Dubai Occupies Fifth Position in Key Shipping Index
Singapore tops the list for 2019, with Hong Kong second and London third and Shanghai fourth.
Dubai came in the fifth position in...
Hapag-Lloyd Pretty Strong in 2019 First Half
Hapag-Lloyd produced a net profit of $56m in the second quarter, resulting in a half-year result of $165m, a turnaround from the $122m loss...
North Europe Shippers Face New Capacity Crunch, as More Loops are Axed
In a major development, CMA CGM has announced that they have advised their customers that they will void their North Europe to Asia FAL...
Weekly Maritime Security Report – Week 29, 2019
Protection Vessels International has released the 29th Weekly Maritime Security Report of 2019. The report summarized on 7th August 2019 highlights the various incidents...
Maersk’s First Ocean-Rail Service from Asia To Europe
On 7th August 2019, Maersk’s new AE19 service arrived at the port of Gdansk, carrying cargo which had been loaded in Asia less than...
Angelakos Registers All Eight Newbuilds Under the Cyprus Flag
Greek shipowner and operator Angelakos has registered all eight newbuild cargo vessels under the Cyprus flag.
The new 82,000 DWT cargo vessel was...
Hapag-Lloyd and Others To Fine $15,000 Per Box for Misdeclared Hazardous Cargo!
The Yantian Express fire has prompted Hapag Lloyd to levy a penalty charge of $15,000 on any shipper who misdeclares dangerous cargoes loaded...
GC Rieber Inks Ship Management Agreement With Nexans
GC Rieber Shipping (RISH) has agreed with Nexans Skagerrak AS, to enter into a ship management agreement for the cable laying vessel, says an...
Panama Canal Drought Places Restrictions on Ship Cargo
As Central America is facing the worst drought scenario, the canal is forced to place restrictions on the number of cargo ships can...
Weekly Tanker Report – Week 31, 2019
The Baltic Briefing has issued the tanker report for the 31st week of this year. The report dated 2nd August 2019 provides a valuable...