October 6, 2015
Present high season in container shipping has not been strong enough to support freight rates and it is questionable whether the capacity cuts that alliances...
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Author Archives: admin
October 6, 2015
The U.S. dollar rose against a basket of major currencies on Monday on renewed risk appetite in the wake of a disappointing U.S. jobs report...
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October 6, 2015
Investors cut their bets last week that the price of Brent crude oil will rise, according to data on Monday from the InterContinental Exchange (ICE)....
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October 6, 2015
The Chinese government provides incentives to the steel companies to export certain products and disincentives for others. However, the pressure is to encourage exports –...
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October 6, 2015
The three major Korean shipbuilders won orders worth just US$4.3 billion in the third quarter, while their target for this year amounted to US$47.1 billion....
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October 6, 2015
Seanergy Maritime Holdings Corp., a shipping company specializing in the ownership and operation of dry bulk vessels, announced the delivery of a 56,819 dwt Supramax...
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October 6, 2015
United Arab Shipping Company (UASC) has taken delivery of 5,500 new reefer units so far this year, as the company continues to expand its reefer...
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October 6, 2015
Rolls-Royce Holdings Plc said it will cut another 400 jobs at its marine-engines arm as the oil-price decline continues to weigh on demand for the...
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October 6, 2015
The enforcement of sulphur emission controls in northern Europe has been criticised by a leading shipping figure. (more…)
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October 6, 2015
Farstad Shipping said Friday it is planning to lay up two platform supply vessels and three anchor handling tugs in Norway, marking the latest casualty...
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October 6, 2015
The world’s biggest crude oil tankers earned more than $100,000 a day for the first time since 2008, amid speculation that a surge in Chinese...
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October 6, 2015
The Baltic Exchange’s main sea freight index, which tracks rates for ships carrying dry bulk commodities, fell on Monday as demand dropped across all vessel...
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October 6, 2015
The value of BP Plc’s settlement with the U.S. government and five Gulf states over the Deepwater Horizon oil spill rose to $20.8 billion in...
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September 28, 2015
In an exclusive interview with The Shipping Herald, Heraklion Port Authority President and Managing Director, John Bras, discusses the present and future of the port...
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