Weekly Maritime Security Report – Week 23, 2019
Protection Vessel International has released the Maritime Security Report for Week 23 of 2019. The report formulated on 25th June 2019 highlights the various security...
Japanese Pilots Awards Two NYK Ships With ‘Best Quality Ship Award’
The wood-chip carrier Forestal Reina and the methanol tanker Kohzan Maru III, both NYK-operated vessels managed by NYK Group companies, have been awarded the...
Diana Shipping Announces Sale of Panamax Vessel m/v Thetis
Diana Shipping Inc. announced that it has signed, through a separate wholly-owned subsidiary, a Memorandum of Agreement to sell “Thetis”, for a sale price...
Inmarsat and Hyundai Sign Agreement To Fast-Track Maritime Digitization
Inmarsat has finalized a business agreement with Hyundai Global Service for maritime digitalization.
The move is expected to pave way for cooperation that will include...
Maersk’s Biofuel Trial Launch With H&M Group
H&M takes part in the pilot of a new carbon neutral ocean fuel product to make a greener commercial transport.
The biofuel is...
Maersk Simplifies Buying by Introducing an Online Platform ‘Maersk Spot’
In a recent development, Maersk has announced that they have expanded their product offering with Maersk Spot, says a press release published on their...
MOL Seals Hong Kong FSRU Contract
Japan’s Mitsui OSK Lines (MOL) has signed a long-term charter contract with Hong Kong LNG Terminal, reports Splash247.
What is in the contract?
The long-term contract...
Panama Canal Toll Plan To Effect Shipping, Rail and Trucking
ACP revises Panama Canal transit tolls for the second time after expansion, increasing the perks for container ships and hike prices for other...
Weekly Tanker Report – Week 25, 2019
The Baltic Briefing has issued the tanker report for the 25th week of this year. The report dated 21st June 2019 provides a valuable insight into...
Bigger the Box Ships, Bigger the Insurance Risks
Insurance industry having concerns about the size of the vessels say bigger vessels means a potential loss of about $4bn.
Fires and explosions...