EMGS' Vessels Utilization Drops
Electromagnetic Geoservices ASA (EMGS) releases information on vessel activity and utilisation 4-5 working days after the close of each quarter. The Company defines…
IRClass Rules for ICG Ships
The “Rules and Regulations for Construction and Classification of Indian Coast Guard Ships”, developed by the Indian Register of Shipping (IRS) were formally released…
Ports America to Operate Intermodal Transfer Service
Ports America Chesapeake and CSX Intermodal Terminals today announced a new agreement designed to immediately enhance the competitiveness of the Port of Baltimore…
Shipping Sector Confused on Emission
Over the course of the year the extent of the shipping industry’s confusion – some would say delusion – on how to clean up its emissions became clear, says Sotiris Raptis…
Chinese Shipping to Face Wave of Bankruptcies
The Shanghai International Shipping Institute (SISI) predicts a surge in bankruptcies within China's dry bulk shipping industry, Reuters reports. The overall business…
Dry Aulk Awakens from Slumber
After a quiet holiday period, the market has slowly awakened from its slumber, says the weekly report by Fearnleys A.S. Rates are not running away but the market looks like it is finding a bottom.
Abu Dhabi Ports' Maqta Gateway Starts Operations
Abu Dhabi Ports, the master developer, operator and manager of ports and Khalifa Industrial Zone in the Emirate, has started initial trial operations of its Port Community System…
Slow Start for Tanker Rates in New Year
A super year for the VLCCs behind us which ended at earnings Meg/East close to $100k/day, says Fearnleys Week. The new year has started somewhat slower and rates ex Meg are off the peaks…
Box, Dry Bulk Can Sustain by Slashing Capacity
International accountant and shipping adviser Moore Stephens believes slashing capacity is the only way to achieve stability in the dry bulk and container ship sectors.
Adani Ports to Expand Terminal with MSC
Adani Group turns its flagship port and India’s biggest commercial port at Mundra in Gujarat into a regional transhipment hub by partnering with Terminal Investment Ltd SA…
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