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PM Lars Løkke Rasmussen is in India this week as part of a Danish business delegation looking to capitalise on thawing relations between Denmark and India, says an article in Cphpost. Maritime Pact Signed India is Denmark’s fourth-largest shipping export market....
Ocean Yield announced the Company’s assent to acquire a modern Suezmax tanker, says an article in SeaNews. What is in the agreement? Ocean Yield on Wednesday announced that the Company has agreed to acquire a modern Suezmax tanker  for a consideration...
Wartsila has brought about considerable change in the shipping industry. Of this the latest in the block is the digitalisation of Ro/Pax Ferry systems, says a reports published in Handy Shipping Guide. What is it? Eniram, a subsidiary company of the...
South Korean shipbuilders anticipating solid demand for LNG vessels this year by more than 10 percent. Demand for LNG carriers on a steady increase in line with a rise in LNG demand, backed by eco-friendly policies in China...
In a major development, Eniram, a Wärtsilä company has announced that they are digitalizing La Méridionale’s fleet of the French ferry operator La Méridionale, reports Sea News. La Méridionale operates from Marseille for more than 80 years and is one...
The Baltic Briefing has published the latest bulk carrier report for the second week of this year. Here are the highlights of the report. Capesize A slow start followed by a busy 24 hours of improving rates and a firming...
In a recent development, Rauna Marine Constructions (RMC) has announced that they have signed a letter of intent with Kvarken Link for a ropax ferry that will run on dual fuel, LNG/biogas/diesel, and batteries, says a report published in Passengership Info. How will...
The coal condition in China has affected the Panamax rates making it visible in the Baltic Index, reports Laurence Walker for the Montel News. How much have the rates fallen? Panamax vessel rates have declined by nearly 12% so far this year, to...
In a major development, Keppel Offshore & Marine has announced that they are about to start work on a combined S$300M (US$220M) in new projects, including one to design and construct an ice-class LNG bunker vessel, says a report published in...
The Baltic Briefing's weekly report is out for the first week of 2019. Here's an insight on that report. Capesize It was an active start to the New Year, with trading from West Australia maintaining momentum during the holiday period....
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