The hesitant recovery in global demand for oil looks set to grind to a halt, putting pressure on crude and products trade. The combination of Covid-curtailed air travel and a slowdown in Chinese buying bring sad tidings for oil movements in the fourth quarter, while further waves of Covid-19 around the world are a major …
The Baltic Exchange’s main sea freight index, tracking rates for ships carrying dry bulk commodities, rose to over one-year high on Friday as rates for capesize vessels surged on higher iron-ore demand. The overall index, which factors in rates for capesize, panamax, supramax and handysize shipping vessels, was up 151 points, or 8.1%, at 2,020 …
Baltic index scales over 1-year high on robust capesize demand Read More »
The composite index decreased 1.5% this week but 112.1% up when compared with same period of 2019. The average composite index of the WCI, assessed by Drewry for year-to-date, is $1,843 per 40ft container, which is $401 higher than the five-year average of $1,442per 40ft container. Drewry’s composite World Container index decreased by 1.5% to …
Drewry: World Container Index Down 1.5% This Week Read More »
“Xeneta sees early indications that carriers are not ready to break the psychological barrier on the trans-Pacific eastbound but upwards pressure remains on the European counterpart during Golden week. TP Eastbound is WoW down USD 70 per 40′ and Far East – North Europe main ports is up WoW USD 50 per 40′.” Xeneta is …
New and flexible fuel cell technology can reduce emissions from shipping by 40 to 100%. Partners from shipping, R&D and oil and gas are now constructing a pilot system that can use different types of fuel. The system will first be tested at the Sustainable Energy catapult centre in Norway before installation on board a …
Fuel Cell Project Develops Ground-Breaking Fuel Solution For Ships And Offshore Read More »
The coronavirus has had a major impact on a range of industries, including shipping. We have seen factories in parts of the world slow down and supply chains have been severely impacted. But today, on the UN’s World Maritime Day which is focused on sustainable shipping, as we look to reset and recover from the …
Green Britannia can rule the waves — with the right support Read More »
Lebanon has asked Interpol to issue arrest warrants for the Russian captain and owner of the ship that brought the explosive material that detonated at Beirut port in August, killing nearly 200 people, state media reported on Thursday. About two months after the explosion that injured thousands and ravaged the Lebanese capital, questions remain about …
Lebanon asks Interpol to arrest Russian ship captain, owner over port explosion Read More »
During its 2020 virtual conference, the National Marine Electronics Association honored three products from KVH Industries, Inc., (Nasdaq: KVHI) for product excellence. KVH’s TracPhone® V3-HTS received NMEA’s Product of Excellence Award in the satellite communications antenna category; KVH’s TracVision® UHD7 received the Product of Excellence Award in the satellite TV antenna category; and KVH’s TracPhone …
3E for VLGCSalary – USD 4500Joining: End of SeptemberRequirements: Good English & relevant experience is a must! Interesados: info@crs-marine.com
Jefe de Máquinas para Bulk Carrier – 8.500 USD/mes SALARY: 8500 $DOC: 3 +/-1 monthsDOJ: ASAPTYPE: Bulk CarrierME: Man B&WExp. min. 2-3 contracts in rank on same type of vessels, stable sea service,Age till 55Stable sea serviceGood EnglishStella Marine Company, Ltd Odessa Branch6b Belinskogo Str, Off. 2, Odessa, Ukrainetel: 38048 73 74 555; 38093 570 …
Jefe de Máquinas para Bulk Carrier – 8.500 USD/mes Read More »
