The Baltic Exchange’s main sea freight index hit a more than one-month low on Friday, as rates dropped across all vessel segments. The Baltic dry index, which tracks rates for ships ferrying dry bulk commodities and reflects rates for capesize, panamax and supramax vessels, fell 71 points, or 5.1%, to 1,317, its lowest since June …
Baltic index falls on lower rates across vessel segments Read More »
As I sit watching a number of traders around me apparently failing (not just the large name being talked about but 2 small traders in Greece and at least 2 in Singapore), notices of assignment flying around the world and see the fear in ship owners eyes facing double payment jeopardy or at the very …
Why traders fail – You can’t run a Ferrari on fuel oil Read More »
“Your cargo has been rolled” – for customers, this message only brings disadvantages, such as delayed cargo, more administrative work and additional commercial costs. With our newly launched “Loaded as Booked” quality promise, we spare our customers these headaches and inconveniences by promising to load more than 95 percent of their confirmed bookings on the …
Following the special European Council meeting of 17-21 July, EU leaders agreed on a €750 billion recovery fund to help the EU tackle the crisis caused by the COVID-19 pandemic. The agreement will now go through scrutiny by the European Parliament. ECSA publishes its priorities for a recovery plan for the EU shipping industry and …
ECSA: Sustainable recovery requires a well-balanced recovery package Read More »
The Hong Kong Seamen’s Union on Friday said Hong Kong should keep its infection control measures for sailors tight as the city is reeling under new coronavirus outbreaks. Its chairman, Cheung Sai-teng, told RTHK that the SAR has been relatively lax compared with other ports that allow the rotation of seafarers. He said that under …
Hong Kong: ‘Govt should keep tight curbs on shipping crew’ Read More »
With this statement, BusinessEurope and the signatory European sectoral employers express the clear message to public authorities and trade unions at all levels that European employers are committed to make their best efforts to continually employ and create new job opportunities in Europe, highlighting at the same time their needs to be able to do …
Straits Inter Logistics Bhd said it is buying a used oil tanker for RM10.42 million to add into its existing nine-vessel fleet that is involved in marine gas oil trading and oil bunkering services. The purchase consideration represents a discount of about 30% over the market value as ascribed by an independent registered valuer, the …
Straits Inter Logistics buys oil tanker for RM10.4m Read More »
Two grand prize winners and 10 finalists have been selected from all entries in the 2020 “Sustainable Shipping for a Sustainable Planet” calendar art contest sponsored by the North American Marine Environment Protection Association (NAMEPA), the United States Coast Guard (USCG), and the Inter-American Committee on Ports of the Organization of American States (CIP-OAS). Each …
Winners Of “Sustainable Shipping For A Sustainable Planet!” Art Contest Announced Read More »
Primer Oficial para Bulk Carrier – 6.500 USD/mes Ch Off70 000 DWT Bulk Carrier5-6 months COE6000-6500 USDURGENTLY cv@amergogroup.com Pls add a remark “To Anastasiya”
A 11 días de bloqueo se tienen pérdidas por más de 75 millones de pesos por bloquear el paso del tren y dañando a la industria mexicana que no logra hacer llegar sus productos a sus destinos El bloqueo al paso de mercancías, productos e insumos esenciales iniciado el pasado lunes 13 de julio en …
Afecta abasto de esenciales en frontera bloqueo de transporte en Sonora Read More »
