The Baltic Exchange’s main sea freight index, which tracks rates for ships ferrying dry bulk commodities, fell on Tuesday, as lower panamax vessel rates outweighed a slight gain in the larger capesize segment. The Baltic dry index, which tracks rates for capesize, panamax and supramax vessels, dipped 5 points, or 0.2%, to 2,140. The capesize …
North American import of containerised goods from the Far East soared to a noteworthy high of 1.62m TEU during February 2021, a 100% increase from the low point of the same month last year. Fuelled by US stimulus, volumes moving on the trans-pacific trade lane to consumers and businesses in North America thereby defied all …
North America’s February container imports jump 100% from Far East Read More »
The rapid recovery in earnings for multipurpose vessels is expected to slow from the second half the year as capacity constraints and supply chain disruptions in competing sectors ease, according to Drewry’s Multipurpose Shipping Annual Review & Forecast, published recently by global shipping consultancy Drewry. In March one-year time charter rates for multipurpose (MPV) tonnage, …
Multipurpose earnings rally at risk from overordering in competing sectors Read More »
Pent-up demand for commodities from grains to coal powered a surprisingly strong recovery in the dry bulk shipping market in the first quarter, with both freight levels and earnings reaching multi-year highs — and that momentum is continuing in Q2. Although uncertainties still loom large due to the global pandemic, many countries are recovering economically …
SHIPPING Q1: Dry bulk freight market’s surprise strength extends into Q2 Read More »
Amendments to IMO Convention will be forwarded for adoption at IMO Assembly in December 2021. The IMO Council has approved draft amendments to the IMO Convention to expand the size of the Council, extend the term of its Members and recognize three additional language texts as authentic versions of the IMO Convention. The approvals were …
IMO Council set to expand under approved amendments Read More »
Del 15.04.2021 al 15.06.2021 El objetivo del presente curso consiste en obtener una visión completa de los requerimientos y las eventualidades que los usuarios y los operadores deben contemplar, especialmente en el momento de formalizar la contratación de los servicios de transporte marítimo, facilitando los conocimientos para optimizar su gestión en el ámbito del proceso …
El distintivo se otorga a aquellos miembros de las Fuerzas Armadas que completen o hayan completado una circunnavegación en un buque de la Armada La Armada ha celebrado en el Salón de Honor de su Cuartel General la ceremonia de imposición del distintivo de mérito “Juan Sebastián de Elcano”. El distintivo ha sido creado en …
Ceremonia de imposición del distintivo de mérito “Juan Sebastián de Elcano” Read More »
Two years after the first steel was cut, the giant main support frame (MSF) module for the Johan Sverdrup P2 platform left Aibel’s yard in Thailand. Aibel said last Friday that the Johan Sverdrup MSF module left Thailand on 7 April and that it was now on its way to Norway. Equinor’s Johan Sverdrup Process …
Johan Sverdrup P2 platform module sets sail for Norway Read More »
Marine-i has agreed to support a year-long research programme that brings together three international businesses to identify the potential for wave, tidal and floating wind technologies to be deployed around the Isles of Scilly. St Mary’s, the largest and most populous island of the Isles of Scilly (Courtesy of Marine-i) The ‘pioneering’ initiative is led …
Research project to explore marine renewables options for the Isles of Scilly Read More »
Boston-based subsea robotics company Dive Technologies has concluded sea trials of Kraken Robotics’ miniature synthetic aperture sonar (MINSAS 120) integrated onto Dive’s large displacement autonomous underwater vehicle (DIVE-LD). The DIVE-LD with Kraken MINSAS120 (Courtesy of Kraken Robotics) Sea trials lasted from 29 March to 8 April 2021, and were conducted in shallow water and very …
Dive Technologies wraps Kraken’s sonar and batteries trial Read More »
