The Baltic Briefing has released Bulk carrier maritime activity report for the 27th week of this year. The report formulated on 14th June 2019 highlights the situation in the bulk carrier market including trading activities, freight rates, and charter rates.
Capesize
The...
Ahead of last month's, 74th meeting of IMO’s Marine Environment Protection Committee (MEPC 74) there was some excitement over reported plans to set speed limits for ships. It was due to be raised during the meeting in the wake...
Leading Classification Society ClassNK announced the release of its Guidelines for Software Security which target software developers, system integrators, and more, says an article published in Safety4Sea.
Focus on cyber security measures
As part of the ClassNK Cyber Security Series,...
In a major developmet, A.P. Moller - Maersk and Russian Ministry of Transport signed a Memorandum of Understanding on June 5, enabling the launch of TradeLens in Russia, reports the Maritime Executive.
TradeLens in Russian Market
The blockchain enabled platform, jointly...
Front-month Brent crude futures, were at $62.71 at 0630 GMT, 42 cents, or 0.7%, above Friday’s close and U.S. WTI crude futures were at $53.85 per barrel, 59 cents, or 1.1%, above their last settlement, reports Freight Investor Services.
Stalling...
Norwegian chemical tanker company Hansa Tankers continues to expand with the purchase of another chemical tanker Bow Tone, reports Splash 247.
Company’s second acquisition of the year
Norway’s Hansa Tankers has made its second vessel acquisition of the year with the...
According to an article published in PR Newswire, Ocean Yield ASA is pleased to announce that it has taken delivery of a VLCC.
Series of four VLCCs
The vessel Nissos Despotiko was delivered from the yard Hyundai Heavy Industries in South...
According to Data obtained from global insurer Allianz, the number of ships over 100 gross tons* lost at sea during 2018 fell to a record low of 46 vessels, says an article published in the Freight Waves'
That’s a...
IMO 2020 disruptions, delays in shipyards and restocking Chinese iron ore port inventories to create opportunities in late 2019 and early 2020.
Star Bulk plans to secure scrubber installations for 93% of the fleet by the end of...
According to an article published by World News Monitor, South Korea edged China for the first time in three months to recapture the No. 1 spot in global shipbuilding orders.
Top spot in global shipbuilding orders
Based on industry data showed on...
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