Outgoing chair of CEDA’s Marine Strategy Navigation Group Chantal Martens shares her most rewarding experiences there and has advice for her successor.
The development is another blow as concerns linger about bunkering group’s financials.
SFI will buy back vessels after nine years. The transaction shows the rising popularity of Japanese operating leases.
Tokio Marine & Nichido Fire Insurance, and tech company NTT DATA said the trial has been completed and will dramatically reduce the time for claims to be paid.
The report found that violent truck hijackings account for 24% of cargo theft incidents globally, while food and beverage cargoes are the biggest current targets at 27%.
There are just a handful of purpose-built LNG supply vessels in the world, but the sector is growing as LNG gains popularity as a marine fuel.
Japanese group will dissolve Singapore dry bulk unit in move.
Spot charter rates for VLCCs averaged USD43,876/day between 2 November and 9 November, while Suezmax rates averaged USD36,569/day and Aframax rates averaged USD27,697/day, according to Clarksons data on 9 November.
Mexico’s Port of Veracruz is upping its game with a dredging, reclamation, breakwater, and rail and road project to boost the capacity of Mexican ports.
The company plans to build vessels with a lower carbon footprint in the Pacific Islands.