China’s Chengxi Shipyard hands over the first of twin self-unloading transshipment newbuilds after both owner and builder highlight successful installation and commissioning for ABB Azipod propulsion, says an article published in their website.
Largest Bulk Carrier
The delivery saw two 1.9-MW...
The Capesize market surged this past week to a three month high, as a stronger outlook for the market took hold, reports Baltic Exchange.
Capesize
The Capesize market surged this past week to a three month high, as a stronger outlook...
Baltic Exchange publishes the weekly Ningbo Containerised Freight Index, compiled by the Ningbo Shipping Exchange.
Weekly composite index covering 20ft, 40ft and Hi Cube box rates by Ningbo Shipping Exchange :
The weekly Ningbo Containerised Freight Index is compiled by the...
Chinese tanker operator Dingheng Shipping has placed an order at Wuhu Shipyard for the construction of six chemical tankers, reports Lloyd's List.
Smart green fleet
The order includes five 6,600 dwt tankers and one 9,000 dwt tanker. All the vessels will...
The assurance and risk management company, DNV GL, has announced name change to DNV from 1 March 2021.
The move comes after a comprehensive review of the company’s strategy as it positions itself for a world in which many of...
China's largest bunkering port of Zhoushan has awarded a bonded bunker supply licence to global trading firm Trafigura, says an article published in argusmedia.
The latest award comes less than a month after Zhoushan issued a licence to PetroChina-Shang Gang, a 50:50...
According to an article published in Irish Times, Stena Line is moving to a larger, newer ship to direct Ireland-France route from the planned route between Britain and Northern Ireland to avoid Brexit checks of businesses.
The Ship Stena Embla
The...
At the end of 2020, there were 944 container ports served by liner shipping services. This is an increase of 13% compared to the 834 ports in the first quarter of 2006. The size of container ships calling in...
Insurers are set to raise the cost of providing cover for merchant ships through the Red Sea after a series of incidents that have hit vessels around Saudi Arabian waters, says an article published in reuters.
Attacks On Commercial Shipping
The...
Shippers face a choice as they plan their freight strategies: the simplicity of a single end-to-end provider or the reduced risk of a diversified carrier network.
Maersk pursues an end-to-end logistics strategy , acquiring customs brokers, investing in...