ABS Shares Latest Industry and Technology Developments with Qatar amp 39 s Maritime Industry Leaders amp nbsp amp nbsp Hellenic Shipping News Worldwide....
Imo
Published 4y-10mo-2w-4d-18h-31m ago
amp 39 It was my son and I amp 39 m never going to forget amp 39 | HollandStrong Memorial Ice Fishing Derby in honor of Maine man scheduled for Saturday amp nbsp amp nbsp NewsCenterMaine.com WCSH WLBZ....
Port News
Published 4y-10mo-2w-4d-21h-35m ago
Indian majors have to balance between rising crude prices, muted demand and heavy central and state levies on retail prices, reports the Business Standard. Crude oil cuts When Saudi Arabia announced a crude oil production cut on January 5, it took the world of petroleum by surprise and created a deg....
Mfame
Published 4y-10mo-2w-4d-21h-53m ago
Savannah based Colonial Group Inc. has announced a new era of leadership as it prepares to mark a major milestone in the company’s history in 2021.Christian B. Demere Demere has been named chief executive officer, succeeding his father, Robert H. Demere, Jr.....
Marine Link
Published 4y-10mo-2w-4d-22h-10m ago
What started as a red hot container market for Far East to U.S. trades has now spread to other routes, with rates from the Far East to Brazil seeing particularly high spot rates, BIMCO says. On January 24, 2021, the base freight rate for a forty…....
Marine Link
Published 4y-10mo-2w-4d-22h-25m ago
Globus Maritime Limited announced yesterday that it has entered into a securities purchase agreement with certain unaffiliated institutional investors to issue 2.6 million of its common shares or pre funded warrants in lieu thereof and purchase warrants to purchase up to an aggregate of 1.95 milli....
Hellenic Shipping News
Published 4y-10mo-2w-4d-22h-51m ago
amp 34 Average export spot rates on the India US trades are currently at $3,205 per TEU and $4,010 per FEU from Jawaharlal Nehru Port Trust above and Mundra to the US East Coast. Photo credit: JNPT. amp 34 / Indian shippers hoping for relief from soaring ocean freight pricing se....
Joc
Published 4y-10mo-2w-4d-23h-27m ago
Royal IHC has been awarded the contract for the design and engineering of a 6,500yd3 trailing suction hopper dredge TSHD for U.S. based Cashman Dredging amp Marine Contracting Co., LLC.The tailor made shallow draft TSHD design combines advanced technology with a high level of maneuverability…....
Marine Link
Published 4y-10mo-2w-4d-23h-29m ago
amp 34 Speakers at the SMC3 conference said future changes in truck driver work rules are likely to be incremental rather than “revolutionary.” Photo credit: Bitkiz/ . amp 34 / US trucking companies and freight shippers should expect more tinkering with truck driver hours of s....
Joc
Published 4y-10mo-2w-4d-23h-44m ago
In the more than two decades since the Kyoto Protocol was adopted, national policies on climate change have had dangerously and disappointingly little effect on global emissions.Within the current economic system, perhaps the most ambitious…....
Marine Link
Published 4y-10mo-2w-4d-23h-50m ago
On Jan 27, HMM announced that it will deploy its first extra loader on the Korea Europe route on Jan 31 to help Korean companies ship their export products on schedule, says an article published in Business Korea. Extra Loader Deployments The shipping company has recently deployed its 9th extra load....
Mfame
Published 4y-10mo-2w-5d-16m ago
Finnish technology group Wärtsilä announced Thursday it has secured a deal to supply dual fuel engines for six new 172,500 cubic meter capacity liquefied natural gas LNG carriers being built by South Korea amp 39 s Daewoo Shipbuilding and Marine…....
Marine Link
Published 4y-10mo-2w-5d-24m ago
Ships in port, at the SBM, at the anchorage and and ships passing Durban at the time of the report.
The post DURBAN DAILY SHIP MOVEMENTS 28 January 2021 appeared first on Africa Ports.
....
