Asia-Europe Box Rates Plunge 10 pct
Shipping spot freight rates for transporting containers from ports in Asia to Northern Europe fell 10.1 percent to $231 per 20-foot container (TEU) in the week ended on Friday…
Crude Prices Firm Ahead of US Data
U.S. payroll, jobs data may support oil prices; demand outlook improving. Crude oil futures edged up on Friday, building on the week's gains, as traders and analysts eyed U.S.
U.S. NatGas Futures Test 1995 Lows
U.S. natural gas futures on Friday sank to within a penny of a 1995 low as drillers continue to pull near record amounts of gas out of the ground despite forecasts…
Panama Canal Focuses on Services on Expanded Waterways
Today, the Panama Canal Authority (ACP) hosted an Open Forum, giving shipping line representatives and steamship agents the opportunity to discuss the Panama Canal’s…
South of Africa on the head haul?
Since the end of October 2015, SeaIntel Maritime Analysis showed that 115 vessels deployed on Asia-USEC and Asia-North Europe services have made the back-haul trip…
Fincantieri Delivers "Itarus”
Trieste, 3 March 2016 – “Itarus”, the semisubmersible floating platform built by Fincantieri for the Russian RosRAO, the Federal State Unitary Enterprise for radioactive waste management…
Safe Bulkers to Amend $51.8 Mln Loan Facility With Unicredit
Safe Bulkers, Inc., an international provider of marine drybulk transportation services, announced today that the Company has agreed to amend an existing loan facility…
APM Terminals Pipavav, Tatas Ink KVY Project Deal
APM Terminals Pipavav one of Western India’s gateway ports, in collaboration with Tata Trust CSPC (Coastal Salinity Prevention Cell) has launched Kharash Vistarotthan Yojana (KVY)…
SCI’s Worldwide Agents’ Meet 2016
The Shipping Corporation of India’s (SCI) Worldwide Agents' Meet 2016 held on March 2nd, 2016 drew 88 agents from across the world to participate in the Meet. There were representatives from Far East…
Pirates Move From High Seas to High Tech
A group of cunning tech-savvy pirates hacked a shipping company’s systems, enabling them to carefully target cargo on the firm’s vessels. A curious case reported by Verizon's RISK (Research…
China Plans Carrier Battle Groups To Defend Its Maritime Turf
Chinese navy official Rear Admiral Yin Zhuo confirmed that China plans to put aircraft carrier battle groups to sea, says a report in SCMP. The country will deploy…
Inmarsat Sees Rough Sea Ahead
The satellite communications group Inmarsat plc cautions that with the slowdown in the global economy hitting shipping, satellite communications industry faces rough weather…
Vitol's New Bunkering Partnership in Nigerian Waters
International oil trader Vitol Group (Vitol) has started a new bunkering operation in Nigerian waters with shipping and logistics firm PPP FM Bunkers (PPPFM), supported…
Inmarsat C Celebrates 25 Years Saving Llives at Sea
Inmarsat has marked the 25th anniversary of Inmarsat C by revealing that more than 600 distress alerts from vessels in urgent need were broadcast over the service in 2015.
Philippines Bars North Korean Cargo Ship
The Philippine coast guard inspected a North Korean cargo vessel that docked at a port northwest of Manila in one of the first such checks since the U.N. Security…
- 1
- 2
