Weekly Bulk Report – Week 43, 2019

The Baltic Briefing has released a report about the dry bulk market of the 43rd week of shipping activities of this year. The report...

Baltic Index Inches Up on Stronger Capesize Demand

According to an article published in The Financial Post, the Baltic Exchange’s main sea freight index, which tracks rates for ships ferrying dry bulk...

How To Plan for the Unplanable 2020 Scenarios: A BIMCO Insight

Shipowners can take many steps to prepare themselves, the crew and the fleet for 1 January 2020. But not all scenarios can be prepared...

Worse To Come for Panama Canal Boxship Slow Down As Owners Blank Sailings

According to a Loadstar article, the number of containerships transiting the Panama Canal during its fiscal year ending 30 September declined slightly, by 1.1%...

Sail Cargo Finds Resonance As Ocean Transport Becomes Eco-friendly

According to a Guardian report, ethically minded entrepreneurs are turning back the clock to sweep the scourge of bunker fuel from the oceans. Here's an...

Maersk Sets Another Training Center in India

  Maersk, the global shipping company, laid the foundation stone of ‘A.P. Moller – Maersk Centre of Excellence’ facility at Thenpattinam in Tamil Nadu, reports...

As LNG Ships Make a Market Return After Sanctions, LNG Rates Soar

According to a Drewry report, LNG shipping rates have surged to $130,000pd currently from around $80,000pd at the end of September due to tight...

Maersk Focuses on the Development of New Fuels To Decarbonise Shipping

Maersk is speeding up its research into the three options to make new fuel available to decarbonise shipping by 2050, reports Lloyd's List. Decarbonisation deadline...

Scrubber Fitting Increases To 33pc, Global Fleet Scenario To Be 19pc by 2020

According to shipping firm Clarksons, ships fitted with exhaust gas cleaning systems in September spent an average of 44 days out of service, a...

Samskip’s New Direct Service Connects Portugal and UK

Samskip has launched a new, direct weekly service connecting Portugal and the UK, introducing its own vessel to sustain links between Tilbury, Lisbon and...