Boxship scrapping could sink to lowest since 2011
Alphaliner cuts estimates for 2018 after slow start to the year for containership demolition.
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Queen Elizabeth 2 Reopens as Floating Hotel in Dubai
The Queen Elizabeth 2 (QE2) ocean liner has been given a new lease of life as a floating hotel in Dubai, 10 years after the Gulf Arab emirate bought it for $100 million.State-owned Dubai World bought the QE2 from Cunard Line in 2007, but the…
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Diana Shipping confirms Cargill deals
US-listed boxship owner enters into new time-charter contract with Cargill International while extending charter on capesize with Swiss commodities giant.
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LNG Tanker Sailing to Netherlands’ Gate Terminal
Liquefied natural gas (LNG) tanker Vladimir Rusanov set to arrive at Netherlands’ Gate terminal on April 25, according to Reuters shipping data.The tanker has a capacity of 170,000 cubic metres and is coming from Russia’s Yamal LNG terminal.The tanker …
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Baltic Index Jumps 7%
The Baltic Exchange’s main sea freight index, tracking rates for ships carrying dry bulk commodities, surged about 7 percent on Wednesday to register its biggest one-day percentage gain since November 2016, boosted by improving capesize activity.
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