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Maritime Market
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According to a law firm, Reed Smith the biggest opportunities for shipping in blockchain lie with digitizing the supply chain, electronic bills of lading, marine insurance, and smart contracts.
3/7/2018 4:04:44 PM
Cosco Shipping Energy Transportation has taken up a 51% stake in Petrochina Dalian for RMB396.6m ($62.7m).
3/7/2018 4:02:16 PM
Japan's Mitsui O.S.K. Lines (MOL) has announced a major restructuring that will become effective from April 1.
3/4/2018 3:32:16 PM
Clarksons describes the markets of tanker, bulker and shipbuilding of last week.
3/4/2018 3:15:37 PM
Two of the most discussed issues in the international maritime industry in recent years have been the implementation of Ballast Water Management Convention and the approaching 2020 Sulfur Cap.
3/4/2018 10:56:10 AM
World crude steel production for the 64 countries reporting to the World Steel Association (worldsteel) was 139.4 million tonnes (Mt) in January 2018, a 0.8% increase compared to January 2017.
3/3/2018 10:03:44 AM
Malaysia’s MISC Berhad (MISC) took delivery of the fourth in a series of five Moss-type Seri C Class liquefied natural gas (LNG) carriers, the Seri Camar, on February 28.
3/2/2018 12:29:40 PM
Hapag-Lloyd has started to reap fruit from its merger with the United Arab Shipping Company (UASC) based on the preliminary figures for the full year 2017.
3/2/2018 12:23:16 PM
Samudera Shipping Line saw recovery in its key container shipping business even as it appeared to leave its home Indonesian market to seek its fortunes on further shores.
3/2/2018 12:20:27 PM
APL continues to boost its Asia-Latin America connections with the launch of three new services that will enhance direct connectivity of Asia, Mexico, Central America and West Coast South America (WCSA) and provide faster transit times to and from Asia partially aimed at the fresh fruit and perishable commodities market from Central and South America.
2/28/2018 8:14:20 AM
Freight rates are raring to go after a long break of the Lunar New Year. With cargo volume returning in the Asia-Pacific and Atlantic capesize market, and strong bids seen in the supramax paper market, the Baltic Dry Index (BDI) has climbed to a three week high on Thursday, 22 February at 1,167, up 21 points at day-on-day basis.
2/27/2018 9:32:26 AM
China surpassed South Korea to become the world’s second-largest importer of liquefied natural gas (LNG) in 2017, according to data from IHS Markit and official Chinese government statistics.
2/27/2018 9:32:08 AM
CMA CGM has placed orders for up to 12 liquefied natural gas-fuelled 14,000 teu containerships from South Korea’s Hyundai Heavy Industries.
2/26/2018 3:15:55 PM
Maersk Group wants to unify its transportation services into a seamless global network for shippers, from pickup to dropoff, in a bid to become a sole-source provider of logistics solutions.
2/22/2018 10:27:33 AM
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