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d’Amico International Shipping Reports Net Profit of $15.4 Million for 9-Month Period, More Than Half Compared to a Year Ago

d’Amico International Shipping Reports Net Profit of $15.4 Million for 9-Month Period, More Than Half Compared to a Year Ago

The Board of Directors of d’Amico International Shipping S.A. (Borsa Italiana: “DIS”) (hereinafter : “the Company”, “d’Amico International Shipping” or...
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Amid Heightened Speculation, No Final Decision On East Container Terminal, Says Sri Lanka

Amid Heightened Speculation, No Final Decision On East Container Terminal, Says Sri Lanka

Although the Sri Lankan government is yet to declare its final position on developing the strategic East Container Terminal (ECT) at the Colombo Port...
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Shipping Alliances Help Container Industry Boost Freight Rates In Coronavirus Pandemic

Shipping Alliances Help Container Industry Boost Freight Rates In Coronavirus Pandemic

Container shipping has sailed through the coronavirus pandemic largely unscathed, as ship-sharing alliances and supply curbs to bolster freight rates...
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International Marine Shipping Industry Considers Nuclear Propulsion

International Marine Shipping Industry Considers Nuclear Propulsion

It didn’t take a Biden-Harris win to make the world’s shipping industry act to decrease their carbon footprint – they...
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Russian Containership Causes COVID-19 Precautions in South Pacific

Russian Containership Causes COVID-19 Precautions in South Pacific

The Cypriot-flagged container ship Fesco Askold, operated by the Russian Far Eastern Shipping Company (Fesco) is being linked to a new...
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Japan’s Roboship Project Conducts Proof of Concept Remote Control Test

Japan’s Roboship Project Conducts Proof of Concept Remote Control Test

Japan’s Roboship project became the latest group to conduct successful tests of a remote-controlled ship equipped with an automatic collision...
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Great Eastern’s Bulk Carrier Crew Stuck At Chinese Port For 5 Months Without Relief-Business Journal

Great Eastern’s Bulk Carrier Crew Stuck At Chinese Port For 5 Months Without Relief-Business Journal

Twenty-three Indian crew on board a bulk carrier owned by the Great Eastern Shipping Co Ltd are stuck at a Chinese...
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Shipping Ministry to be Renamed as Ministry of Ports, Shipping and Waterways: PM Modi

Shipping Ministry to be Renamed as Ministry of Ports, Shipping and Waterways: PM Modi

The Union Ministry of Shipping is being renamed as the Ministry of Ports, Shipping and Waterways, in line with how...
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Maritime Market Update: Shipping Industry Under Biden

Maritime Market Update: Shipping Industry Under Biden

Risavika LNG front month has dropped 0.5 % week on week to 23.95 EUR/MWh. Gas supply to European gas markets...
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Portall Infosystems To Collaborate With Cloud-Based Freight Forwarding Answer Boxnbiz

Portall Infosystems To Collaborate With Cloud-Based Freight Forwarding Answer Boxnbiz

Portall Infosystems, which runs the federal government’s Port Group System referred to as PCS1x, will collaborate with BoxnBiz, a cloud-based...
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Synergy Group Completes FSU Conversion

Synergy Group Completes FSU Conversion

The FSU, which has a projected lifespan of 15 years, was delivered to its owner last week. Synergy will manage,...
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Environmentally Friendly Ballast Water Solution with Unique Advantages

Environmentally Friendly Ballast Water Solution with Unique Advantages

Built on nearly two decades of expertise in the global water disinfection and treatment market, Atlantium’s proprietary UV-based ballast water...
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BIMCO Prepares Contract Template for Autonomous Shipping Deals

BIMCO Prepares Contract Template for Autonomous Shipping Deals

Shipping association BIMCO is adapting one of its standard contracts for use with future autonomous vessels. Though no autonomous cargo...
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Panama Celebrates 117 Years as a Republic and 199 Years of Independence

Panama Celebrates 117 Years as a Republic and 199 Years of Independence

On the commemoration of the National Day of the Republic of Panama celebrating 117 years as a Republic and 199...
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Dry Bulk Market Could Rally If Scrapping Activity Picked Up

Dry Bulk Market Could Rally If Scrapping Activity Picked Up

The dry bulk market could be heading for a rally, if ship owners commit to more scrappings. In its latest...
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HK Shipping Company and Power Company to Promote Carbon Offsetting

HK Shipping Company and Power Company to Promote Carbon Offsetting

In an effort to raise awareness and promote carbon offsetting to the shipping industry, the Hong Kong shipping group Wah...
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Australia Holds Cargo Ship to Complete Overdue Crew Change

Australia Holds Cargo Ship to Complete Overdue Crew Change

Australian authorities are continuing their strict enforcement programs designed to ensure the welfare of seafarers arriving at their ports. At...
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4th BIMCO Report on the IMSBC Code Amendments – Re-classification of Dangerous Goods

4th BIMCO Report on the IMSBC Code Amendments – Re-classification of Dangerous Goods

BIMCO started reporting from 30 September 2020, a series of articles, informing members of what to expect in the revised...
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Korean Shipping Companies Benefiting from Special Government Guarantee

South Korean shipping companies are enjoying high growth thanks to the South Korean government’s proactive support. South Korean shipping companies...
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First Ever Standard Contract For Autonomous Ship Operation Underway

First Ever Standard Contract For Autonomous Ship Operation Underway

BIMCO is adapting the currently used SHIPMAN 2009 agreement for use with autonomous ships, but the lack of actual autonomous...
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