbound market shines as a bright spot for ocean carriers. The Freightos Baltic Index for all trade lanes hovered at $1,323 per forty-foot equivalent...
The Baltic Briefing has released the tanker report of week 24 of this year, 2019. The report dated 14th June, 2019 clearly articulates the freight rates and the market scenario of this week pertaining to tanker activities. Here's an...
In a major development, ABS today launched their industry-shaping Low Carbon Shipping Outlook to help the maritime sector evaluate potential pathways to low-carbon shipping, says a press release published in the American Bureau of Shipping (ABS) website. What's in it? The...
FFA market affected by meagre shipping activities due to European holidays and by fewer iron ore cargoes coming out of western Australia. The Brazilian miner did not make more July shipment for rates to grow, still  the market...
The International Electrotechnical Commission, IEC, has approved a new work item SECOM Secure Exchange and COMmunication of S-100 based products, says a press release published in STM’s website. What does SECOM mean? SECOM will mean interoperability, since the goal is to...
Nine ships are to participate in a methanol as bunker fuel project which has the backing of the Dutch government, says an article published in Ship & Bunker. Green Maritime Methanol project Green Maritime Methanol is a consortium of Dutch shipping...
In a major development, the Panama Canal published a proposal to modify its current tolls structure. There will be a 30-day formal consultation period for industry feedback until July 15, 2019, reports the Maritime Executive. Matching tolls For the dry bulk...
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