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Hapag-Lloyd To Expand Fleet With 10 New Boxships

Germany’s Hapag-Lloyd, the world’s fifth-largest container shipping company, is currently in discussions with companies to purchase ten 13, 000 TEU vessels, reports Marine Monks. The...

GasLog Partners Inks Another Charter Deal With TotalEnergies

GasLog Partners has signed a time charter agreement with TotalEnergies. This deal extends the charter for ship GasLog Seattle to TotalEnergies.  GasLog’s New York-listed...

EU Plans Reforming Its Economy To Reach Net Zero Emissions By 2050

Brussels has laid out the path to the EU becoming the world’s first economic bloc to hit net zero greenhouse gas emissions by 2050...

BSIC Contracts For 2+2 210,000DWT Bulk Carriers Project

China Shipbuilding Trading undertook a new project to build 2+2 210,000DWT bulk carriers. It is done for a well-known European ship owner, jointly...

Maersk Launches New Intermodal Weekly Service In Bulgaria

Maersk plumps for rail transportation in Bulgaria. A.P. Moller - Maersk offers cargo block train services in both directions -import and export- from...

TORM Announces Its Share Capital Increase

With reference to Company Announcement no. 03 dated 01 March 2021 regarding the acquisition of eight 2007-2012 built MR product tanker vessels from Team...

Crude Oil Tanker Sold for US$17m As Part Of Admiralty Action

Crude oil tanker Ocean Pegasus has been sold for USD 17 million as part of admiralty action from the Hamburg Commercial bank, reports Manifold...

Safe Bulkers Signs Deal for Three Kamsarmax Dry-bulk Trio

The Safe Bulkers, Inc. has entered into agreements for the acquisition of three Japanese dry-bulk 82,000 dwt, Kamsarmax class vessels at attractive prices, reads...

Greater KL Assured To Support Freight Industry Amid Pandemic

The global pandemic, which began in early 2020, has changed the world in many ways. One notable difference is a far greater reliance on...

Is Location Still Important in Shipping?

An article in Baltic Exchange talks about the necessity of location in shipping. Confluence of trade, people and ideas For centuries the great port cities analysed...
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