Spanish police seized 4.5 tonnes of cocaine with an estimated street value of 105 million euros ($114 million) after raiding a cattle ship off the Canary Islands earlier this week, a statement said on Saturday.The ship had stopped at ports in about a d…
Spanish Police Seize Cocaine Worth $114 Million from Cattle Ship Read More »
In its latest weekly report, shipbroker Gibson said that “the past couple of years have marked an increase in orders of methanol-fueled vessels, particularly in the container segment. AP Moller Maersk is a clear pioneer and a front runner, having order…
Methanol: A Strong Candidate for Green Marine Fuel of the Future? Read More »
Capesize The Capesize timecharter average (5TC) lost more than 50% of its value since the middle of last week. The spot rates in both basins continued their descent throughout the week after the lunar New Year holidays. The 5TC closed the week at $4,43…
Dry Bulk Market: Capesizes Down More Than 50% in the Space of 10 Days Read More »
The GSCC welcomes the New Year with its traditional Vassilopitta reception. Following is the speech of Mr. Haralambos Fafalios, Chairman of the Greek Shipping Cooperation Committee “Dear all, It is three years since we were together in London cel…
Fafalios: “If Only We Knew Which Fuel, We Will Be Using Over The Next 20-30 Years” Read More »
Svein Steimler, president and CEO of NYK Group Europe Ltd., will retire on March 31, 2023, and will subsequently become a special advisor of the company. Steimler’s successor as president and CEO will be Carl-Johan Hagman.
Leadership Change at NYK Group Europe Read More »