The Baltic Exchange’s main sea freight index hit a five-and-a-half-year high on Friday, boosted by stronger demand and tight spot tonnage in the Atlantic region.The Baltic index, which tracks rates for ships ferrying dry bulk commodities, rose 2.7%…
Baltic Index hits Highest Level since 2014 Read More »
Reflecting its now dominant role in the international tug bulding market, Sanmar Shipyards in Turkey has taken the decision to significantly strengthen its team of executive directors with the appointment of two widely experienced men to bolster…
Friends Strengthen Turkish Tug Builder Read More »
Shipping companies sailing through the Middle East Gulf are being urged to avoid having private armed security guards onboard as the risk of escalation in the region rises, industry associations say.Relations between Iran and the West have become…
Private Security in Mideast Gulf Discouraged Read More »
Navios Maritime Containers L.P. (NASDAQ: NMCI) appointed Erifili Tsironi as Chief Financial Officer of Navios Containers. Tsironi previously served as Co-Chief Financial Officer of Navios Maritime Acquisition Corporation since December of 2018…
Navios Containers Appoints Tsironi CFO Read More »
Ulstein and Schottel announced that they will start cooperating to take the next step in automation and digitalization within marine operations. The former Ulstein subsidiary, Ulstein Blue CTRL, will continue as an independent company under the name B…
Schottel, Ulstein Team on Automation Read More »