New shipowners join Bluepool Panamax pool
LONDON : Castor Maritime and Sea Tribute Shipmanagement are the latest companies to enter vessels into the Bluepool Panamax dry bulk shipping pool. Castor Maritime, a NASDAQ listed
Inmarsat verifies unparalleled 340 Mbps NexusWave download speeds to demonstrate power of network bo
LONDON : Inmarsat Maritime, a Viasat company, has verified its fully managed bonded connectivity service, NexusWave, achieved maximum download speeds of 330–340 megabits per second, with maximum upload
Shipping risks via Red Sea remain elevated despite Israel-Hamas ceasefire
LONDON : Most shipping companies and charterers will continue to route their tankers and cargoes via the longer Cape of Good Hope for the time being, despite the
Leverage GIFT City for Shipping
GANDHINAGAR : Considering India’s burgeoning import of transport services, which touched a whopping $109 billion in 2022, there is a proposal to form a new shipping company having
Charter owners’ share of fleet has fallen to 40%, lowest since 2002 : BIMCO
LONDON : The charter owners’ container fleet has grown at an average annual rate of 3.2% for the past twelve years and currently stands at 11.7m TEU. The
MISC signs 15-year time charter parties with QatarEnergy
KUALA LAMPUR : MISC Bhd’s indirect wholly-owned subsidiaries have signed time charter parties with Qatar’s state-owned energy firm for the charter of three newbuild liquefied natural gas (LNG)
Cargo ships facing Attacks opt to change course
LONDON : Cargo vessels are being warned to be extra vigilant sailing near Yemen and Somalia after a spate of attacks on merchant shipping in the vicinity of Israel’s war
Shipnext supports smarter shipping with free access for Institute of Chartered Shipbrokers Members a
LONDON : The Institute of Chartered Shipbrokers (ICS), a leading professional body for the maritime industry, and Shipnext, the digital SaaS (Software-as-a-Service) shipping platform and marketplace, are pleased
Containership Time-Charters Break New Records
GREECE : Four-year-plus charter deals are becoming the norm as shipowners ratchet up the pressure on liner companies. As their confidence of the sustainability of currently elevated freight