Korea Develops First Automatic Container Seal Dispenser

After a year and a half of study, HMM PSA New-port Terminal (HPNT) and LeTech, the manufacturer of automatic dispensers, have produced Korea's first automatic container seal dispenser, reports ContainerNews. The seal dispenser automatically closes...

BDI Hits Recent High, Rising for 4 Straight Days

  Analysts have forecast that future available capacity will be constricted, resulting in chartering ships early, raising Capesize freight prices, says an article published in Xinde Marine News. BDI rates hits the record The Baltic Dry Index...

ABS Classes First Windfloat Atlantic Windfarm

Windfloat Atlantic, a subsidiary of Ocean Winds, is continental Europe's first large-scale floating wind farm, located 20 kilometers off the coast of Viana do Castello, Portugal, says an article published in Xinde Marine News. A...

Sail-maker Anemoi Aim for 50 Installations Per Year in 2025

British supplier of rotor sails for commercial vessels, Anemoi Marine Technologies, expects to complete 50 vessel installations a year by 2025, CEO Kim Diederichsen tells Maritime CEO, says an article published on splash website. Rotor...

Shipping Giant Lifts Its Earnings Outlook

Maersk lifted its full-year earnings outlook. Freight rates are high due to chaotic conditions in the global supply chain. Boxship shortages and port logjams combined with high demand pushed freight rates to record...

Ningbo Containerised Freight Index

Baltic Exchange publishes the weekly Ningbo Containerised Freight Index, compiled by the Ningbo Shipping Exchange. Weekly composite index covering 20ft, 40ft, and Hi-Cube box rates by Ningbo Shipping Exchange The weekly Ningbo Containerised Freight Index is compiled by...

Weekly Bulk Report – Week 30, 2021

The Baltic Exchange has released a report about the dry bulk market for the 30th week of shipping activities of this year. The report dated 30th July highlights the dry bulk market conditions at...

Vaccinated Families Reunite After Covid-19 Restrictions Relaxed

People who have been double-jabbed in the EU and the US arriving from countries on the amber list - except France - no longer have to quarantine as per the ease of restrictions made...

[Watch] Holland Shipyards Group Delivers Hybrid Ferry

Ship designer and builder Holland Shipyards Group handed over a newbuild hybrid ferry named Gaarden to Schlepp- und Fährgesellschaft Kiel (SFK) in Germany. The vessel will operate as a cycle- and foot ferry within the...

Weekly Tanker Report – Week 30, 2021

Baltic Exchange has issued the tanker report for the 30th week of this year. The report dated 30th Jul 2021 provides valuable insight into this week’s tanker market dealings, freight rates, and charter activities. VLCC On the...