Last week's tanker market report published by the Baltic Exchange on August 28, 2020, shows how the market is faring across various sectors like Suezmax, VLCC, Aframax, etc.
VLCC
The Middle East market softened slightly with rates for 270,000mt AG/China...
Yara Marine Technologies announces its new corporate accelerator program, Yara Marine X.
It is a start-up competition aiming to provide a home for technology and solutions that will contribute to a greener maritime industry.
Yara Marine launches new start-up...
The Turkish shipbuilding industry is strengthening its global market presence by increasing the number of special-purpose projects, says an article published in Daily Sabah.
Presence in global markets
The Turkish shipbuilding industry is strengthening its presence in global markets by increasing...
A new project aims to conduct test operations and measurements for a small-scale ship-based CO2 capture demonstration plant.
The project, which will deploy the demonstration unit on a Kawasaki Kisen Kaisha, Ltd. vessel working in collaboration with Mitsubishi...
UK firm InfraStrata has paid $9.2m to buy Appledore Shipyard.
Appledore Shipyard a niche shipbuilder churning out ships for more than 150 years.
Shipbuilding in the UK has been in decline for generations and many facilities closed.
InfraStrata...
The Baltic Briefing has released a report about the dry bulk market for the 35th week of shipping activities of this year. The report dated 28th August highlights the plight of the dry bulk market at the on-sight of...
ClassNK released its “Guidelines for Digital Smart Ship,” which stipulates the procedures for class notations for ships with advanced digital technology.
The guidelines are part of the society's new initiative, "Innovation Endorsement", aiming to certify innovations utilizing digital...
Singapore’s antitrust watchdog approved the merger of the world’s two largest shipbuilders.
CCCS has concluded the screening process.
The authorities decided to approve the deal without conditions.
The deal will be completed when the world’s two largest shipbuilders...
The below table is the most recent changes in the world fleet every week, with respect to which vessels have been sold for demolition in the last week. Ship & Bunker, with the data from online maritime intelligence and...
COSCO SHIPPING Ports Limited, the world’s leading ports operator, announced interim results of the Company and its subsidiaries for the six months ended 30 June 2020, reports Cosco Shipping in its official website.
COSCO SHIPPING Ports continues to actively...
