Danish oil product tanker operator Maersk Tankers, part of shipping group A.P. Moller-Maersk, said on Wednesday it would wind down its customer agreements in Iran by November following new U.S. sanctions on Tehran.”We will perform customer agreements…
Maersk Tanker Unit to Wind Down Customer Agreements in Iran Read More »
The Baltic Exchange’s main sea freight index, tracking rates for ships carrying dry bulk commodities, fell on Wednesday, hurt by weak demand for capesize vessels. The overall index, which factors in rates for capesize, panamax and supramax shipping ves…
Baltic Index Drops Read More »
Damen Shipyards Group signed a contract with Corpetrolsa Group of Guayaquil, Ecuador, for the supply of three tugs; one Stan Tug 1205 and two Stan Tugs 1606. The tugs will be operated by Corpetrolsa subsidiary DLEN S.A. to support its bunkering operation.
Workboats: Three Damen Stan Tugs for Corpetrolsa Group Read More »
As the International Maritime Organization (IMO) celebrates its 70th anniversary, Kitack Lim, Secretary-General, sits in his London office with a sense of satisfaction that in his two plus years at the helm of IMO tremendous strides have been…
Interview: Kitack Lim, Secretary-General, IMO Read More »
The world’s No. 2 container shipping line MSC said on Wednesday it would stop taking new bookings for Iran due to the decision by the United States to re-impose sanctions on Tehran after withdrawing from the international nuclear deal. In a note to cli…
Container Shipping Line MSC Stops New Iran Bookings Read More »