09 Jan 2017 Headlines, Shipping News, Slider, Tankers, The Wire Freight rates for very large crude carriers (VLCCs) are expected to slide further next week on reduced cargo demand after the New Year holiday, which could be partly due to cutbacks in oil output by major crude producers, ship brokers said. Around 100 VLCC cargoes for […]
Read MoreChittagong Port Authority (CPA) has finalised preparation of documents to float international tenders for procuring essential equipments to expedite cargo handling activities. CPA will float the tenders soon, and purchase 10 gantry cranes in two phases – six cranes in the first phase and four others in the second phase. Officials concerned said a seven-member […]
Read MoreThe Triple-E containership Munkebo Maersk calls at DP World’s London Gateway in February 2015. Photo credit: London Gateway (LISW) – The UK Government’s purpose is for Britain’s maritime sector to be as great as it can be and to be “greater than we imagined possible over recent years,” according to the UK’s Shipping & Ports […]
Read MoreJanuary 19, 2017 by Mike SchulerThe Coast Guard and good Samaritans responded to the report of a vessel on fire approximately 150 miles south of Southwest Pass, Louisiana, Monday. U.S. Coast Guard photo courtesy of Aviation Training Center Mobile. The American car carrier Alliance St Louis is now under tow in the Gulf of Mexico after […]
Read MoreBy MarEx 2017-01-16 18:39:05 The dry bulk market’s strong end to 2016 is unlikely to last long into 2017, according to the latest research from Maritime Strategies International. In its latest quarterly dry bulk market report, MSI predicts a depressed year for rates in 2017, a year marked by multiple risks to recovery. Stronger freight […]
Read MoreCommodities gained in December due to improving supply/demand fundamentals for crude oil and higher economic growth expectations, according to Credit Suisse Asset Management. The Bloomberg Commodity Index Total Return performance was positive for the month, with 10 out of 22 Index constituents posting gains. Credit Suisse Asset Management observed the following: Livestock increased the most, […]
Read MoreDespite lower rates, rental prices doubled from last year; capesize vessels totalling 15 million DWT to be delivered this year – broker. Freight rates for large capesize dry cargo ships on key Asian routes are likely to drift lower as tonnage volumes outpace cargo demand even as owners resist charterers’ attempts to push rates lower, […]
Read MorePhoto: PR-foto: Kontraframe / Thorbjørn Hansen Kvalitetsjournalistik kræver investeringer. Del venligst denne artikel med andre ved at bruge nedenstående link. http://shippingwatch.com/carriers/article9287437.ece Kopier og videresend ikke artiklen. Det er i strid med ophavsretsloven og vores abonnementsbetingelser. Over two days of this week, hundreds of managers from Maersk Transport & Logistics voiced their thoughts on the future […]
Read MoreImage: MSI/ABB Aaron Strupp Gerard Lynch It seems like a lifetime coming, but the IMO International Convention for the Control and Management of Ships’ Ballast Water and Sediments (BWM) has been approved and will enter into force on September 8, 2017. Deemed as an environmental necessity, it creates an enormous operational challenge for the […]
Read MoreMore crew were kidnapped at sea in 2016 than in any of the previous 10 years, despite global piracy reaching its lowest levels since 1998, the ICC International Maritime Bureau‘s (IMB) annual piracy report revealed Tuesday. In its 2016 report, IMB recorded 191 incidents of piracy and armed robbery on the world’s seas. “The continued […]
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