News Flash

Euro Zone Business Activity Expanded In March Despite Lockdowns

Euro Zone Business Activity Expanded In March Despite Lockdowns

Euro zone business activity bounced back to growth last month, underpinned by a record expansion in manufacturing, according to a...
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Vard To Build Three Service Vessels For World’s Largest Wind Farm

Vard To Build Three Service Vessels For World’s Largest Wind Farm

Norwegian shipbuilder Vard, a subsidiary of Fincantieri, has won a contract for the design and construction of three wind farm...
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Seably Introduces KARCO And Its Pioneering 3D Animated Online Marine Courses

Seably Introduces KARCO And Its Pioneering 3D Animated Online Marine Courses

Seably introduces KARCO and its pioneering 3D Animated Online Marine Courses the global online marketplace for bespoke maritime training is...
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BIMCO: Containership Orders Reach High With Focus On ULCS

BIMCO: Containership Orders Reach High With Focus On ULCS

Construction orders for new containerships are at a high, setting new records in March and highlighting the confidence of the...
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Crew Changes In Chile Continue In Spite Border Closure Extension

Crew Changes In Chile Continue In Spite Border Closure Extension

Even though the Chilean Government has decreed an extension of the border closure until 30 April, with tighter restrictions, crew...
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Gasum Starts Trial LBG Deliveries To Finish Border Guard

Gasum Starts Trial LBG Deliveries To Finish Border Guard

Nordic energy company Gasum has kicked off test deliveries of liquefied biogas (LBG) for the Finnish Border Guard. The deliveries...
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Overseas Shipholding Group Reports Shipping Revenues Of $418.7 Million For The Full Year 2020

Overseas Shipholding Group Reports Shipping Revenues Of $418.7 Million For The Full Year 2020

Overseas Shipholding Group, Inc., a provider of energy transportation services for crude oil and petroleum products in the U.S. Flag...
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Dutch Yacht-Hauler Adrift Off Norway, Crew Airlifted

Dutch Yacht-Hauler Adrift Off Norway, Crew Airlifted

A Dutch cargo ship was adrift in the Norwegian Sea on Tuesday after all of its crew members were airlifted,...
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Fewer Deals Were Concluded Last Week In The S&P Market

Fewer Deals Were Concluded Last Week In The S&P Market

A slight reduction was clear in the S&P market this past week, as Easter Holidays and Spring Break festivities were...
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How The Maritime Sector Can Make Smart Ports A Reality For All

How The Maritime Sector Can Make Smart Ports A Reality For All

While the COVID-19 pandemic has had a devastating impact on society and many national and local economies, it has –...
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Higher Capesize Rates Buoy Baltic Index

Higher Capesize Rates Buoy Baltic Index

The Baltic Exchange’s main sea freight index, which tracks rates for ships ferrying dry bulk commodities, rose on Tuesday as...
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First Boxship Stranded At Suez Canal Reaches Port Of Valencia

First Boxship Stranded At Suez Canal Reaches Port Of Valencia

The Port of Valencia has received its first containership that was held up in the closure of the Suez Canal...
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N Europe – Asia Exporters Face Near 80% Container Capacity Drop

N Europe – Asia Exporters Face Near 80% Container Capacity Drop

Exporters from Europe and the Med will see a sharp drop in container shipping capacity this week due to knock-on...
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Algoma welcomes most efficient bulker to its fleet

Algoma welcomes most efficient bulker to its fleet

The ship is expected to begin her voyage to Canada from the Jiangsu Yangzi-Mitsui Shipbuilding Company in China in mid-April....
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All Vessels Stranded By Ever Given Grounding Clear The Suez Canal

All Vessels Stranded By Ever Given Grounding Clear The Suez Canal

The closure of the canal from 23 – 29 March by the grounded 20,000 teu containership resulted in 422 ships...
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APM Terminals MedPort Tangier Commences Second Phase Of Development

APM Terminals MedPort Tangier Commences Second Phase Of Development

During phase 1, the terminal operated with a 1,200 metre-long quay and in its Phase-Two, it will add an additional...
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Freight Rates Spike As Asian Cargo Ships Jam US West Coast Ports

Freight Rates Spike As Asian Cargo Ships Jam US West Coast Ports

An influx of imports from Asia to the U.S. has created a bottleneck at West Coast ports, with backed up...
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Shipping Costs Add To Near-Term Global Inflationary Pressures

Shipping Costs Add To Near-Term Global Inflationary Pressures

Supply-chain bottlenecks in global shipping and semiconductor markets are adding to near-term pressures on inflation, amplifying the impact of higher...
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Digital Connections

Digital Connections

One of the many benefits of recent bridge improvements is that displays can now be replicated in real time on...
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Good Samaritans Save Family of Four From Burning Yacht

Good Samaritans Save Family of Four From Burning Yacht

On Saturday, a family of four had a narrow escape from a yacht that caught fire in the harbor at...
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