Baltic Index Reels Under Low Capesize Rates, Falls for the 8th Straight Session
According to a Reuters report, the Baltic Exchange’s main sea freight index, which tracks rates for ships ferrying dry bulk commodities, stretched its losing...
CMA CGM Faces Loss & Takes Up ‘Market Share Over Profit’
According to an article published in the LoadStar, CMA CGM has incurred a net loss of $109m in the second quarter, taking the French...
Maersk Launches New Customs Navigator for Greater Data Visibility
In a major development, Maersk North America has unveiled Maersk Customs Navigator as it looks to broaden its platform and improve user experience, says...
Venezuela Can’t Find Vessels To Ship Oil As Sanctions Bite
At least one oil cargo was deferred to October on lack of ship and oil exports may fall in September as shipowners retreat.
...
Chennai Port Welcomes Largest Container Ship
The Chennai Port welcomed the largest container vessel MV CMA CGM Rhone to visit India’s south and eastern coast.
The 299.95-m-long vessel has...
OceanPro Programme: Maersk Launches Second Cohort of Startups!
Maersk successfully completed its ‘OceanPro’ Cohort 1 in March this year.
The solutions are co-developed with these startups are now being applied across...
Banks As Financiers Are Evolving Apace With Shipping Going Green
As the International Maritime Organisation impose regulations on harmful gas emissions from ships, banks as the industry's financiers are evolving alongside, reports Arabian Business.
Global...
Weekly Bulk Report – Week 36, 2019
The Baltic Briefing has released a report about the dry bulk market of the 36th week of shipping activities of this year. The report...
MacGregor’s Innovative Ways Made the World’s Largest Cargo System Possible for MSC
In a major development, MacGregor which is part of Cargotec, has announced that they have designed the cargo system for the world’s largest container...
Total Renews VLSFO Commitment To Maintain Clients’ Customized Solutions
In a major development, Total has announced that they want to maintain ‘flexibility’ either sourcing directly from its refineries or blending heavy fuel oil...
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