While the first-half of 2016 was tough for many due to global economic conditions, a strong fourth quarter has spurred optimism as the 2017 shipping season gets underway with this week’s opening of the Great Lakes – St. Lawrence Seaway system…
Indonesia is cracking down on corruption and widespread graft at some of its top coal export hubs, disrupting shipments to destinations across Asia. Indonesia is the world's top exporter of thermal coal, still the main feedstock for global power generation…
Shipping confidence held steady in the three months to end-February 2017, according to the latest Shipping Confidence Survey from international accountant and shipping adviser Moore Stephens. In February 2017, the average confidence level expressed by respondents was 5…
The U.S. Saint Lawrence Seaway Development Corporation (SLSDC) and the Canadian St. Lawrence Seaway Management Corporation have jointly marked the opening of the Seaway’s 59th navigation season. The official opening ceremony of the binational waterway took place on March 20 at the St…
The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, snapped a 14-session winning streak on Tuesday as rates for larger vessels fell.The overall index, which factors in rates for capesize…
The Port of Portland has hired Ken O’Hollaren to lead the Port of Portland’s marine marketing efforts, starting March 20, 2017. O’Hollaren previously served as the executive director of the Port of Longview and the Port of Port Angeles,…
Bahri has opened its second North American office in Houston, home to one of the country’s largest breakbulk and general cargo ports. The new location is Bahri’s second in North America, following Bahri Logistics (America), which has been operating out of Bahri’s U…
The Georgia Ports Authority saw its busiest February ever for total cargo, moving 2.94 million tons across all docks last month - a 10 percent increase over February 2016, and second only to January's 3.01 million tons. Container tonnage was a leading factor in the growth…
The Great Eastern Shipping Company Limited (G E Shipping) signed a contract to buy a Supramax Dry Bulk Carrier of about 52,450 dwt. The 2006 built vessel is expected to join the Company’s fleet in Q1 FY18. The Company’s current fleet stands at 43 vessels…
The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, rose to a fresh over three-month peak on Friday as capezise rates rallied. The overall index, which factors in rates for capesize, panamax…
The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, rose to an over three-month high on Thursday, buoyed by a surge in capesize vessel activity. The overall index, which factors in rates for capesize…
Inmarsat’s Fleet Xpress, which delivers maritime connectivity, has been specified by Hong Kong-based Fleet Management Limited, one of global shipping’s largest independent third-party ship managers. Fleet Management Limited (FML), which…
Jens Lassen, former head of Carnival Maritime and Donald Anderson, former CEO of V. Ships Group, have joined OSM Maritime Group as members of the board. “Jens Lassen has extensive experience from the maritime industry and ship management in particular…
The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, rose for a ninth straight session on Monday, helped by stronger capesize rates.The overall index, which also factors in rates for panamax…
Vietnam National Shipping Lines (Vinalines) and Vietnam National Coal - Mineral Industries Group (Vinacomin - TKV) signed a memorandum of understanding (MoU) for a strategic co-operation agreement, Viet Nam News reported. As per the agreement…