A projected growing rate of China’s import of iron ore is expected to propel dry bulk shipping demand in 2017, according to a latest forecast by international shipping association Bimco.
The shipping industry, in particular dry bulk and containers, has seen a marked improvement over the last 12 months according to Singapore Shipping Association (SSA) president Esben Poulsson.
A lot of exciting news about innovation in the shipping industry came out of last week’s Gastech 2017 with a number of the industry’s well known names seen to be seeking to make sea transportation of gas products more efficient, cost effective, greener and safer.
The record for the world’s largest containership has been broken again with the delivery of the 20,568 teu Madrid Maersk.
Intercargo has called for a quick and thorough investigation of the causes of the sinking of the VLOC Stellar Daisy that has left 22 seafarers missing.
Greek shipowners are throwing their considerable weight behind the efforts of home marine equipment makers to be included on “makers lists” of shipbuilders in Asia and Europe.
Lessons of old time shipping men, rather than the financial investors who prowl the halls at events like the Connecticut Maritime Association (CMA) Gala Dinner, were what resonated the loudest.
As the world’s largest container carrier Maersk Line pushes ahead with digitalisation of the customer experience its raises the question of role of intermediaries such as freight forwarders.
With less than three years away from the IMO Marpol Annex VI global 0.5% fuel sulphur rule, shipowners and operators are increasingly pressed for time to decide on which option they would choose to comply with the emissions reduction regulation.
New kid on the block in the rig space Borr Drilling is buying Transocean’s entire fleet of 15 jack-up rigs including, five newbuildings under construction at Keppel FELs, for $1.35bn.