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Maritime Market
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Russian President Vladimir Putin has instructed the government to approve legislation making the ruble the main currency of exchange at all Russian seaports by next year, according to the Kremlin website.
9/20/2017 1:42:04 PM
SUPRAMAX bulker earnings have rocketed in the past week to surpass $11,000 per day on reportedly active markets in the Atlantic and the Pacific.
9/20/2017 10:58:28 AM
Chinese yards have recorded 15.85m dwt in new order tonnage for the January to August 2017 period, representing a 11.3% year-on-year drop as shipowners’ appetite for newbuildings remained lacklustre amid the oversupply of ships.
9/19/2017 8:36:22 AM
Cosco Shipping Ports (CSP) continued with its strong pace of growth in August, with overall throughput going up 13% to 7.7m teu from 6.8m teu in the previous corresponding period.
9/18/2017 10:38:48 AM
Clarksons in its weekly report offered an analysis regarding tanker, bulker, demolition and newbuilding market.
9/18/2017 10:29:24 AM
The shipping industry has been criticised for coming up with too many ‘ifs’ and ‘buts’ when discussing the reduction of emissions.
9/18/2017 8:55:16 AM
The value of the UK Maritime Sector has been reemphasised in a new report launched by Maritime UK for London International Shipping Week.
9/17/2017 1:45:00 PM
This year, Hapag-Lloyd will once again make investments to maintain and expand its container fleet. The liner shipping company has ordered a total of 7,700 refrigerated containers (Reefers) of the latest generation – including 7,000 x 40-foot and 700 x 20-foot units.
9/17/2017 12:08:37 PM
During the first quarter of the year, new car exports and imports passing through the Port of Gothenburg rose by 12 per cent compared with the first quarter of 2016.
9/16/2017 12:18:01 PM
CMA CGM recorded a net income of $219 million on revenues of $5.55 billion for the second quarter of 2017, with volumes rising 33.3 percent year-over-year. Volumes carried grew with the integration of APL, the launch of OCEAN ALLIANCE and the industry dynamism, the company said.
9/16/2017 12:14:45 PM
Last Word: The Smart thing to do
GDP GREW BY £4.80 FOR EACH £1 THAT GOVERNMENT SPENT ON MARITIME TRAINING. UK government subsidies for maritime training yield an almost fivefold return to the country’s gross domestic product, according to a new report that calls for an increase in government spending.
9/16/2017 10:07:51 AM
Representatives of the British and Hong Kong maritime business sectors have agreed to forge a closer working relationship.
9/16/2017 10:04:26 AM
The period of rate stability in container shipping that followed the bankruptcy of Hanjin Shipping is coming to an end according to analyst Alphaliner.
9/16/2017 10:02:41 AM
THE panamax bulker segment entered the current week strongly compared with the other dry bulk segments, with rates popping up in the Atlantic as well as the Pacific region.
9/14/2017 11:30:54 AM
More than 10 main seaports located in China’s three Emissions Control Areas (ECAs) along the country’s sprawling eastern coastline have implemented the 0.5% fuel sulphur cap, as part of a national effort to curb harmful emissions from ships at berth.
9/14/2017 9:03:28 AM
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