The Baltic Exchange’s main sea freight index, tracking rates for ships carrying dry bulk commodities, rose over two percent on Tuesday to mark its biggest one-day percentage gain in about seven weeks, helped by stronger capesize rates. The overall inde…
Baltic Index Gains On Stronger Capesize Demand Read More »
With a range of dignitaries in attendance, Simwave will officially open its 5,000-square-meter maritime training center in Barendrecht on April 19. The three hundred guests will take a look behind the scenes at the new location, which houses more than …
Simwave Simulator Center Opens in April Read More »
Palfinger Marine has been chosen as the supplier for the replacement of six large lifeboat stations for the accommodation vessel Edda Fides. “We have been working closely with Edda Accoommodation on this project and found the best technical solution fo…
Palfinger to Replace Six Large Lifeboat Stations Read More »
South Korea’s largest shipping line Hyundai Merchant Marine (HMM) announced it will order 20 new containerships, including eight 14,000 TEU vessels and 12 ships above 20,000 TEU. The announcement comes less than a week after the South Korean…
HMM to Order 20 Mega Containerships Read More »
Foreign shipowners can in principle avail themselves of the cash by setting up a Norwegian limited company
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Norwegian owners to get local export credit for domestic newbuilds Read More »