Japanese shipping company Mitsui O.S.K. Lines (MOL) has announced that the new scrubber-equipped wood chip carrier Southern Treasure has been delivered.The delivery ceremony for the 60,300 dwt vessel with with a cargo capacity of 4.3 million-cubic feet was held at Oshima Shipbuilding…
International Maritime Organization (IMO)’s most important ship safety treaty – SOLAS – provides for safe merchant shipping, covering a wide variety of topics, from ship construction to fire protection, to life-saving appliances and cargo carriage…
The Swedish container market had a slight downturn during H1 2019, with a 1% fall, but the Port of Gothenburg has reported a steady rise in both market share and volume.Between January and September this year, the figure stood at four per cent…
International Maritime Organization (IMO) ’s most important ship safety treaty – SOLAS – provides for safe merchant shipping, covering a wide variety of topics, from ship construction to fire protection, to life-saving appliances and cargo carriage…
German bulk carrier company Oldendorff Carriers signed a Coal Transportation Agreement (CTA) with Bangladesh Chinese Power Company limited(BCPCL).Oldendorff will provide a full transportation solution to BCPCL, which includes coal transportation…
The first ever containerized cargo movement via Indo-Bangladesh protocol route and Brahmaputra (National Waterway -2) river will start from West Bengal's Haldia Today.'In line with Government’s focus on improving connectivity to the North Eastern Region (NER)…
The largest German bulk carrier company Oldendorff Carriers GmbH, which operates around 700 ships, said that its Lydia Oldendorff (207,562 tdw built 2015) has set a record as the largest vessel to load coal at Puerto Bolivar, Colombia.The Newcastlemax…
Further disruption in ocean freight rates expected despite best efforts from leading carriers, according to Xeneta Container Rates Alert.Long-term contracted ocean freight rates for carriers continued their downward trend through the month of October…
Europe’s fastest growing port, the Port of Gdansk, has outlined huge expansion plans designed to double its cargo volumes to 100m tonnes a year, during a high-level maritime and business delegation from Poland to Singapore.The delegation marks…
Capital Product Partners (CPLP), a Greek shipping company engaged in the seaborne transportation of a wide range of cargoes, including dry cargo and containerized goods, said that it is planning to install exhaust gas cleaning systems (scrubber) in six more vessels…
German international shipping and container transportation company Hapag-Lloyd has introduced IMO2020 Transition Charge (ITC) for short-term contracts.The introduction of the IMO2020 sulfur cap as of 1 January 2020 marks a milestone for the…
Taiwanese ocean shipping company Yang Ming Marine Transport Corporation said that encouraged by the steady economic growth and foreign trade in between Indonesia, Singapore, Malaysia and Thailand, it continues to enhance its Southeast Asia…
The Containership market has been showing some significant gains across both earnings and values, particularly in the Post Panamax and New Panamax segments, says VesselsValue.The US China trade war has had a negative impact on vessel demand…
In the 2019 first half, 106,000 TEU - 20-ft standard containers - were handled in Hamburg on direct services with Indian ports, a gain of 17 percent. This brought India up into tenth place in Hamburg’s ranking of its trading partners for container transport…
The Baltic Exchange's main sea freight index edged up on Thursday, ending a nine-session losing streak, on higher demand for capesize vessels.The Baltic index, which reflects rates for capesize, panamax and supramax vessels, inched up 6 points…
