The global dry bulk fleet grew by its fastest rate year on in May for 27 months, while in the first six months of the year, the growth in dwt terms has exceeded 2.0%, according to a Norwegian shipping analyst and IHS Markit data.
Singapore’s Keppel O&M (Keppel O&M) is close to delivering the world’s first converted floating liquefaction vessel (FLNGV), three years after securing the contract from Golar LNG Ltd.
Maersk has said that it has opened a secure links with no connection to its systems for customers wanting to book cargo.
The company said that the links have been isolated from the Maersk network, authenticated and cleared by security and pose no risks to customers’ systems. However, there may be some difficulties booking dangerous cargoes. Rates remain the same as those posted before the attack, the Danish group added.
As the second quarter of 2017 draws to a close, the number of second-hand bulk carrier sales has fallen considerably from the first quarter of 2017, as the softening freight market instils caution among buyers.
The managing director of specialist marine and cargo underwriter The Strike Club has warned that the threat to the movement of maritime goods across the world will only continue.
Congestion woes at the US Pacific ports caused by a recent labor dispute have helped the US East Coast ports to grow at a faster rate than their West Coast counterparts, according to the inaugural edition of ‘North America Ports Logistics Annual Report,’ issued by the American commercial real estate company CBRE Group.
French ocean carrier will develop and operate a logistics platform in the port of Mariel with the Cuban logistics company AUSA.
U.S. rates dropped, but transpacific carriers plan significant rate increases in June and July.
Industry analyst Hackett Associates expects volumes to increase in coming months, but freight rates to fall.
Daewoo Shipbuilding will build more mega-ships for the Danish ocean carrier, according to recent media reports.