The Club would like to highlight to Members that with effect from 20 August 2019, under Regulation PM No. 7 of 2019, the Ministry of Transportation of The Republic of Indonesia has made it mandatory for vessels sailing in Indonesian waters to install a…
Mandatory requirement for AIS in Indonesian waters Read More »
DryShips Inc. (the “Company”) (NASDAQ: DRYS) announced that it had entered into an Agreement and Plan of Merger (the “Merger Agreement”) with SPII Holdings Inc. (“SPII”), a company controlled by the Company’s Chairman and Chief Executive Officer, Georg…
It’s widely reported that radical change is taking place in the energy sector. But why is maritime such a green logistics choice for the major players? Renewable energy is necessary for a sustainable future – green partnerships between cargo owners and…
Logistics for the energy revolution: Why shipping has a vital role to play Read More »
Capesize The Capesize market was buoyant in both basins this week, posting gains across the board. After bottoming out the previous week, rates were seen to quickly rise. This was helped along the way by typhoon Lekima off the eastern coast of China an…
Dry Bulk Market: Capesize Rates Rise After Bottoming Out The Previous Week Read More »
If a ship communicates relevant information in advance before arriving in port, it can achieve a reduction of 23% in vessel emissions. That’s according to an International Maritime Organization (IMO) led desktop trial conducted last month in the Port o…
Just-In-Time shipping reduces shipping’s carbon footprint Read More »