Freight Rates Get a Boost from Brucutu Mine Restart
Capesize rates saw an improvement after Vale’s announcement to restart Brucutu mine after it was affected by cyclone Veronica.
Capesize 5-time charter average...
Weekly Tanker Report – Week 17, 2019
The Baltic Briefing has issued the tanker report for the 17th week of this year. The report dated 26th April 2019 provides a valuable insight...
APL and Ship Captain Indicted in Illegal Cargo Case in HK
According to an article published by The Strait Times, more than two years after nine Singapore Armed Forces (SAF) armored vehicles worth HK$136.6 million...
Restrain from Ordering New Ships! Over Capacity Drags Shipping
Container shipping capacity and preventing freight rates face major challenges for the container shipping industry.
ICS advised vessels to show restraint when ordering new...
The Piraeus Port Miracle and The Way Forward
A few weeks ago, one of the world's largest container ships with a capacity of 20,000 TEUs, COSCO Shipping Pisces, approached Piraeus.
George N....
ShipTek 2019 – 10th Edition Marine, Offshore and Oil & Gas Conference and Awards
ShipTek 2019 – An International Conference on Marine, Offshore and Oil & Gas Industry celebrates its 10thEdition in Dubai.
One of the leading Marine Industry...
K Line Slumps To $1bn Annual Loss
Hit by losses from cancelled containership and bulk carrier charter contracts K Line reported a massive JPY111.1bn ($1bn) loss for FY18, end 31 March...
Overcrowding Near Anchorage During High-Water Conditions Causes Vessel Collision
What happened?
On January 17, 2016, about 1631, the cargo vessel Manizales collided with the bulk carrier Zen-Noh Grain Pegasus on the Mississippi River at...
DNV GL and Keppel Partner To Promote LNG As Fuel
Classification society DNV GL and Keppel Marine and Deepwater Technology (KMDTech), a subsidiary of Keppel Offshore & Marine (Keppel O&M), have announced that they...
Bunker Tank Check Failed! MPA Suspends Southernpec’s Bunker Craft Licence
Maritime And Port Authority of Singapore temporarily suspends Southernpec (Singapore) PTE LTD’s Bunker Craft Licence, says a circular published on MPA Singapore website.
What happened?
Arising...
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