Suppressed Charter Rates Shows A Challenging Year For Tanker Markets
2019 is expected to be a challenging year for tanker markets as charter rates remain suppressed and the market fails to see any...
ABB Repeats Ulstein Order for Lindblad Expeditions
In a recent development, ABB has announced that they have secured the order covering power, automation, propulsion, and digital systems for their second ice-going...
Norwegian Tanker Fleet and Their Intensive Cross-Trading Activities
Despite the abundance of crude oil on its doorstep, the Norwegian tanker fleet is mainly engaged in the deep sea, long-haul trades. Norway is...
ZIM Joins Maersk’s Blockchain Solution TradeLens
In a major development, ZIM has announced that they have signed on as a member of TradeLens, the blockchain solution from Maersk and IBM,...
Maersk Helping the World’s Largest Ship Breaking Town To Clean Up
According to an article published in Economist, the World's Largest Shipbreaking town Alang in India is under pressure to clean up and shipping giant...
Vale Dam Accident Causing Capesize Rates To Fall
According to a Platts report, the Capesize market looks to be weak again in Q2 as the Vale dam accident and repairs at key...
ABS and CINS To Develop Recommendations for Dangerous Goods Stowage
ABS has teamed up with industry leaders from the CINS to develop recommendations to help mitigate risks emerging from the stowage of dangerous goods...
Naval Dome Puts Shipping Industry on Red Alert for Cyber-Attack
The maritime sector is being targeted by highly motivated cybercriminals and the shipping industry should be on the highest alert for a cyber-attack.
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Weekly World Business Update – Vale Brucutu Operations, Panama Restrictions
According to an Alibra Shipping article, the shipping industry is affected by certain business and market changes recently which includes situations such as Vale's...
DNV GL Approved INTELLIMAN Ship Software
DNV GL has announced that Samsung Heavy Industries (SHI) INTELLIMAN Ship software complies with the EU-MRV and IMO-DCS regulations, says an article published in...
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