Drewry Forecasts 973m TEU Global Container Port Volumes by 2023
According to the latest analysis by Drewry, Global container port demand is forecast to rise for the next five years with box throughput reaching...
Trafigura’s Strategy Rips Major Gains As Frontline Buys 10 Suezmax
Trafigura's Infrastructure assets investment strategy received a major boost as Frontline made a $547 million deal for its Seuzmax
The company will also...
Ship Finance (SFL) Surpasses Q2 Earnings Estimates
Ship Finance (SFL) came out with quarterly earnings of $0.24 per share, representing an earnings surprise of 26.32%, reports Yahoo Finance.
Zacks Consensus Estimate surpassed
Ship...
Weekly Maritime Security Report – Week 31, 2019
Protection Vessels International has released the 31st Weekly Maritime Security Report of 2019. The report summarized on 21st August 2019 highlights the various incidents that...
Panama Canal Celebrates 105 Years of Uninterrupted Operation
The Panama Canal marked its 105 years serving world transit and commerce on the same day that Panama celebrated the 500th anniversary of the...
DryShips Inc. Goes Private, Announces Merger With Economou
SPII Holdings Inc, a company controlled by Economou, will acquire the outstanding shares of Nasdaq-listed DryShips following an approved “Plan of Merger”, reports Seatrade...
SHI Signs Smart Ship Technology MoU with MAN
SHI has signed an MoU with Germany-based engine technology developer MAN Energy Solutions for cooperation in developing smart ship technology.
The vessel named...
How Shipping’s Supply Chain Blockchain Systems Are Coping With E-commerce?
The Rise of E-commerce has changed the way logistics function in the shipping industry. More and more shipping companies are going for supply chain...
Panama Canal Gathers Industry Input on Toll Structure Proposal
The Panama Canal Authority (ACP) recently held a public hearing on proposed toll structure modifications, which are set to be implemented January 1, 2020,...
Freight Market Bounces Back After Holidays
According to an article published in Freight Investor Services, the freight market rebounded on higher iron ore prices and recovered from Singapore's long holidays...
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