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The Baltic Briefing has released Bulk carrier maritime activity report for the 22nd week of this year. The report formulated on 31st May 2019 highlights the situation in the bulk carrier market including trading activities, freight rates, and charter rates. Capesize The...
Nam Cheong unit bags $26.3m chartering contracts for three offshore vessels, reports The Straits Times. What is in the contract? Offshore vessel builder Nam Cheong's indirect subsidiary SKOSV SDN BHD has won long-term chartering contracts for three offshore support vessels (OSV)....
In a major development, A.P. Moller - Maersk has announced that they will join Traxens, a smart container solution in order to optimize the supply chain, reports the Business Wire. Media Briefing by Traxens Traxens, a company providing high-value data and...
Star Bulk Carriers Corp., a global shipping company focusing on the transportation of dry bulk cargoes announced that it has entered into an en bloc definitive agreement with entities controlled by Delphin Shipping LLC, says a press release published...
Protection Vessel International has released the Maritime Security Report for Week 19 of 2019. The report formulated on 28th May 2019 highlights the various security breaches that have happened over the past week. Venezuela: Robbers board tanker at Jose port On 26...
In a major development, Shipping blockchain TradeLens, developed by IBM and Maersk, has finally recruited two major marine cargo carriers to the platform after their early marketing efforts floundered, reports the CoinDesk. Who are the new additions? The new additions...
The Panama Canal postpones its sixth draft restriction to June 21 after heavy rainfall, reports Platts. Draft restriction postponed The Panama Canal Authority has postponed its sixth planned draft restriction in the canal for 2019 after heavy rainfall eased water levels...
According to an article published by Yahoo Finance, Diana Shipping Inc., a global shipping company specializing in the ownership of dry bulk vessels. Gross charter rate A separate wholly-owned subsidiary, it has entered into a time charter contract with Uniper Global...
Two new Maid of the Mist passenger vessels will be powered entirely by high-capacity battery packs, becoming the first all-electric vessels ever built in the US. Each of the vessels will be powered by a pair of battery...
Bermudan tanker proprietor and administrator Team Tankers International has submitted four extra ships. This ensures the utilization of the security of the counter barnacle dynamic operator Selektope®. After recognizing the fouling anticipation execution during a 40-month trial of...
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