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Tag Archives: Ports

Ports & Shipping

Shipping News

ABB presents recommendation for zero-emission marine technology ABB Marine & Ports delivered testimony in the US House of Representatives Committee on Transportation and Infrastructure about the future of marine technologies. Underpinning ABB’s commitment to tackling the ever-increasing consequences of climate …

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Ports & Shipping

Shipping News

How will technology shape the shipping industry in 2020? The impact of technology on the shipping industry will grow in 2020, as companies increasingly introduce cloud-based software and apps in their businesses. The increased availability, reliability and reduced cost of …

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Ports & Shipping

Shipping News

Dry bulk newbuilding activity took a dive in 2019 While 2019 was a year of great turbulence in the dry bulk market, some silver lining can be found in the fact that future tonnage supply could be limited, at least …

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Ports & Shipping

Shipping News

Demolition market fired up Ships’ recycling activity has accelerated over the past couple of weeks, in what appears to be a long-awaited increase in sales of older vessels. In its latest weekly report GMS, the world’s leading cash buyer of …

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Ports & Shipping

Shipping News

More green ship recycling under way Ships’ demolition activity has been on the rise over the last couple of weeks. In its latest weekly report, shipbroker Clarkson Platou Hellas noted that “We have witnessed several more units entering the market …

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Ports & Shipping

Shipping News

Maritime industry confronts boatload of environmental challenges Keeping up in a world hurtling toward the dawn of the IMO 2020 mandate is the biggest challenge facing the maritime industry, according to Kathy Metcalf, president and CEO of the Chamber of …

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Ports & Shipping

Shipping News

WORLDWIDE SHIPPING INDUSTRY Baltic index sheds over 7pc to touch 4-month trough The Baltic Exchange’s main sea freight index, which tracks rates for ships ferrying dry bulk commodities, slid more than 7 percent to its lowest in over four months …

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Ports & Shipping

Shipping News

WORLDWIDE SHIPPING INDUSTRY Baltic index falls on softer capesize demand The Baltic Exchange’s main sea freight index, which tracks rates for ships ferrying dry bulk commodities, fell on Thursday, weighed down by lower demand for capesize vessels. The Baltic index, …

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Ports & Shipping

Shipping News

WORLDWIDE SHIPPING INDUSTRY Shippers looking to reduce the carbon footprint From higher-quality paint to state-of-the-art propellers: shipping companies are looking in every corner to reduce their carbon footprint as investor and activist pressure increases. The move comes as aviation and …

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Ports & Shipping

Shipping News

WORLDWIDE SHIPPING INDUSTRY Baltic index hits one-week trough on sluggish demand The Baltic Exchange’s main sea freight index, which tracks rates for ships ferrying dry bulk commodities, fell to a one-week low on Wednesday, on weaker demand for all vessel …

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Ports & Shipping

Shipping News

WORLDWIDE SHIPPING INDUSTRY Shipping confidence dips as trade wars intensify Confidence in the shipping industry fell in the past three months to its lowest level for two and half years, according to the latest Shipping Confidence Survey from leading shipping …

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Ports & Shipping

Shipping News

WORLDWIDE SHIPPING INDUSTRY Baltic index down for 6th straight session on sliding Panamax rates The Baltic Exchange’s main sea freight index, which tracks rates for ships carrying dry bulk commodities, posted its sixth consecutive fall on Wednesday, hurt by declining …

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