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Falling Capesize Demand Weighs on Baltic Index

Dec 03, 2018

The Baltic Exchange's main sea freight index, tracking rates for ships ferrying dry bulk commodities, fell for the fourth straight session on Monday, pressured by waning demand for capesize vessels.The overall index, which factors in rates for capesize…

Illinois Soybean Growers Encouraged by U.S-China Trade Talks

Dec 03, 2018

Lynn Rohrscheib, Illinois Soybean Growers (ISG) chairwoman and a soybean farmer from Fairmount, Ill., released the following statement in response to U.S. and China announcing continued trade discussions: “As the nation’s top soybean-producing state…

Ørsted Hires Focus Consultants on Sustainable East Coast Offshore Hub

Dec 03, 2018

Focus Consultants has been appointed to deliver sustainability services for a new East Coast Hub for the offshore wind giant, Ørsted, which is currently building the biggest offshore wind farms in the world.Currently in construction on the Royal Docks at Grimsby…

TEN: Cautious Optimism on Shipping Market

Dec 02, 2018

The provider of seaborne crude oil and petroleum product transportation services Tsakos Energy Navigation Limited (TEN) said that though the tanker market showed upward trajectory, management will keep a close eye on developments and refine its employment approach…

Denmark Mulls Most Modern Container Port

Dec 02, 2018

Copenhagen Malmö Port said that Denmark’s most modern container port will be completed by the end of 2021 – the futureproof, modern, sustainable and automated container terminal in Copenhagen. The terminal substantially strengthens CMP’s role…

Seoul Connects Maritime Capacity-building Activities with IMO

Dec 02, 2018

The first regional donor/recipient workshop on maritime Technical Cooperation activities held in Seoul, the Republic of Korea (26-30 November). The workshop built on the long-term resource mobilization strategy for International Maritime Organization (IMO)'s Technical Cooperation activities…

Port of Vancouver USA Approves Budget

Dec 02, 2018

The Port of Vancouver USA Board of Commissioners unanimously approved the port’s tax levy and 2019 budget during its regularly scheduled board meeting.The U.S. West Coast port's commission voted to hold the port levy steady for the seventh year in a row…

WinGD Elected Joins LNG Marine Fuel Institute

Nov 30, 2018

Switzerland-based low-speed gas and diesel marine engines marine manufacturer Winterthur Gas & Diesel (WinGD) has become a member of the LNG Marine Fuel Institute.WinGD, the company involved in the design and development of the two-stroke X-DF LNG engines…

MPC Container Ships Buys More Scrubbers

Nov 30, 2018

Norwegian oner and operator of container vessels MPC Container Ships (MPCC) has exercised options to equip additional five vessels with exhaust gas cleaning systems.The scrubber investments are expected to be financed with cash on hand and available debt capacity on the MPCC's existing fleet…

DIS Annouces Sale and Leaseback of a MR Tanker

Nov 30, 2018

International marine transportation company operating in the product tanker market d’Amico International Shipping S.A. (DIS) said that  its operating subsidiary d’Amico Tankers D.A.C. (Ireland) signed a memorandum of agreement and bareboat charter…

Craighead Appointed as CLIA President and CEO

Nov 30, 2018

Cruise Lines International Association (CLIA) has announced that its Global Executive Committee has appointed Kelly Craighead as President and Chief Executive Officer effective January 1, 2019. Craighead will be taking over the role currently held by Cindy D'Aoust…

Subsea Innovation Bags Two Contracts with Royal IHC

Nov 29, 2018

Subsea Innovation, the supplier engineered equipment and technology used in the installation of subsea equipment for the offshore oil and gas, has announced two high profile contract wins with Royal IHC, as part of a collaborative framework agreement…

Virgin Voyages to Build a Massive Terminal at PortMiami

Nov 29, 2018

Virgin Voyages, formerly Virgin Cruises, has unveiled its plans for a new terminal at PortMiami.Sir Richard Branson's cruise line said in a press release that the new Virgin Voyages Terminal will be located on the northwest side of the port in Miami…

Fincantieri Delivers Nieuw Statendam

Nov 29, 2018

Nieuw Statendam, the new cruise ship of Holland America Line, was presented at the Fincantieri Marghera shipyard in Venice.  Holland America Line is a brand under Carnival Corporation, the world’s largest cruise operator.The vessel is the 16th…

New EU Secretary Director for Danish Shipping

Nov 29, 2018

On 1 January 2019, Jens Valdemar Krenchel will take up the position as Head of EU Representation for Danish Shipping at the  the EU office in Brussels, where Danish Shipping has been represented since 1989.At the same time, he will join the…

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