Africa Ports
Published 4y-10mo-2w-5d-35m ago
A plunge in the volume of crude oil stored on ships combined with unexpected cuts from top producer Saudi Arabia have created a glut of vessels available for hire, pressuring the outlook for supertankers this year.Earnings for very large crude…....
Marine Link
Published 4y-10mo-2w-5d-1h-3m ago
The World Bunker Index MABUX was steady over a week with no real firm trend. The 380 HSFO index rose slightly from 365.63 USD/MT to 365.92 USD/ MT +0.29 USD , VLSFO added only 1.43 USD: from 460.00 USD/MT to 461.43 USD/MT while MGO gained 2.59 USD and changed from 515.42 USD/MT up to 518.01 USD/MT.....
Global maritime Hub
Published 4y-10mo-2w-5d-1h-55m ago
Pirates who kidnapped 15 sailors from a Turkish crewed container ship in the Gulf of Guinea on Saturday have made their first contact with the shipping company to discuss a ransom, Turkish state media reported on Thursday.“Communication has been established with crew members of the Mozart containe....
Marine Link
Published 4y-10mo-2w-5d-2h-11m ago
Concordia Maritime earned a lot of money in the spring, but when the oil price war ended, rates and demand went down. This hit the Swedish product tanker operator with a full year deficit for 2020. The tanker market is not expected to recover before the second half of 2021.....
Shipping Watch
Published 4y-10mo-2w-5d-2h-11m ago
The Baltic Exchange amp 39 s main sea freight index, which tracks rates for ships carrying dry bulk commodities, dropped for the fifth session in a row on Thursday, as rates waned for capesize and panamax vessel segments.The Baltic dry index, tracking rates for capesize, panamax and supramax vessel....
Marine Link
Published 4y-10mo-2w-5d-2h-30m ago
A major voice of the European shipbuilding industry has proposed to set up a dedicated EU Maritime Fund – as an opt out alternative to an inclusion of shipping into the EU Emission Trading Scheme ETS .....
Maritime Journal
Published 4y-10mo-2w-5d-2h-41m ago
The BPA has published the results of a survey of UK ports to illuminate the issues they are facing at present and their view of the year ahead. The two thirds of ports said they felt ‘somewhat confident’ about the business outlook for 2021. A third said they felt ‘not so confident’. When ask....
Hellenic Shipping Port News
Published 4y-10mo-2w-5d-2h-51m ago
Haifa Port, the largest and busiest port in Israel, on Tuesday reported an all time record high in container handling despite the COVID 19 outbreak in the country. The Mediterranean port, located in the northern city of Haifa, handled a total capacity of about 1.47 million TEU twenty foot equivalen....
Hellenic Shipping Port News
Published 4y-10mo-2w-5d-2h-51m ago
China has bought amp 8220 roughly 200 million gallons amp 8221 of U.S. ethanol for the first half of 2021, matching its previous record for annual imports of the corn based biofuel, Archer Daniels Midland Co Chief Financial Officer Ray Young said. The accelerated imports are among several positi....
Hellenic Shipping Freight News
Published 4y-10mo-2w-5d-2h-51m ago
Indian Oil Corp bought a liquefied natural gas LNG cargo for delivery over late February to early March and is seeking another cargo for delivery in March, three industry sources said. It bought the cargo for delivery over Feb. 20 to March 5 at $8.70 per million British thermal units mmBtu from ....
Hellenic Shipping Freight News
Published 4y-10mo-2w-5d-2h-51m ago
What had the potential to become another disappointing year for the specialized cargo and heavy lift carriers in mid 2020, turned out to be a surprisingly good year. ShippingWatch has interviewed the CEOs of AAL and United Heavy Lift about the current market.....
Shipping Watch
Published 4y-10mo-2w-5d-3h-29m ago
Maersk is likely headed for an operating profit of more than USD 6 billion in the first three months of the year and USD 10 billion for 2021 as a whole, projects Clarksons Platou Securities. A quarterly increase of 50 percent in freight rates could boost the operating profit.....
Shipping Watch
Published 4y-10mo-2w-5d-3h-57m ago