Green Marine
Drewry: Container Shipping Profitability to Continue Diminishing
Diminishing profitability in the container shipping sector is expected to continue until the end of the year keeping major carriers on the thin ice, according to the UK-based shipping consultant Drewry. The downward trend that pushed the carriers’ revenues down in the first year-half, continues exer
Drewry: Container Shipping Profitability to Continue Diminishing
Diminishing profitability in the container shipping sector is expected to continue until the end of the year keeping major carriers on the thin ice, according to the UK-based shipping consultant Drewry. The downward trend that pushed the carriers’ revenues down in the first year-half, continues exer
Bolloré Group Sets Aside USD 120 Million for Freetown Terminal
French investment and industrial holding conglomerate Bolloré Group has set in motion a USD 120 million project to extend the container terminal at the Port of Freetown in Sierra Leone. Bolloré Africa Logistics, a subsidiary of Bolloré Group, will expand the capacity of Freetown Terminal by building
Bolloré Group Sets Aside USD 120 Million for Freetown Terminal
French investment and industrial holding conglomerate Bolloré Group has set in motion a USD 120 million project to extend the container terminal at the Port of Freetown in Sierra Leone. Bolloré Africa Logistics, a subsidiary of Bolloré Group, will expand the capacity of Freetown Terminal by building
Fire-Stricken Barzan Reaches UK
The 18,000 TEU containership Barzan, owned by the United Arab Shipping Company (UASC), that suffered a fire a week ago while under way to Felixtowe, UK, arrived to the DP World London Gateway on Sunday evening. Following the fire, reported last Tuesday, the crew diverted the ship to Rotterdam where
Fire-Stricken Barzan Reaches UK
The 18,000 TEU containership Barzan, owned by the United Arab Shipping Company (UASC), that suffered a fire a week ago while under way to Felixtowe, UK, arrived to the DP World London Gateway on Sunday evening. Following the fire, reported last Tuesday, the crew diverted the ship to Rotterdam where
IMO: Bauxite Liquefaction Sank Bulk Jupiter
The International Maritime Organization (IMO) has warned of the possible dangers of liquefaction associated with carriage of bauxite, following consideration of findings from the investigation into the loss of the 2006-built bulk carrier Bulk Jupiter in January 2015. The Bahama-flagged Bulk Jupiter
IMO: Bauxite Liquefaction Sank Bulk Jupiter
The International Maritime Organization (IMO) has warned of the possible dangers of liquefaction associated with carriage of bauxite, following consideration of findings from the investigation into the loss of the 2006-built bulk carrier Bulk Jupiter in January 2015. The Bahama-flagged Bulk Jupiter
13 Migrants Die following Collision with Turkish Ferry
At least thirteen migrants drowned, including six children, on Sunday while they were trying to reach the Greek Island of Lesbos from Turkey in an inflatable boat, AFP reports. The dinghy went down after it crashed with a Turkish ferry in the vicinity of the port of Canakkale. Turkish Coast Guard sa
13 Migrants Die following Collision with Turkish Ferry
At least thirteen migrants drowned, including six children, on Sunday while they were trying to reach the Greek Island of Lesbos from Turkey in an inflatable boat, AFP reports. The dinghy went down after it crashed with a Turkish ferry in the vicinity of the port of Canakkale. Turkish Coast Guard sa
Baltic Dry Index Jumps to 960 Points
The Baltic Dry Index rose to 960 points on Friday, September 18th, marking an 8,72 percent rise or a jump by 77 points from Thursday, which also marked a 69 points climb, according to the Baltic Exchange in London. Average spot rates for Capesizes were up by USD 2,782 from the previous USD 14,658 an
Baltic Dry Index Jumps to 960 Points
The Baltic Dry Index rose to 960 points on Friday, September 18th, marking an 8,72 percent rise or a jump by 77 points from Thursday, which also marked a 69 points climb, according to the Baltic Exchange in London. Average spot rates for Capesizes were up by USD 2,782 from the previous USD 14,658 an
Siem Car Carriers Agrees to Pay USD 135000 Fine to US Maritime Watchdog
Oslo-based car carrier Siem Car Carriers has agreed to pay USD 135,000 fine following a compromise agreement with the U.S. Federal Maritime Commission. FMC disclosed that earlier this year Siem Car Carriers submitted a voluntary disclosure to the commission which identified certain unfiled space cha
Siem Car Carriers Agrees to Pay USD 135000 Fine to US Maritime Watchdog
Oslo-based car carrier Siem Car Carriers has agreed to pay USD 135,000 fine following a compromise agreement with the U.S. Federal Maritime Commission. FMC disclosed that earlier this year Siem Car Carriers submitted a voluntary disclosure to the commission which identified certain unfiled space cha