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Weekly Bulk Report – Week 35, 2020

The Baltic Briefing has released a report about the dry bulk market for the 35th week of shipping activities of this year. The report...

ClassNK Launches ‘Digital Smart Ship’ Guidelines

ClassNK released its “Guidelines for Digital Smart Ship,” which stipulates the procedures for class notations for ships with advanced digital technology. The guidelines...

World’s Largest Shipbuilders Merge

Singapore’s antitrust watchdog approved the merger of the world’s two largest shipbuilders. CCCS has concluded the screening process. The authorities decided to approve...

Weekly Vessel Scrapping Report – Week 34, 2020

The below table is the most recent changes in the world fleet every week, with respect to which vessels have been sold for demolition...

Cosco Shipping Port Declares 2020 Interim Results

COSCO SHIPPING Ports Limited, the world’s leading ports operator, announced interim results of the Company and its subsidiaries for the six months ended 30...

No One Wants To Buy Ships Amidst COVID19 & IMO 2020 Uncertainty

The global shipping industry is in the midst of one of its biggest changes in a generation after the imposition of stricter environmental...

Team Tankers Announces Q2 2020 Results

Team Tankers reported EBITDA for the 2nd quarter of $21.7 million. Net loss in the 2nd quarter of 2020 was $2.4 million. The...

Nisshin Shipping Fixes Clearlake Charters for Its Newbuilds

Nisshin Shipping has fixed charters for two newbuild 50,000 dwt product tankers. The day rate for each vessel will be $15,250. The vessels...

NYK Launches Remote Engine Diagnostics Centre

NYK has opened a remote diagnostics centre in Manila which will use AI systems to continuously monitor the engines of around 200 NYK-operated...

Performance Shipping Inc. US$5.6 million Containership Sale Deal

Performance Shipping Inc. announces the sale and delivery of 2001-built panamax vessel to her new owner, says a press release published on their website. MoA...
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