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Diana Shipping Inc. Inks MoU for Sale and New Time Charter Contract

Diana Shipping Inc. Announces the Sale of a Capesize Dry Bulk Vessel, the m/v Norfolk for US$9.35 million. Also announces a new time...

CMA CGM and CIMC Joint Venture Approved

EU approves joint venture between CMA CGM and CIMC The Commission was notified about the proposed joint venture on 7 January. The joint...

Tankers To the Rescue With Their ‘ Green Potential’!

the tanker and shipping industry's assets will be stranded if we meet the emission target of the Paris agreement. the huge decline of...

Maersk Issues Notice That VLSFO Not The Cause Of Fire!

Earlier it was attributed that a container ship ran into engine trouble due to the new LSFO switch. The investigation proved that it...

Compliant Fuel Price Concern Escalates!

With availability no longer an issue, ship owners are lamenting the significant rise in operating costs, due to the IMO 2020 rule. The reason...

INTERCARGO Backs IMO, Says Investigation Reports Crucial To Prevent Accidents

In a major development, INTERCARGO has applauded the recent announcement by the IMO’s Secretary General of his determination to improve the number of accident...

Human Element Vital To Face Disruption in Industry, Says BIMCO

According to BIMCO general manager, Singapore, human element will be a key factor in constraining how the industry does business in the future, says...

Weekly Maritime Security Report – Week 3, 2020

Protection Vessels International has released the 3rd Weekly Maritime Security Report of 2020. The report summarized on 29th January 2020 highlights the various incidents that...

The Next Decade Pivotal for Shipping, Says Wärtsilä General Manager

Since joining Wärtsilä a year ago as general manager of business intelligence, Andrei Voinigescu has worked to apply his experience with digital platforms and...

‘Sustainable Investments Over Returns’ Says Investors As Shipping Loses Money!

According to an article published in Lloyd's List, the vast funds controlled by institutional investors could easily resolve shipping’s capital crisis, but they are...
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