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Maritime

Dry bulk FFA market: Pre-Golden Week holiday euphoria for Capesizes

Market sentiment for Capesize market was on the rise this week despite the widening gap between the physical and paper market.

Future USS South Dakota Delivered to US Navy

The U.S. Navy accepted delivery of the 17th submarine of the Virginia class, the future USS South Dakota (SSN 790), on September 24.

Hapag-Lloyd: Increased service quality and efficiency with enhanced Mediterranean – U.S. East Coast service

Hapag-Lloyd, Ocean Network Express, and Yang Ming have announced the strategic cooperation with CMA-CGM, COSCO, and OOCL to enhance their Mediterranean – U.S. East Coast service AL6

U.S. Gives Ukraine Two Cutters as Kerch Strait Tensions Grow

The U.S. Coast Guard is preparing to transfer two Island-class cutters, the Drummond and the Cushing, to the Ukrainian government. In a sign of its significance for Kiev, Ukrainian President Petro Poroshenko

Maersk implements new dangerous goods stowage guidelines following tragic Maersk Honam fire

Following the tragic fire on the Maersk Honam earlier this year that left five dead Maersk Line has new guidelines for the stowage of dangerous cargoes across all 750 vessels in its fleet.

China’s Biggest Shipping Company Opens in Bosnia

COSCO shipping lines, China’s largest state-owned international and domestic container shipping and related services company, is opening its first branch in Sarajevo.

Poland to build Baltic Sea canal to bypass Russia

Poland wants to build a canal through a narrow strip of land that blocks the Vistula Lagoon on the north-east coast from the Baltic Sea. 

Poland to build Baltic Sea canal to bypass Russia

Poland wants to build a canal through a narrow strip of land that blocks the Vistula Lagoon on the north-east coast from the Baltic Sea. 

China Bars USS Wasp from Calling at Hong Kong

In a sign of the increasing tensions between Beijing and Washington, China has turned down a U.S. Navy request for an upcoming port call in Hong Kong. 

Germany’s Commercial Shipping Fleet Shrinks by a Third

Germany, one of the world’s main maritime players, saw its commercial fleet shrink by a third over the past six years, becoming the biggest loser in a vicious industry slump that has reshaped global shipping.

Novatek Ships First Yamal LNG to Brazil

Russia's Novatek has shipped its first LNG cargo to Brazil: the LNG was produced from the Yamal LNG project. The cargo was delivered to the Bahia Regasification Terminal owned by Petrobras.

CMA CGM say sulphur cap to cost an additional $160 per teu

Container line CMA CGM says the 0.5% sulphur cap in 2020 will cost an additional average of $160 per teu, and will be charged to customers through fuel charges.

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