The Baltic Exchange’s dry bulk sea freight index extended gains for a fourth straight session to hit an over one-month high on Wednesday, buoyed by firm rates in the capesize and supramax segments. The overall index, which factors in rates for capesize, panamax and supramax shipping vessels, was up...
https://www.hellenicshippingnews.com/baltic-index-rises-as-capesize-supramax-segments-post-gains/
Manta Marine Technologies formerly known as Yara Marine Technologies (YMT) unveils their new brand and leadership team, following its recent acquisition by Geneva-based Okapi Supply Trading Advisory SA. These changes mark a new era for the company, which intends to expand its existing customer...
https://www.hellenicshippingnews.com/manta-marine-technologies-unveils-new-leadership/
Spot differentials for high sulphur fuel oil (HSFO) held in discounts as of Wednesday, while residual fuel stockpiles at the UAE’s Fujairah fell to a seven-month low, latest data showed. More supply has been flowing from the Middle East to Asia this month, ship-tracking data showed this week....
Today, the International Chamber of Shipping (ICS), the global trade association for shipowners and operators, which represents over 80% of the world merchant fleet, launches a set of ‘Industry principles for establishing effective measures to combat and eliminate harassment and bullying in the...
ZeroNorth and Alpha Ori Technologies have announced today that they have received all required regulatory approval for their agreement to join forces. It means that today is day one of the two organisations as a new, integrated business under the name ZeroNorth. The milestone kicks off an ambitious...
In the final days of February, the dry bulk freight market appeared to maintain a relatively stable momentum, particularly evident in the large vessel size categories where rates remained close to the highs reached in the third week, notably on the Capesize Brazil to North China route and Panamax...
VIKAND, the global leader in maritime healthcare, is providing V.Ships Greece with officer training programmes designed to improve mental health and wellbeing onboard, and to reduce incidences of self-harm and suicide at sea. The training modules aim to increase the officers’ knowledge and...
https://www.hellenicshippingnews.com/vikand-supports-v-ships-greece-with-mental-health-training/
BIMCO has published two standard Quiet Enjoyment Letters (QELs), the first standard form QELs available to the industry, to offer a tool that can ensure the charterers’ uninterrupted use of a ship if the owner defaults under the financing facility. The QELs will be provided by the lender to the...
Enaex S.A., a Chilean ammonium nitrate producer, and NYK Bulk & Projects Carriers Ltd. (NBP), a member of the NYK Group, signed a memorandum of understanding (MoU) in January to jointly research the feasibility of supplying low-carbon ammonia to ammonia-fueled ships. NBP will build 10 to 15...
Auramarine Auramarine, the leading provider of fuel supply systems for the marine, power and process industries, has signed a cooperation agreement with Yiu Lian Dockyards (Shekou) Co., Ltd. and Guangzhou Jihai Shipping Material Co. Ltd. in order to drive the implementation and uptake of methanol...