Higher Fuel Premium Looms As the Market Adapts To IMO 2020
A strict new global environmental standard for shipping fuel is starting to make an impact in corners of the oil market, providing traders with...
China Cooking Up A Storm With North- South Mega Merger Plan
According to a Shanghai Metals Market article, the Chinese god ship is really coming! The merger of the North and the South ship was...
Amidst FAK Rates Increase Hope Carriers Halt Container Erosion Rate
According to a LoadStar article, Asia-North Europe ocean carriers are preparing big increases in FAK rates next month, after squeezing capacity on the route...
MOL, Oshima Wind Challenger Project Gets ClassNK AIP Approval
ClassNK grants AIP for the Wind Challenger Project that Mitsui O.S.K. Lines, Ltd.("MOL") and Oshima Shipbuilding Co., Ltd. are initiating, says a press release...
Imabari Launches K Line’s Bulker ‘Cape Discovery’
According to an article published in Cyprus Shipping News, Japan’s Imabari Shipbuilding has launched the new 200,000 dwt bulk carrier, Cape Discovery, constructed for...
Baltic Index Inches Up on Stronger Capesize Demand
According to an article published in The Financial Post, the Baltic Exchange’s main sea freight index, which tracks rates for ships ferrying dry bulk...
How To Plan for the Unplanable 2020 Scenarios: A BIMCO Insight
Shipowners can take many steps to prepare themselves, the crew and the fleet for 1 January 2020. But not all scenarios can be prepared...
Worse To Come for Panama Canal Boxship Slow Down As Owners Blank Sailings
According to a Loadstar article, the number of containerships transiting the Panama Canal during its fiscal year ending 30 September declined slightly, by 1.1%...
Maersk Sets Another Training Center in India
Maersk, the global shipping company, laid the foundation stone of ‘A.P. Moller – Maersk Centre of Excellence’ facility at Thenpattinam in Tamil Nadu, reports...
Piraeus Container Terminal Emerges As Star Performer for Cosco!
Piraeus container terminal emerged as the star performer for leading ports operators, Cosco.
It is because the Chinese group’s global operation lifted revenue...
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