Celsius Orders Two More LNG Carriers

Celsius Tankers and partners have ordered two additional 180,000-cubic-meter-capacity (CBM) liquefied natural gas (LNG) carriers from south Korean shipbuilder Samsung Heavy Industries (SHI). The two new ships are scheduled to be delivered in 2024...

Ningbo Containerised Freight Index

Weekly composite index covering 20ft, 40ft, and Hi-Cube box rates says an article published in Baltic Exchange. Baltic Exchange publishes the weekly Ningbo Containerised Freight Index, compiled by the Ningbo Shipping Exchange. Route 2021-11-12 2021-11-5 Weekly change (%) Ningbo -...

Israeli Liner Operator To Charter Their Ships From Rivals

Israeli liner operator Zim has confirmed that it will charter two neo-panamax ships from Thai intra-Asia carrier Regional Container Lines, reports The Loadstar. About the charter deal It is rare for liner operators to charter their...

Weekly Tanker Report – Week 45, 2021

The Baltic Exchange has released a report about the dry bulk market for the 45th week of shipping activities of this year. The report dated 12th November highlights the dry bulk market conditions at...

BIMCO COVID-19 Weekly Report

This BIMCO COVID 19 weekly report for the week ending 8 October covers updates from Brazil, Latvia, Oman, Singapore, United Kingdom, the UK P&I Club, and the latest from the International Maritime Organization (IMO). Every...

Teekay LNG Partners Completes Norwegian Bond Offer

Teekay LNG Partners, one of the world’s largest owners of LNG carriers, has priced NOK 1,000 million ($115,194) in new senior unsecured bonds that mature in November 2026 in the Norwegian bond market, says...

Here’s Why You Should Pause Your International Travel Plans

This relative calm, occurring just as the holiday season approaches, means only one thing: an opportunity to leave the United States, to go overseas to that favourite tourist  The lack of a clear...

Falling Freight Rates Doesn’t Mean Easing Issues

All-inclusive container shipping rates held steady in the week to Nov. 12 as carriers were reluctant to offer further discounts as demand remained strong and there were growing concerns about the supply of capacity...

MOL Displays Maritime Career Opportunities To High School Students

MOL welcomes the visit of 21 students from Nishiyamato Gakuen High School on a workplace visit to the head office in Toranomon. The high school arranges to visit companies as part of its...

MPA’s 25th Anniversary Celebrations Named “The Voyage”

Mr S Iswaran, Minister for Transport and Minister-in-charge of Trade Relations, launched the Maritime and Port Authority of Singapore’s (MPA) 25th Anniversary Exhibition. Visitors to the exhibition, named “The Voyage”, can learn more...