The Baltic Exchange's main sea freight index slipped to its lowest level in nearly six months on Monday, weighed down by falling rates in all vessel segments.The overall index, which factors in rates for capesize, panamax, supramax and handysize shipping vessels…
Hamburg entrepreneur Erck Rickmers has sold his ship management and ship brokerage activities. Effective January 1, 2018, Bremen-based Zeaborn Group acquired all shares in E.R. Schiffahrt GmbH & Cie. KG and shipbroker Harper Petersen & Co. With the takeover…
Robert Allan Ltd. and Kongsberg Maritime announced a collaboration to develop a new remotely-operated fireboat that will allow first responders to attack dangerous port fires more aggressively and safer than ever before.The un-crewed RALamander…
The commodity trader Noble Group says proposed agreements to sell four dry bulk carrier vessels fell through after the buyers failed to get approval from their boards, reports Strait Times. The disposal of the freight vessels for gross…
Germany's Peter Döhle and Greece's Costamare are merging operations of their container ships in a new joint venture (JV) named dubbed Blue Net Chartering headquartered in Hamburg. Blue Net Chartering will serve the container fleets operated by both as well as third-party vessels…
In order to streamline our empty container flows and increase efficiency, NileDutch has started working with Transmetrics of Bulgaria, a tech startup that provides predictive logistics solutions. Transmetrics already has extensive experience…
The Italian shipbuilder Fincantieri signed Friday an agreement to buy 50% of the share capital of France's STX Shipyard, for 59.7 million euros. This takeover is part of the agreement in principle reached in September between France and Italy…
Norwegian offshore shipowner GC Rieber Shipping has entered into a time charter agreement with Deepocean BV for the SURF vessel Polar Onyx for a fixed period of three years with options to extend by up to two years. The Polar Onyx will…
Hamburg Port Authority has joined forces with Deutsche Telekom and Nokia to test 5G applications at the Port of Hamburg. 'Testing of 5G is to commence in an industrial environment in the Port of Hamburg, with the Hamburg Port Authority…
Despite a shift in demand in the chemical shipping sector, Navig8 Chemical Tankers ended the fourth quarter ended 31st December, 2017 with a widened net loss of USD 3.7mln. Revenue for 4Q17 was $43.3 mill, compared to $33.9 mill for 4Q16. “The…
RightShip, the world’s leading maritime risk management and environmental assessment organisation, has appointed its new CEO. Martin Crawford-Brunt will replace outgoing CEO Warwick Norman who announced his decision to step down from the position in 2017…
Swedish OSV owner Viking Supply Ships (VSS) has signed a final agreement to complete the restructuring of its finances as credit committees of all its senior lenders have approved the completed programme. According to the agreed and approved restructuring…
The Danish Maritime Authority (DMA) and European Maritime Safety Agency (EMSA) are examining how online control of certificates could make Port State Control (PSC) inspections more efficient. This happens in the wake of the DMA’s implementation of digital certificates on Danish ships…
EDF LNG Shipping, a subsidiary of EDF group, signed a long term charter contract with the Japanese shipowner NYK on January 26th 2018. The vessel, with a capacity of 174,000 cbm, will be built by the shipyard Hyundai Heavy Industries with delivery expected by spring 2020…
At the beginning of each year I'm frequently asked about the trends I expect to see in the world of maritime recruitment, and the start of 2018 has been no different. Having thought long and hard about what happened in 2017 and how this will affect recruitment this year…
