Based on objective factors including port throughput and facilities, depth and breadth of professional maritime support services, as well as general business environment, the report is a collaboration between the Chinese state news agency, Xinhua, and …
Singapore retains top spot as international shipping centre Read More »
A usual trend has been emerging of late in the demolition market, with more ship owners hesitating to sell their older carriers for demolition, after the recent rise in dry bulk rates. However, even before this, 2019 has been a lackluster year for ship…
Demolition Market Needs to Pick Up for Rates’ Rise to Be Sustainable Read More »
In its recent Marine Safety Alert 06-19 (here), the United States Coast Guard (USCG) shares its findings from an investigation into a cyber incident onboard a commercial vessel: “In February 2019, a deep draft vessel on an international voyage bound fo…
Ship operators cannot afford to turn a blind eye to cyber security Read More »
Additive manufacturing, or 3D printing, has the potential to transform the maritime equipment supply chain. With the adoption of technology enabling printing in metal, vital spare parts and system components can now be printed on demand in locations ar…
Testing the potential of additive manufacturing Read More »
The market for dry bulk carriers, both newbuildings and second hand, has heated up considerably on the back of strong sentiment exhibited in the freight market of late. In its latest weekly report, shipbroker Allied Shipbroking said that it was “a rath…
Dry Bulkers In Demand After Market Rally Read More »