Maersk to equip five tankers with bound4Blue’s wind-assisted eSAIL
COPENHAGEN : Maersk Tankers has placed an order for bound4Blue’s wind assisted propulsion system (WAPS) to power its five vessels. The agreement marks bound4blue‘s largest WAPS deal to date, involving the installation of 20 type-approved
ONE Europe unveils advanced flat rack solution for special cargo, strengthening regional freight capabilities
SINGAPORE : Ocean Network Express (ONE) EAU is experiencing high interest and growing bookings for its new Flat Rack container solution. Launched in 2023, this solution is designed to revolutionise specialist cargo transport with
Trump presidency seen as bullish for tanker rates in US, Middle East; Russia wild card
WASHINGTON D. C. : A second Donald Trump presidency could push up tanker rates in the Middle East and the US Gulf while ushering in great uncertainty over Russia-related trades, some analysts recently said
Guidelines to Flexitank Safety Issued
LONDON : Global freight insurance provider, TT Club has issued the latest in its series of Stop Loss publications together with the Container Owners Association (COA). Focusing on the increasingly popular flexitank unit to
Sumant Ahlawat joins Apeejay Shipping as new CEO
KOLKATA : Indian bulker owner Apeejay Shipping has tapped ship management giant V.Group for its new Chief Executive Mr. Sumant Ahlawat , he has joined as CEO in Kolkata, after 10 years at the
Attacks on ships in Ukraine threaten 1% of dry bulk market : BIMCO
LONDON : “Since September 2024, five merchant ships have been hit by Russian missiles while in Ukrainian ports or waters. These were the first attacks on merchant ships since November 2023 and they could
BSC chartered Vessel from abroad as back-to-back fires on oil tankers raise concern
DHAKA : The Bangladesh Shipping Corporation (BSC) has chartered a vessel from abroad to transport crude oil from mother vessels to the Eastern Refinery, as back-to-back fires on its two oil tankers have raised
Drewry introduces new Breakbulk Sea Transport Indices and incorporates within its Multipurpose Forecaster service
LONDON : To better reflect the nuances of the multipurpose sector, Drewry has introduced Breakbulk Sea Transport Indices for both Project and General Cargo vessel segments, replacing the previous Multipurpose (MPV) Time Charter Index.