Mercator Ltd. Sells VLCC for 27.5 Million USD
According to a letter issued on 30th April, 2019, the company Mercator Ltd. has announced plans to sell their vessels as a part of...
Seabourn’s Ultra-Luxury Expedition Ships To Be Powered by ABB Propulsion
In a recent development ABB has announced that they have won a contract to supply their power and propulsion technology for Seabourn’s two expedition...
Weekly Bulk Report – Week 17, 2019
The Baltic Briefing has released Bulk carrier maritime activity report for the 17th week of this year. The report formulated on 26th April 2019 highlights...
New Start for Wallem As CEO Sets Out Strategy for Change
In a major development, Wallem has updated their corporate identity to mark the beginning of a profound shift in their service offering that will...
Cargo Liquefaction and Failure Behind Most Bulk Casualties: Intercargo
According to an Intercargo report, the loss of life arising from bulk casualties, that occurred over the past ten years, was mostly caused by...
Freight Rates Get a Boost from Brucutu Mine Restart
Capesize rates saw an improvement after Vale’s announcement to restart Brucutu mine after it was affected by cyclone Veronica.
Capesize 5-time charter average...
Weekly Tanker Report – Week 17, 2019
The Baltic Briefing has issued the tanker report for the 17th week of this year. The report dated 26th April 2019 provides a valuable insight...
The Piraeus Port Miracle and The Way Forward
A few weeks ago, one of the world's largest container ships with a capacity of 20,000 TEUs, COSCO Shipping Pisces, approached Piraeus.
George N....
ShipTek 2019 – 10th Edition Marine, Offshore and Oil & Gas Conference and Awards
ShipTek 2019 – An International Conference on Marine, Offshore and Oil & Gas Industry celebrates its 10thEdition in Dubai.
One of the leading Marine Industry...
K Line Slumps To $1bn Annual Loss
Hit by losses from cancelled containership and bulk carrier charter contracts K Line reported a massive JPY111.1bn ($1bn) loss for FY18, end 31 March...
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