Dubai state-owned port operator DP World launched on Thursday a $101 million project to expand a port in the breakaway region of Somaliland.Somaliland broke away from Somalia in 1991 and has acted as a de-facto independent state since then but is not i…
DP World Launches Expansion of Port in Somaliland Read More »
The demolition market for older ships is picking up pace as of late. In its latest weekly report, shipbroker Clarkson Platou Hellas said that “since last week’s high profile Container sale, many owners decided to pull the trigger on some of their vinta…
Demolition Market Picking Up, Freight Rates Could Follow Suit Read More »
Clarksons Research have published their semi-annual report “Shipping Review & Outlook”, which is available now to download on Shipping Intelligence Network. Summarising the report, Steve Gordon, Managing Director of Clarksons Research commented: · …
International Registries, Inc. and its affiliates (IRI) has announced that the Republic of the Marshall Islands (RMI) Registry will not follow competitors by levying surcharges and commissions on vessel documents and certificates issued on its behalf b…
Marshall Islands Confirms No Class Certificate Surcharge Read More »
Vessel Construction Manager Will Deliver National Security Multi-Mission Vessel. Today, the Maritime Administration (MARAD) released a Request for Proposal (RFP) to solicit for a Vessel Construction Manager (VCM) to deliver a new class of training…
Maritime Administration Issues RFP for NSMV Training Vessels Read More »