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Britain, EU tell each other to give way in ‘difficult’ trade talks

Britain insisted on Sunday that the European Union should budge to open the way to a new, post-Brexit trade pact, drawing a swift response from the bloc’s negotiator defending the union’s right to protect its interests. With less than two...

Capesize secondhand sales bonanza in Q4

The Capesize market in Q4 thus far was defined by a steady decline in BDI with a recent small uptick during December. After its 5TC average peaked in the first days of October to US$33.500/d, it is now hovering...

Baltic index weakens on lower panamax, supramax rates

The Baltic Exchange’s main sea freight index slipped on Monday, as weaker panamax and supramax rates more than offset rising capesize rates. The Baltic dry index, which tracks rates for capesize, panamax and supramax vessels, snapped an eight-session streak...

Persistently tight containers market expected into 2021 as contract talks evolve

The existing challenges in the container market are likely to persist into the first quarter of the next year as firm demand meets supply constraints and logistical bottlenecks, market sources said. “All shipping liners have verified that demand is...

IMO Secretary-General denounces “no crew change” clauses

IMO Secretary-General Kitack Lim has spoken out against “no crew change” clauses in charterparties, pointing out that such clauses exacerbate the dire situation of stranded seafarers and undermine the efforts undertaken to resolve the ongoing crew change crisis. So-called...

Genco Shipping & Trading to Acquire Three Modern, Fuel-Efficient Ultramax Vessels in Exchange for...

Genco Shipping & Trading Limited, the largest U.S. headquartered drybulk shipowner focused on the transportation of major and minor bulk commodities globally, today announced that it has entered into an agreement to acquire three modern, eco Ultramax vessels in...

EU Smart And Sustainable Mobility Strategysea

SEA Europe welcomes the European Commission’s Smart and Sustainable Mobility Strategy, published on 9 December. This new strategycovers all modes of transport, including waterborne transport. But, for the first time, it also covers relevant points from the perspective of...

Wärtsilä LPG Fuel Supply System to be retrofitted to an additional three BW LPG...

The technology group Wärtsilä’s industry leading R&D investments in enabling liquefied petroleum gas (LPG) to become a viable marine fuel has resulted in a further order for the company’s LPG Fuel Supply System (LFSS). Oslo-listed BW LPG, the world’s...

Stena Line fast tracks introduction of additional Rosslare – Cherbourg ferry to assist freight...

The Stena Foreteller is to be redeployed on the direct route to the Continent following border closures between the UK and France. In light of recent international border closures which have seriously impacted freight flows, Stena Line has confirmed...

MHSS Delivers Free Services To Seafarers Struggling Over Festive Period

One of the shipping industry’s leading specialists in seafarer mental health support is offering seafarers and shore-based staff free access to clinical psychologists and a confidential 24/7 mental health hotline to help them over the festive period. Mental Health...

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Bahri’s excellence in human resource management recognized with ‘Team of the...

Cementing its stellar reputation for promoting best practices in people management, Bahri, a global leader in logistics and transportation, bagged today the ‘GCC GOV...

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