Poseidon Containers to Charter Four CMA CGM Containerships

Poseidon Containers has agreed to charter four 6,927 TEU containerships to CMA CGM for a period of five years Merger agreement The Global Ship Lease, Inc.,...

[Watch] Boarding the Largest Cruise Ship in the World!

Watch the video of Boarding the Largest Cruise Ship in the World! - Symphony of the Seas Inaugural Cruise.Disclaimer: This video is intended for...

There is Such a Thing as an Annual Bulk Wine Conference

World Bulk Wine Exhibition (WBWE) in Netherlands: Astonishing it may sound, but sources revealed that the World Bulk Wine Exhibition (WBWE) shall be held on...

MPC Commits to Scrubbers! As Charterers Love Scrubber-fitted Vessels

MPC Container Ships ASA is set to purchase 5 scrubbers for their fleet. Another 50 scrubbers installation will take place in 2019 and...

Cylinder Oil Consumption Monitoring Revealed 4% to 7% Savings

Cylinder oil consumption monitoring is one of the main drivers for fleet performance management. Savings between 4% and 7% are regularly found, in some...

MOL: Safely Visit a Ship Carrying Dangerous Goods with VR

Virtual Visits Now Available on Next-generation VLCC says MOL in its press release. This enables user to Safely Visit a Ship Carrying Dangerous Goods...

Demurrage: Charterers Breached Obligation and Undertaking

Singapore Arbitration 2/18 probably does not develop the law or offer a novel interpretation of common fixture wording. It does, however, illustrate some...

Diana’s New Time Charter Contract With Glencore

Diana Shipping Inc. charters its Kamsarmax vessel for US$13,300 per day. Charter commenced on 13th November 2018. Anticipated gross revenue of US$5.44 million. ...

Ballast Water Market Drives Revenue Hike for BIO-UV Group

BIO-UV's ballast water treatment system sales caused 30% increase in revenue. After the USCG certification, they are expecting a 15% increase in revenue...

Finance Conference Speakers Take a More Optimistic View of Shipping Market Trends

On November 8, the fourth Maritime Standard Ship Finance and Trade Conference was held at Abu Dhabi’s Sheraton Hotel and Resort and was in...