Japanese carrier Ocean Network Express (ONE) confirmed reports that its chartered containership ONE Blue Jay came into contact with a chemical tanker near Port of Perama, Piraeus, Greece, at around 2 p.m. local time on Thursday.”There are no reports of…
Containership Strikes Tanker in Greece Read More »
The Baltic Exchange’s main sea freight index, which tracks rates for ships carrying dry bulk commodities, dropped on Friday and recorded its steepest percentage fall in two months, as Chinese steel mill restrictions continued to drag down capesize rate…
Baltic Index Falls on Sluggish Capesize Demand Read More »
Turning bloated state-owned businesses into globally competitive players has been at the core of Capt Xu’s responsibility. He has delivered…
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The interview: Xu Lirong Read More »
Oil freight rates in the Middle East and Asia have increased by almost 20 percent today following new US sanctions on units of Chinese company COSCO for its alleged involvement in ferrying crude oil out of Iran.In what the U.S. State Department…
Oil Freight Rates Rocket After U.S. Sanctions COSCO Read More »
James Fisher and Sons said its subsidiary JFD has been awarded a multimillion dollar contract for the design and build of submarine rescue equipment but no further details are yet available. The company recently completed the delivery of a range…
JFD Wins Submarine Rescue System Contract Read More »