300 Cubits Trial Shipment Booking Deposit Module Suspended
In a major development, 300cubits has announced that they have decided to suspend the operation of the Booking Deposit Module (“System”) effective on 1...
Weekly Bulk Report – Week 39, 2019
The Baltic Briefing has released a report about the dry bulk market of the 39th week of shipping activities of this year. The report...
MOL Uses AI To Successfully Execute Vessel Allocation Plan
In a major development, TOKYO-Mitsui O.S.K. Lines, Ltd. (MOL; President & CEO: Juinichiro Ikeda) and its group company MOL Information Systems, Ltd. (President: Tsuyoshi...
Platts Launches Weighted Average Capesize TCE Rate
In a major development, S&P Global Platts has announced that they will start publishing a new daily weighted average Capesize time charter equivalent (TCE)...
Eagle Bulk Shipping Inc. Acquires Modern Ultramax
Eagle Bulk Shipping Inc. (EGLE), one of the world’s largest owner-operators within the Supramax / Ultramax segment, has taken delivery of the previously agreed...
Evergreen Places Orders for Ten Mega ULCV’s!
The Taiwanese carrier has placed an order for the 10 mega ULCVs which are to be built at South Korean and Chinese yards...
Study Claims Digital Maritime Spend To Shift Towards Startups
Inmarsat landmark study identifies critical role for maritime startups, reports Splash247.
Digital maritime space opportunities
A new 60-page report issued today looking into maritime startups conducted...
As Poseidon Principles Kick in Ship Lenders Change the Credit System
As investors have started adopting the Poseidon Principles, it's proving difficult for shipowners to understand the new dynamics. Keeping this in mind, the Lloyd's...
Scorpio Bulkers Announces Sale of Its Ultramax Vessels for $37.9 Million
Scorpio Bulkers Inc. has signed an agreement to sell two of its 2014 and 2015 built Ultramax vessels, said a press release published on...
ABB Plans To Build STS Power Solution At South Korean Port
ABB will install Port of Incheon’s first shore-to-ship power solution, enabling passenger vessels to cut emissions, noise, and vibrations at berth.
ABB’s full...
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