FSL Trust Crude Oil Tanker Sold for US $24 Million?
First Ship Lease Trust sells crude oil tanker FSL Shanghai, receiving the initial 10% deposit in escrow.
The disposal is scheduled to take...
Coronavirus Outbreak Impact! Maersk Warns of Really Weak Earnings This Year!
$61m loss in Q4 dragged Maersk to an overall net loss of $44m last year and expects a 'really weak' Q1 20.
Revenue...
Maersk CEO Forecasts Strong Market Rebound As Coronavirus Outbreak Peaks!
In a major development, Maersk CEO has forecasted a massive rebound in the next 2 months as the coronavirus outbreak peaks, reports Safety4Sea.
The company...
IMO 2020 Pricing Strategy Proves To Be Confusing for Shippers
An eco ship is a vessel is designed for enhanced fuel efficiency.
An eco ship has a higher TCE than a non-eco ship...
Performance Shipping Inc. Post-Panamax Container Vessel Sale Deal Signed
Performance Shipping Inc. Sale deal of a Post-Panamax Container Vessel signed.
The company signed a MoA to sell to an unaffiliated third party...
Baltic Index Inches Up by 2 Points on High Panamax Rates
Baltic index rose for the eighth straight session to 508 points.
The capesize index fell 39 points to -278 points.
The panamax index...
Can Carriers’ Blockchain Promises Be Trusted, Asks Forwarders
The LoadStar's Alessandro Pasetti had the opportunity to talk to veteran freight forwarder Steve Walker , regarding supply chain players.They began where they left...
Capesize Market on a Decline Due To Rio Carnival
According to an article published in FIS, capesize paper market continued its positive run on Thursday, amid limited physical market activity.
Key drivers
The main...
Malta: The Future of Ship Management
Stephan Piazza highlighted the Maltese shipping cluster and challenges the country is ready to take on in order to sustain its growth.
Malta...
ClassNK Opts Wind Propulsion To Achieve Decarbonisation
ClassNK joins the International Windship Association.
ClassNK is the second classification society to become a member of IWSA joining Bureau Veritas.
ClassNK has...
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