Baltic Dry Index Climbs to 856, up 50 Points
On February 23 2017, the Baltic Dry Index climbed by 50 points, reaching 856 points.
Baltic Dry Index is compiled by the London-based Baltic Exchange and covers prices for transported cargo such as coal, grain...
Could the Struggling Shipping Industry Create a Banking Crash in Germany?
by Antonia Colibasanu
In geopolitics, events rarely occur in isolation.
Several stories about German exports, banks, and the shipping industry recently appeared in the media. But these stories do not gain their full significance unless taken...
Port of Tauranga on Track for One Million Containers (TEUs)
FINANCIAL RESULTS FOR THE SIX MONTHS TO 31 DECEMBER 2016
Half year net profit rises to $41.9 million from $38.6 million as the country’s premier freight gateway benefits from rising cargo volumes and continues to...
Records Broken Again at Ipswich as Ships Get Bigger and Calls Soar
ABP Ipswich has broken records again as the port welcomed larger vessels and saw a surge in ship calls in 2016.
In total, 743 ships called at the port, up eight percent from 2015 figures....
LNG Approaches 500-ship Milestone
Since the end of last year, nine LNG carrier new buildings have been delivered and five new floating storage and regasification units (FSRUs) have been ordered.
The fifth contracted FSRU, a mammoth, record-breaking 330,000m³ FSRU...
[Watch] Storm Doris Battered a Ship
This amazing footage shows how Storm Doris battered a tug boat sailing on the River Mersey.
The clip shows huge waves crashing over the front of the Millgarth tug as it returned from moving the...
Panama Canal’s Green Ambitions Could be Big Boost for LNG
Panama Canal Authority encouraging environmentally friendly ships
Sulfur oxide and nitrogen oxide targeted
LNG bunkering facilities in region planned
The Panama Canal's drive to go greener may see LNG bunkering emerge as the biggest...
Sunken Cargo Ship Owners Settle 17 Claims in Dispute
The owners of the S.S. El Faro, a cargo ship that sank near the Bahamas during Hurricane Joaquin in 2015, have settled 17 claims brought by a variety of companies and the families of...
Ship Battling on Storm Doris
Ian Webb, an engineer on the ship, posted the video online to show the ferocity of the storm.
The amazing footage shows how Storm Doris battered a tug boat sailing on the River Mersey.
The clip...
ABS to Earn EU MRV Accreditation
International classification society ABS has been awarded accreditation by Greece’s National Accreditation Body to perform assessments for European Union (EU) Monitoring, Reporting and Verification (MRV) compliance concerning ships’ emissions monitoring plan.
The accreditation was awarded...