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Ship owners are still mostly bullish when it comes to committing future capital for newbuilding investments. In its latest weekly report, Allied Shipbroking said that “we are still seeing a fair amount of activity...

Posted By : Nanda Koijam 20 hours 12 minutes ago
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With the growing size of container vessels, and a recent spate of fires on board these ships, IUMI is concerned that current firefighting provisions are insufficient. The International Union of Marine Insurance has...

Posted By : Nanda Koijam 20 hours 16 minutes ago
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Platts reported that freight rates for clean Handysize tankers in the Mediterranean and Black Sea have risen sharply in recent days to levels not seen since late April after demand picked up suddenly while the supply of...

Posted By : Nanda Koijam 20 hours 20 minutes ago
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Only six years ago, in 2011, there were 20 global container lines operating in a very fragmented, often very confusing industry. It’s different; with Cosco’s takeover of OOCL, the top four carriers control 53.8% of...

Posted By : Nanda Koijam 20 hours 21 minutes ago
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EfficienSea2 reported that the team behind the Maritime Cloud has decided to change the name of the communication framework. The new name, Maritime Connectivity Platform, has been chosen to provide clarity and support...

Posted By : Nanda Koijam 20 hours 27 minutes ago
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Dutch, German and Swiss representatives of shippers, freight forwarders, barge operators, inland terminals, container terminals operators and shipping lines have drawn up constructive agreements to ensure a more...

Posted By : Nanda Koijam 20 hours 30 minutes ago
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Bengal Tiger Line and Jediv Cargo Management recently facilitated the transportation of an 80-feet long over-length project cargo in container. The cargo, Kelly bars, used for drilling the earth, had earlier arrived in...

Posted By : Nanda Koijam 20 hours 32 minutes ago
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Babcock has signed a contract for the design and supply of its market leading cargo handling system for two LPG carriers. This marks the sixth and seventh LPG carriers to be delivered with Babcock equipment at Jiangnan...

Posted By : Nanda Koijam 20 hours 34 minutes ago
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The Associated Press reported that officials from Great Lakes states are making a renewed push to win approval of a long stalled proposal for adding a new lock to the Soo Locks complex, a critical chokepoint that...

Posted By : Nanda Koijam 20 hours 38 minutes ago
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Kalmar, part of Cargotec, is to continue its cooperation with Mediterranean Shipping Company with a new order for container-handling equipment. The order, comprising five Kalmar reachstackers and two empty container...

Posted By : Nanda Koijam 20 hours 42 minutes ago
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