News

News

bahri

December 15, 2017

To steer the next phase of its growth, Bahri, a global leader in transportation and logistics, has appointed Abdullah Aldubaikhi as the company’s new Chief...
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Navios Acquisition

December 15, 2017

Navios Maritime Containers Inc., a growth vehicle dedicated to the container sector, announced today that it has taken delivery of four 2008-built Panamax containerships. (more…)
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safe bulkers

December 15, 2017

Safe Bulkers, an international provider of marine dry-bulk transportation services, announced that it has acquired a 92,000 dwt, South Korean 2010 built, dry-bulk, Post-Panamax class...
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SCF

December 15, 2017

Building the $27 billion Yamal liquefied natural gas project meant shipping more than 5 million tons of materials to construct a forest of concrete and...
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goldman_sachs

December 15, 2017

Big Oil’s slump is over and industry domination beckons, according to Goldman Sachs Group Inc. (more…)
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bitcoin

December 15, 2017

Blockchain is upending the world’s financial markets with the rise of bitcoin, and now the digital-ledger system is poised to do the same next year...
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MHI-MME-MOU

December 15, 2017

The technology group Wärtsilä and Mitsubishi Heavy Industries Marine Machinery & Equipment Co., LTD (MHI-MME) have signed a Memorandum of Understanding (MOU) regarding the commercial...
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IMO_Logo

December 15, 2017

The second phase of an IMO-implemented project to enhance safe and environmentally sound ship recycling in Bangladesh is set to begin in January, following a...
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Capesize_bulk_carrier

December 15, 2017

Freight rates for large dry cargo ships on key Asian routes could slip next week, although they are expected to remain close to three-year highs...
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wheat_

December 14, 2017

Chicago wheat futures ticked up on Wednesday, with the market steadying after dropping for the past seven sessions during which it touched its lowest since...
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A flag with the Organization of the Petroleum Exporting Countries (OPEC) logo is seen before a news conference at OPEC's headquarters in Vienna, Austria December 10, 2016. REUTERS/Heinz-Peter Bader

December 14, 2017

The OPEC Reference Basket surged near 10% to $60.74/b in November, its highest since June 2015. (more…)
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Container_COSCO

December 14, 2017

The Greek government and the country's international creditors have agreed that the contract for the concession to the ETVA BIPE - Goldair consortium of a...
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Shipping-emissions

December 14, 2017

Ship owners taking part in the Green Marine environmental certification program say they have achieved a 1.4% average annual reduction in greenhouse gases (GHG) intensity....
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moodys

December 14, 2017

Consolidation, whether through alliances or M&A, will continue apace in the container shipping industry into 2018 as companies try to boost market share, improve efficiency,...
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maersk-sentosa

December 14, 2017

Uncertainty is building on the trans-Pacific trade, as rates fall to 12-month lows, excess capacity floods into service, and Maersk Line prepares to exit the...
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