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Merchant Navy

MSC Wins ‘Seafarer Of The Year’ In Inaugural CrewConnect Global Industry Awards

MSC’s Master Maksym Cherniy has won Seafarer of the Year in the inaugural CrewConnect Global Industry Awards, held at the CrewConnect Global conference in Manila, in the Philippines.CrewConnect Global Industry Awards ,

LNG Shipping Rates Are Spiking and It Could Stay This Way for a Long Time

Rates for LNG carriers have boomed of late, with ship owners, active in this niche market, already reaping the benefits.

Global Ship Lease announces new long-term charter agreements between Poseidon Containers and CMA CGM

Global Ship Lease a containership charter owner, has announced that Poseidon Containers, with which Global Ship Lease has entered a definitive merger agreement, has agreed five-year charters with CMA CGM

TOP Ships Signs New TC with BP

Greece-based ship-owning company TOP Ships announced that it has agreed a new time charter employment contract for 2 years with BP Shipping Ltd for its product/chemical tanker M/T Eco Revolution.

Alliances Raise Overcapacity and Competition Concerns

The International Transport Forum has released a report The Impact of Alliances in Container Shipping highlighting the link between alliances and overcapacity, declining schedule reliability and longer waiting times.

German Shipping Operator Sentenced to Pay $3.2 Million

German shipping company MST Mineralien Schiffahrt Spedition und Transport GmbH (MST) pleaded guilty and was sentenced in Portland, Maine

BBC Chartering Joins Seaboard to Create “Andino Service”

As part of their mission to improve services for shippers moving cargo between the US Gulf Coast, Jamaica, and ports in Ecuador, Peru and Chile, Seaboard Marine and BBC Chartering

Future India – China Container Transshipment Cooperation

Over the past several years, the BRIC member nations of India and China have experienced vibrant economic growth.

Sovcomflot Tanker ‘Gagarin Prospect’ Successfully Completes First Commercial Voyage On LNG

Sovcomflot crude oil tanker Gagarin Prospect, operating on LNG fuel, successfully completed her voyage across the Baltic and North Seas from Primorsk to Rotterdam

EU Okays CMA CGM’s takeover of Containerships

European Commission’s competition regulators has approved CMA CGM acquisition of Container Finance, the holding company that controls regional container operator Containerships.

LNG Shipping Rates Double Since End-August

Headline rates for shipping liquefied natural gas (LNG) in Pacific and Atlantic basins stand at around $140,000 to $150,000 a day for a 160,000 cubic meter LNG tri-fuel diesel electric (TFDE) vessel, brokers say.

CMA CGM Strengthens Grip on CEVA Logistics

CMA CGM and CEVA Logistics have signed a new  partnership agreement that ensures CMA CGM's role as a long-term strategic partner and transfers its freight management services to CEVA Logistics.

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