size groups at very depressed levels this year A report from BIMCO at the start of May showed that VLCC spot earnings slumped to record lows of just $6,000 a day for the first four months of the year, while Allied Shipbroking
reported three weeks ago that VLCCs have been making an average loss of $2,100 a day this year. In the last couple of weeks however rates have flattened out while scrapping continues apace.
spokesman Col. Aziz Rashed told media in Sanaa, Yemen that rebel forces had struck an unnamed UAE warship with two missiles. UAE government sources confirmed the attack in comments to CNN on Wednesday. Fighting on the
ground is focused on the area around Hodeidah’s airport, to the south of the city, and the UN reported that aid shipments continued to flow at Hodeidah’s port.
barrels per day of oil export volume offline, according to Libya’s National Oil Corporation, and the operating staff have been evacuated at both sites. Units with the Benghazi Defense Brigades launched an assault on Libyan
National Army (LNA) positions near Es Sider and Ras Lanuf on Thursday.
various industries and backgrounds, who combine a wealth of experience in both the shipping and investment sectors. In joining forces, HCMs specialists cover all aspects ranging from deal sourcing to acquisition, shipmanagement and operations to vessel disposal.
for vessels globally becomes mandatory. The 70th session of the IMOs Marine Environment Protection Committee adopted a resolution, making it mandatory for ships to collect and report their fuel oil consumption data January 1,
Brazils agricultural exports. The countrys agricultural minister, Blairo Maggi, told reporters yesterday that at least 60 ships are facing delays at the moment.
cost of fuel and the advantages of reducing related air emissions into the environment are among the factors behind this, a spokesman for MSC said. The initiative is driven by a need to become more reliable and punctual,
which is an issue facing the whole industry, the spokesman added.
just after midnight on Thursday. The fire was reportedly caused by an explosion in one of the shipping containers and later spread to about 60 other containers.
FEPORT (The Federation of European Private Port Companies and Terminals) premises to discuss the current challenges for the cargo handling industry. The Port Equipment Manufacturers Association (PEMA) said that it has been acknowledged
that transformations occurring in the logistics chain call for a closer technical interaction between terminals and manufacturers.
Bunbury, Western Australia, on June 23. Jag Arnav sustained minor damage and no injuries to the crew. Total Response sustained structural damage to its bow and deck, and two crew members received lacerations and abrasions.
Both vessels were able to resume their passage.
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