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A.P. Moller – Maersk Will Join Traxens

In a major development, A.P. Moller - Maersk has announced that they will join Traxens, a smart container solution in order to optimize the...

Star Bulk Carriers to Acquire Eleven Dry Bulk Vessels From Delphin

Star Bulk Carriers Corp., a global shipping company focusing on the transportation of dry bulk cargoes announced that it has entered into an en...

Weekly Maritime Security Report – Week 19, 2019

Protection Vessel International has released the Maritime Security Report for Week 19 of 2019. The report formulated on 28th May 2019 highlights the various security...

IBM, Maersk Sign Up 2 Big Carriers for Shipping Blockchain

In a major development, Shipping blockchain TradeLens, developed by IBM and Maersk, has finally recruited two major marine cargo carriers to the platform after...

Panama Canal Postpones Latest Draft Restriction To June 12

The Panama Canal postpones its sixth draft restriction to June 21 after heavy rainfall, reports Platts. Draft restriction postponed The Panama Canal Authority has postponed its...

Diana Shipping Inc. Announces Time Charter Contract for M/V Leto With Uniper

According to an article published by Yahoo Finance, Diana Shipping Inc., a global shipping company specializing in the ownership of dry bulk vessels. Gross charter...

ABB Powers Tourists to the Niagara Falls with First US Built All-Electric Vessels

Two new Maid of the Mist passenger vessels will be powered entirely by high-capacity battery packs, becoming the first all-electric vessels ever built...

Team Tankers International To Recruit More Ships That Utilizes Skeletope® Hull Coatings

Bermudan tanker proprietor and administrator Team Tankers International has submitted four extra ships. This ensures the utilization of the security of the counter...

Singapore Bunker Premiums Needs a Demand Shake-up To Recover

A shake-up in demand is needed for premiums to recover in the Singapore bunker market, which has seen tepid uptake and ample supply since...

Container Shipping’s Debt Dilemma Exposed

  IFRS 16 rule a significant change from the previous rules IAS 17, requires lessees to capitalise all leases, except for short-term leases and...
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