Paris La Défense, June 27th, 2022 – Bureau Veritas (BV), a world leader in testing, inspection and certification, has supported the design, construction and entry into operation of the Aframax…
The BDI (Baltic Dry Index) lost 23 points since yesterday and now stands at 2,331 points; on a weekly basis same was down 147 points – from 2,578… losing the…
By Reed Smith partner Nick Austin and trainee solicitor Ahmed Walley The Gothenburg Port Authority has announced a new concept to provide shoreside power to tankers berthed at the Energy Terminal…
ATHENS, GREECE, June 21, 2022 – Performance Shipping Inc. (NASDAQ: PSHG), (“we” or the “Company”), a global shipping company specializing in the ownership of tanker vessels, today announced that it…
20 June 2022, Wollerau, Switzerland, Gothenburg, Sweden and Guangzhou, China – Proman Stena Bulk, a joint venture (JV) between a leading global methanol producer Proman and one of the world’s largest…
The BDI (Baltic Dry Index) was up 116 points since yesterday and now stands at 2,578 points. Same was also up 258 points since last Friday the 10th of June…
Congestion at Shanghai remains normal, even as much of the city reimposes lockdown.Shanghai only re emerged last week from two months of lockdown, following a rise in Omicron cases in…
The BDI (Baltic Dry Index) fall continued both on a daily as well as on a weekly basis. Geopolitics given the Ukrainian mess will bother us for the foreseeable future……
ATHENS, GREECE, June 2, 2022 – Performance Shipping Inc. (NASDAQ: PSHG), (the “Company”), a global shipping company specializing in the ownership of tanker vessels, today announced the release of its…
The Dry Market had one of its worse weeks with the BDI (Baltic Dry Index) diving down to 2,681 points, thanks to the volatile Capes – losing 660 points since…
Contract with Rensen-Driessen Shipbuilding signed at Maritime Industry Show Damen Marine Components (DMC) will supply FLEX tunnels, propeller nozzles, manoeuvring systems and rudders for two innovative inland tanker vessels to…
Columbia Shipmanagement (CSM) has fired the starting gun on its most ambitious industry collaboration project yet, that will see ship owners, oil majors, classification societies, cargo interests and technology experts…
The Markets, particularly the Dry ones fell raising eyebrows; let us hope is a tempo fall as summer is here. The despicable war in Ukraine continues and unimaginable things will…
Capes’ rise lifts the BDI – now standing at 2,718, whilst Wets remain with mixed feelings. The Third World War continues with the Russian aggression in Ukraine – and possibly…
ITOPF has just published its annual Handbook for 2022/23. This contains a wealth of valuable information and guidance for those likely to be involved in spills of oil, chemicals or other cargoes…
Berthing of Cape vessels 20 Apr 2022, Paradip, IndiaCape vessels with full ahead maneuvering at speed less than 11.3kts are not allowed at Paradip Port from 1 April to 31…
Markets “hit” back- the BDI@2,137; the Ukrainian mess will continue and, possibly, might spill over… whilst COVID expands uncontrollably. Wonder what contingency plans are in place to confront the coming…
Susannah Streeter, senior investment and markets analyst, Hargreaves Lansdown ’That sinking feeling has now hit shares in Europe after falls on Wall Street amid concerns that inflationary pressures are still…
The BDI (Baltic Dry Index) approached the danger zone, that of 2,000 points as the fall continued all through the week. Wets as always volatile and peculiar. The Ukrainian mess…
4 April 2022 – Susannah Streeter, senior investment and markets analyst, Hargreaves Lansdown: ‘’As the uneasy stalemate continues between Russia and European nations about energy supplies, the price of oil…
The BDI (Baltic Dry Index) fell one point since yesterday and now stands at 2,357; on a weekly basis same was down 67 points – from 2,544 last week (25/03).…
The BDI (Baltic Dry Index) lost 60 points since last Friday the 25h of March as well as the 2,500 points threshold. Brace for Ukraine as the despicable mess continues.…
The BDI (Baltic Dry Index) lost 23 points since yesterday and now stands at 2,522; on a weekly basis same was down 61 since last week’ 2,605 losing the 2,600…
25 March 2022 – AET, a leading owner and operator of maritime transportation assets and specialised services, named its newest vessel this week, the first of another three Suezmax Dynamic Positioning (DP2) Shuttle…
24 March 2022 An information paper, based on data provided to the GSCC by IHS Markit For the 35th consecutive year the GSCC presents statistical data, in the form of…