Sparking speculation that a recovery in commodities could be around the corner, the Baltic Dry Index, a measure of shipping costs for commodities, has risen 17.5 per cent since September 15, reports Business Standard. The indexis up 21 per cent at 943…
The VLCC market continued to strengthen this week with sentiment supported by both stronger demand and expectations for the October Middle East and West Africa programs to rise substantially from September levels, according to Charles R.Weber Weekly…
Capt Pradeep Chawla, Managing Director QHSE & Training, Anglo-Eastern Ship Management Ltd., delivered a theme address at the World Maritime Day symposium on 'Shipping's future needs people: Is global maritime education and training on course…
GC “Hidromek” (Russia) and Aker Arctic (Finland) have signed the strategic partnership agreement at NEVA 2015GC “Hydromech” (Russia) Inc and Aker Arctic (Finland) signed an agreement on strategic partnership at the NEVA 2015 International Exhibition and Conferences yesterday…
The Managers have released, on September 22, 2015, the Club’s latest loss prevention DVD – 'Fit for Life'. The launch took place at a premiere screening of the film at the Barbican Center, central London before an invited audience of a number of the Club’s Member…
The National Marine Manufacturers Association (NMMA) this week presented the 12th consecutive Customer Satisfaction Index (CSI) award to Volvo Penta recognizing excellence in customer satisfaction in marine sterndrive engines. The CSI award is based on an independent survey of over 50…
The impressive response to the INMEX SMM India 2015 that was officially opened yesterday by Deepak Shetty, Director General of Shipping, Government of India, seems to be a clear indication that the green shoots of economic recovery are finally making their appearance in the country…
Shipping company SC Line has started up service between Fort Lauderdale's Port Everglades and Cuba, reports Sun Sentinel. The cargo and cruise vessels no longer require a special license to ply between US and Cuba. SC Line can serve…
On April 30, next year the 11th amendment of the Marine Equipment Directive (MED) comes into force, making compliancy with the Bridge Alert Management (BAM) concept mandatory for all navigation equipment.Imtech Marine, as a bridge systems integrator…
At the 2015 Monaco Yacht Show held this morning Fincantieri, leading western shipbuilding group, and Pininfarina, standard-bearer of the Italian design for 85 years, introduced the “Ottantacinque” concept of a latest-generation luxury mega yacht…
NYK has been selected for the Dow Jones Sustainability Indices (DJSI)* for a 13th straight year. The DJSI, which is a major yardstick for companies engaging in socially responsible investment (SRI),** is composed of select sustainability-driven companies from over 3…
The world leading shipping group CMA-CGM has fitted its largest containership, the 18,000 TEU Vasco de Gama, with a 2,000 cu.m/h Bio-Sea 2000 Ballast Water Treatment System (BWTS) supplied by French ballast water treatment specialist Bio-UV…
China’s Shanhaiguan Shipbuilding Industry has booked an order to build up to six feeder containerships for Dalian Port Wantong Logistics and Dalian Jifa Ship Management. The newbuilding contract will see the affiliate yard of China Shipbuilding Industry Corporation (CSIC) construct two 1…
An Indonesian flagged general cargo ship has been banned from entering or using any port in Australia for three months. The vessel Noah Satu (IMO9313620) has been issued with a direction not to enter or use any port in Australia for three…
In advance of the United Nations Climate Change Conference in December, the global shipping industry, as represented by the International Chamber of Shipping (ICS), has launched some key messages to government negotiators, explaining the…