With the world trade expected to heavily contract this year, it’s no surprise that the dry bulk orderbook has diminished quite heavily. In its latest weekly report, shipbroker Allied Shipbroking said that “it is undoubtedly a period in which investment…
Dry Bulk Orderbook Almost Half than What it Was Back in 2016 Read More »
INTERTANKO Members noted with great concern the European Parliament’s decision to include both international and EU “domestic” shipping trades into their Emissions Trading System (ETS)”, said INTERTANKO’s Managing Director Katharina Stanzel. She added:…
INTERTANKO: EU Parliament decision could undermine a global GHG solution Read More »
As the year 2020 continues to deliver positive surprises for the container shipping sector, the gap between short and long term contract freight rates on the Trans-Pacific trade lane has never been wider. The stars are now aligned for carriers to achie…
Trans-Pacific short vs long contract freight rate gap hits record USD 2,400 per FEU Read More »
A new Mayflower has been launched in Plymouth, 400 years after its historic namesake set sail from southwest England to America.The new vessel won’t be carrying pilgrim settlers across the Atlantic. In fact, it won’t hold any crew or passengers at all.
AI- and Solar-powered Autonomous Ship Mayflower Launched Read More »
A cargo ship master and chief engineer have been sentenced and fined after admitting to charges relating known engine problems that led to their ship to lose power and run aground at the Port of Tauranga in July.The Singapore-registered log…
NZ Fines Master for Leaving Port with Known Engine Problems Read More »