BIMCO adopts SHIPMAN 2024
LONDON : The updated version of SHIPMAN, BIMCO’s widely used ship management agreement, was adopted by the Documentary Committee at its meeting on 22 March in Hamburg after
Baltic index slides for seventh straight sessions
LONDON : The Baltic Exchange’s main dry bulk sea freight index on Wednesday fell for the seventh consecutive session to its lowest levels in more than a month,
ClassNK grants Innovation Endorsements for Products & Solutions to two innovative initiatives b
TOKYO : ClassNK has granted its Innovation Endorsements for Products & Solutions*1 to two initiatives by Mitsui O.S.K. Lines, Ltd. (MOL), “FOCUS” and “Sustainable Seafaring, Wellness Living”. “FOCUS” is
International® Marine Coatings reveals Whitepaper for VLCC Vessels
SINGAPORE : International® Marine Coatings has published a new whitepaper which reveals the high degree of accuracy of its predictive Intertrac® Vision tool to real life vessel operations by correlating
Pacific Basin leads the largest adoption of graphene-based coating in the dry bulk segment
HONG KONG : In a proactive move towards energy efficiency and environmental sustainability, Pacific Basin, a leading dry bulk shipping company, has decided to apply a sustainable graphene-based
Biden praises prompt action of Indian crew of ship which hit Baltimore bridge
WASHINGTON : US President Joe Biden hailed the prompt action of the 22-member Indian crew of the cargo ship that struck and demolished a key bridge in Baltimore for saving
Logistics companies scramble after bridge collapse closes Port of Baltimore until further notice
BALTIMORE : Logistics companies up and down the East Coast were urgently relaying messages back and forth to clients Tuesday on the status of their imports and exports
Coal India trades in red hours after Baltimore bridge collapse shuts major coal shipping port
NEW DELHI : Shares of Coal India traded in the red intraday after making some early gains on March 27. The movement in share price of the coal miner was
COSCO SHIPPING announces the signing of two strategic cooperation deals
SHANGHAI : COSCO SHIPPING announced the signing of two cooperation agreements earlier in March here. COSCO SHIPPING and CITIC Group, a large multinational conglomerate specializing in both financial
Latvian port equipment manufacturer Bleste introduces new bulk handling ‘bucket’
JURMALA : Bleste Sia introduces its new ‘Bleste Bucket’ bulk handling solution. The Bleste Bucket is a modern iteration of the traditional bulk grab container, however, this innovative yet