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Capesize, panamax gains propel Baltic index to 14th straight rise

Capesize, panamax gains propel Baltic index to 14th straight rise
The Baltic Exchange’s main sea freight index, which tracks rates for ships ferrying dry bulk commodities, rose for the 14th straight session on Wednesday powered by gains in the capesize and panamax vessel segments. The overall index, which factors in rates for...
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Performance Shipping Inc. Signs Shipbuilding Contract For The Purchase Of A Newbuild LNG Ready Tier III LR2 Product/ Crude Oil Tanker With Scrubber

Performance Shipping Inc. Signs Shipbuilding Contract For The Purchase Of A Newbuild LNG Ready Tier III LR2 Product/ Crude Oil Tanker With Scrubber
Performance Shipping Inc., a global shipping company specializing in the ownership of tanker vessels, announced that it has signed, through a separate wholly-owned subsidiary, a shipbuilding contract with China Shipbuilding Trading Company Limited and Shanghai...
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Bright future seen ahead for Sino-Greek shipping cooperation

Bright future seen ahead for Sino-Greek shipping cooperation
A bright future lies ahead for Sino-Greek cooperation in shipping, Chinese and Greek speakers told an event at Greece’s Piraeus port on Tuesday. “Cooperation between China and Greece came initially from the sea, and its future lies in the sea,” said the president of...
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AP Moller-Maersk integrates Africa, West and Central Asia into Indian subcontinent region

AP Moller-Maersk integrates Africa, West and Central Asia into Indian subcontinent region
Logistics and shipping services company, AP Moller-Maersk (Maersk), has announced the integration of West & Central Asia and Africa regions to form the Indian Subcontinent, Middle East and Africa (IMEA) region. Maersk has integrated two emerging markets — West...
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China’s Fuzhou Port sees first export of Europe-bound NEVs

China’s Fuzhou Port sees first export of Europe-bound NEVs
A total of 2,011 vehicles on board a roll-on-roll-off ship left Jiangyin terminal in east China’s Fuzhou Port for Europe. Nearly 80 percent of them are new energy vehicles. It is the first time that new energy vehicles exported from China to Europe via a port in...
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