Contracts News

 

RORO Company Launches New Platform

Nov 04, 2019

The Roll On Roll Off (RORO) Company, a digital freight forwarder, recently launched its new platform, RORO.com, to accelerate global trade of large assets. With access to instant quotes, schedules and bookings, users can save time and money on shipping machinery…

Baltic Index at 4-month Low on Weak Demand

Nov 04, 2019

The Baltic Exchange's main sea freight index, which tracks rates for ships ferrying dry bulk commodities, fell to a four-month low on Monday, weighed down by easing rates across vessel segments.The Baltic index, which reflects rates for capesize…

Baltic Index Slips to Near 4-Month Low

Nov 01, 2019

The Baltic Exchange's main sea freight index, which tracks rates for ships ferrying dry bulk commodities, fell to a near 4-month low on Friday as rates fell across vessel segments.The Baltic index, which reflects rates for capesize, panamax and supramax vessels…

Peel Ports sees Brexit Boost

Nov 01, 2019

Cargo shippers are diverting goods to more ports across Britain to ensure stable supply lines due to uncertainty over whether the UK will leave the European Union without an agreement, a top port executive said.Brexit has been delayed for a third time…

Phase One Trade Deal with China in 'Good Shape'

Nov 01, 2019

The initial 'phase one' trade pact with China appears to be in good shape and is likely to be signed around mid-November, although a finite date is still in question, U.S. Commerce Secretary Wilbur Ross said on Friday.'We're pretty comfortable that the phase one is in good shape…

Shipping Executives Push 'Carbon Levies'

Nov 01, 2019

Executives at some of the world's top shipping groups are advocating a levy on carbon emissions on shipping in an effort to shape tightening rules on greenhouse gas emissions while providing a means to fund development of cleaner fuel sources…

China to Proceed with US Trade Talks as Planned

Oct 31, 2019

China's commerce ministry said on Thursday that Beijing and Washington will proceed with the bilateral trade negotiations according to plan and that the talks are progressing well.The ministry, in a statement, said the two sides remain in close…

Baltic Index Inches Lower on Weaker Panamax Demand

Oct 30, 2019

The Baltic Exchange's main sea freight index, which tracks rates for ships ferrying dry bulk commodities, inched lower on Wednesday on weaker demand for panamax vessels.The Baltic index, which reflects rates for capesize, panamax and supramax vessels…

USMI, Brunswick Enter into MOU

Oct 30, 2019

United States Marine, Inc. (USMI) and Brunswick Commercial and Government Products (BCGP) are pleased to announce they have entered into a Memorandum of Understanding to explore potential business opportunities.USMI and BCGP have a history of…

Poland's PGNiG to Charter LNG Tankers

Oct 30, 2019

Poland's state-run gas firm PGNiG has started the tender process to charter liquefied natural gas (LNG) tankers for its new imports of the super-chilled fuel, a senior company official said on Wednesday.The company currently imports most of the gas it sells to its customers from Russia's Gazprom…

U.S. Shipping Sanctions Dent HSFO Demand

Oct 29, 2019

U.S. sanctions on a top Chinese shipping fleet is set to produce a totally unintended result -- less burning of the dirtiest marine fuels at sea at the start of next year, Refinitiv data showed on Tuesday.The move to blacklist ships from COSCO on Sept…

Euronav Readies Fleet for IMO 2020 Start

Oct 29, 2019

Belgian tanker operator Euronav expects to complete preparations on its fleet in coming weeks ahead of tougher rules next year limiting sulphur emissions from ocean-going vessels, a company executive said on Tuesday.Ship owners must cut emissions by reducing the sulphur content in fuel to 0…

CMA CGM Buys Stake in Wing

Oct 29, 2019

CMA CGM has taken a position in Wing to support the growth of an innovative urban logistics service dedicated to e-commerce.CEVA Logistics and Wing are entering into a major industrial and commercial partnership for the benefit of their respective customers…

West Africa Crude-Freight Rates Ease

Oct 28, 2019

Freight rates to Europe and Asia have continued to ease, albeit at a less rapid rate than during the middle of the month, boosting price offerings for West African grades, traders said on Monday.   Rates for VLCCs from Nigeria's Bonny Light terminal to Singapore settled at $3…

Optimarin Inks 30 BWTS Deal with Asiatic Lloyd

Oct 24, 2019

Optimarin, the ballast water treatment (BWT) specialist, has reported a year-on-year increase in sales of more than 100% for Q3, with order intake at an all-time high. The growth, consolidating the trend seen in Q2, comes on the back of a number…

Logistics News

Seatrium Wraps Up AmFELS Yard Sale

Seatrium Wraps Up AmFELS Yard Sale

GCMD, CIMAC Partner to Support Maritime's Alternative Fuel Readiness

GCMD, CIMAC Partner to Support Maritime's Alternative Fuel Readiness

U.S.-India Trade Pact Could Cut Russian Oil Exports 25%

U.S.-India Trade Pact Could Cut Russian Oil Exports 25%

LNG Shipping’s Long-Term Outlook Remains Positive

LNG Shipping’s Long-Term Outlook Remains Positive

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