Maersk Line has decided to hand over the management of six vessels to Bernhard Schulte Shipmanagement (BSM). "Currently managed in-house by Maersk, the six vessels ranging in size from 2,500 to 11,000 ...
BSM to manage Maersk Line ships
BSM to manage six Maersk Line ships
Maersk Line has decided to hand over the management of six vessels to Bernhard Schulte Shipmanagement (BSM). "Currently managed in-house by Maersk, the six vessels ranging in size from 2,500 to 11,000 ...
Weak dry bulk market may claim more victims
A weak dry bulk shipping market could put more firms in 'jeopardy' after the collapse of Daiichi Chuo Kishen Kaisha in Japan, shipping analysts in Oslo warn, adding that Daiichi's apparent lack of ...
Owners told to ‘prepare for European CO2 regulation’
Classification society DNV GL has advised shipowners to start preparing for Europe's own CO2 emissions measuring and cutting scheme, which comes into force on 1 January 2018. The Monitoring, ...
Frontline looking to de-list London shares
Frontline, the Suezmax and VLCC operator in John Fredriksen's business empire, says it will seek de-listing of its shares on the London Stock Exchange due to low volume of trade in them. "The company ...
VLGC rates slip ahead of October LPG prices
Rates to ship LPG on very large gas carriers have fallen by USD10 per tonne as the market quietens ahead of Saudi ARAMCO's announcement of LPG contract prices for October. The Baltic Exchange assessed ...
Shipping as usual during Sydney’s Barangaroo do
Commercial shipping in Sydney Harbour in October will be overshadowed, but not disrupted, by a fleet of tall ships commemorating 200 years of maritime history and the opening of the Barangaroo ...
Daiichi Chuo files for bankruptcy protection
Japanese bulker operator Daiichi Chuo Kisen Kaisha filed for bankruptcy protection in Tokyo District Court on 29 September, ending weeks of speculation over its financial health. The company, which ...
Bulker detained for safety shortfalls
Deficient fire safety equipment has led US Coast Guard (USCG) inspectors to detain a Greek bulker at the Port of Tacoma until the issues can be resolved. A team from the agency's Puget Sound sector ...
Med ECA remains out of sight
There is no medium-term prospect of the Mediterranean following other seas of the European Union (EU) and becoming a sulphur emission control area (ECA). While EU countries bordering the Mediterranean ...
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