MariApps signs a massive deal with state owned Kuwait Oil Tankers Company (KOTC)
SINGAPORE : MariApps Marine Solutions (MariApps), with expertise in maritime digital solutions for maritime organizations, announced an agreement that will enhance the digitalization of Kuwait Oil Tankers’ Company (KOTC) fleet operations. Kuwait Oil Tanker
Total Movements moved huge ODC from India to South America for airside infrastructure project
MUMBAI : Total Movements, a member of the Worldwide Project Consortium (WWPC) in India, successfully executed a door-to-port movement of 8 pieces total 1200 freight tons of ODCs from the supplier’s works in India
Dry Bulk Market – Challenging Week for Capesizes : Baltic Exchange
LONDON : The capesize market started the week on a sluggish note with the PPA conference in Perth creating a quieter atmosphere, leading to reduced trading volumes in the Pacific and a softening of
Israel-Hamas War rocket attacks are leading oil tankers to make unusual moves near ports
HAIFA : Oil tankers in the Red Sea are taking unusual actions amid the Israel-Hamas war, shutting off their global tracking transponders — called Automatic Identification Systems (AIS) — in an effort to traverse
Dry Bulk Market – Capesizes on correction mode : Baltic Exchange
LONDON : The week in the capesize market concluded with a continued trend of declining rates. In the Pacific region, despite the addition of a second major player later in the week, trading remained
Dry Bulk Market: Capesize Market on the Rise : The Baltic Exchange
Capesizes Throughout the week, the cape market has displayed remarkable resilience and positivity, defying challenges such as holidays in the Far East. The Pacific market saw strong activity at the beginning of the week,
Drewry: Dry Bulkers’ earnings potential improved over the past four months
LONDON : The Drewry Dry Bulk Equity Index decreased 7.6% YTD, underperforming the S&P 500 which rose 8.1% YTD. The decline can be attributed to macroeconomic weakness caused by rising interest rates, an inflationary
Iran seizes ‘Purity’-an oil tanker, US boosting military presence
TEHRAN : Iran has detained a third tanker in the space of 19 days, as the confrontation over the control of maritime assets in the Persian Gulf heats up.“An Iranian oil tanker, which was