President Donald Trump issued an Executive Order on Hong Kong Normalization which led to the recategorization of ‘Made in Hong Kong’ goods to ‘Made in China’ goods.
Exports of goods from Hong Kong, excluding re-exports, accounted for just...
Baltic Exchange publishes the weekly Ningbo Containerised Freight Index, compiled by the Ningbo Shipping Exchange.
The index is reported every Friday (except Chinese holidays) at 1600 (Beijing).
Weekly composite index covering 20ft, 40ft and Hi Cube box rates by Ningbo Shipping...
The Baltic Briefing has released a report about the dry bulk market for the 38th week of shipping activities of this year. The report dated 18th September highlights the plight of the dry bulk market at the on-sight of...
In an article published in the Maritime Executive, Luke Robert postulates and elaborates on the profit making strategy undertaken by the largest container liners plying the waters.
Let's take a look how these shipping lines manage profitability.
Turning Around the Losses
Up...
Euroseas Ltd extends the time charter contract of its container vessel, C/V “Akinada Bridge”.
The new rate is expected to be in motion on October 30th, 2020.
In addition, the company signed an agreement to sell its other...
The Baltic Briefing has issued the tanker report for the 38th week of this year. The report dated 18th September 2020 provides a valuable insight into this week’s tanker market dealings, freight rates, and charter activities.
VLCC
Another lacklustre week has...
An article published by The World Economic Forum talks about the subject of a new book by Klaus Schwab, Founder and Executive Chairman of the World Economic Forum, and Thierry Malleret, Co-Founder of Monthly Barometer.
As business leaders and policymakers...
Ocean research non-profit ProMare and IBM (NYSE:IBM) have announced the completion and launch of the Mayflower Autonomous Ship (MAS) – an AI and solar powered marine research vessel which will traverse oceans gathering vital environmental data, says an article...
The last few years saw the International Maritime Organization (IMO) set goals and regulations to reduce emissions.
In January of this year, the IMO’s cap on sulfur used for marine fuels came into effect.
This regulation, as well...
Diana Shipping Inc. announces the sale of a panamax dry bulk evssel, the m/v Coronis, reads a press release by the company.
MoU to sell dry bulker
Diana Shipping Inc. has signed, through a separate wholly-owned subsidiary, a Memorandum of Agreement...
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