Dated Brent jumps to nine-month high.
Momentum could be halted by new COVID-19 strain in UK.
North Sea spot market gets more active.
The world's physical oil markets are responding unevenly to the recent rally in crude futures, with...
Ocean Network Express (ONE), in a press relase, reports the signing of Letter of Intent (LoI) with Shoei Kisen Kaisha, Ltd. for the 15-year long-term charter of six new Ultra Large Container Ships (ULCS) with capacity greater than 24,000...
Arklow Arrow takes to the waters during launching of the new 8,500dwt bulker that took place on 18th of December, reports Afloat.
The New Cargo Ship
A new bulk oriented general cargoship for Arklow Shipping took to the water for the first...
Korea Shipbuilding has received a combined 582 billion won (US$529 million) in orders to build several ships.
The company has signed several deals with unidentified shippers in Europe to build seven ships.
The container carriers and LPG ships...
Ninety-five percent of coffee imports in the US and Europe arrive in containers.
The containers are unloaded and returned to port with outbound cargo within 60 days.
Due to the pandemic, the turnaround has increased to 100+ days...
A leading U.S. carrier in the Pacific, today took delivery of Matsonia, the second of two new Kanaloa Class combination container ships built for Matson by General Dynamics NASSCO, says an article published in Matson.
The two are the largest...
Founded in 2010, the Tel Aviv-based company analyzes marine data to help customers understand maritime risk that comes with ship movement, cargo, and other nautical issues at sea, reports NoCamels.
About Windward
Its predictive technology captures, cleans and fuses data from...
Kobe Steel, Ltd. will conduct joint research with Mitsui O.S.K. Lines, Ltd. on a binary cycle power generation system currently under development.
The binary cycle power generation system has been installed on a bulk carrier owned by Shunzan...
CMA CGM, in their website, said they are ramping up the capacity between Asia and Europe in response to unprecedented demand.
Increased tonnage to Asia-Europe market
The French-based CMA CGM Group has accelerated the redeployment of its capacity, increasing tonnage assigned...
Listed leasing arm of Cosco Shipping expects to offload a substantial stake in one of its non-shipping subsidiaries to a state-owned fund for more than $270m.
Cosco Shipping Development says the sale will facilitate its strategic focus to...
