CMA CGM ship
24 Sep 2018
The Marseilles-based group has been less specific about its plans, indicating that surcharges will be inevitable but without going into details about surcharge mechanisms as Maersk did recently.
Carsten Mortensen
24 Sep 2018
Mortensen had endured three years of commuting back and forth between Singapore and his native Denmark.
A North Korean vessel previously arrested for illicit activity.
24 Sep 2018
Australia and Canada have mounted airborne maritime patrols from a US base in Japan to detect illicit North Korean shipping activity.
24 Sep 2018
Pirates have captured 12 crew members on board of Glarus for ransom. Massoel Shipping continues to work to free its men.
Blackcomb Spirit
24 Sep 2018
MAP has made its first vessel purchase with six Aframaxes from Teekay Tankers
goodfuels biofuel
21 Sep 2018
Biofuels are the answer to meeting the IMO's 2050 carbon targets according to some and GoodFuels has developed marine biofuels that it says are comparable to mineral diesel, but can reduce all major emissions substantially, including carbon by over 90%. GoodFuels has married its products with the blockchain technology that will allow cargo owners to verify that the fuels used to move their freight are clean and produced from sustainable sources.
Bomin bunkering tanker Keila
21 Sep 2018
Just minutes after informing customers and bunker traders, Bomin issued a brief statement saying it is shutting its operations in Singapore and Antwerp.
Vincent Clerc
20 Sep 2018
Following Maersk's divestment of its non-container businesses, the reorganisation of the Maersk Line brand is continuing with the restructuring of its freight forwarding business and from January, Damco will be part of Maersk’s Logistics and Services Products, the company announced yesterday.
US-Iran sanctions
20 Sep 2018
The reintroduction of US sanctions will undoubtedly affect insurers and the complexity in dealing with these risks has now increased.
2015-built bulk carrier SBI Tango
20 Sep 2018
Monaco-based Scorpio Bulkers has sold a pair of Ultramax bulkers for USD19 million each and leased them back from the buyer through a five-year bareboat charter agreement.
US dollars
19 Sep 2018
Equity investors focus more on the short-term earnings outlook and as the pace of recovery in shipping has fallen short of expectations, it has let many investors disappointed, while in the bond market, the situation is different.