Shipping
Oversupply still major challenge warns ICS
(Posted on 08/04/19)Speaking in Istanbul, Simon Bennett, Deputy Secretary General of the International Chamber of Shipping (ICS) has warned that avoiding overcapacity and unsustainably low freight rates is still a major challenge ten years after the massive downturn of 2008.Mr Bennett said: “In that time shipping companies needed to show restraint...
ClassNK Releases its Cyber Security Approach
(Posted on 02/04/19)Leading classification society ClassNK has released the ClassNK Cyber Security Approach which outlines its basic approach to ensuring onboard cyber security for ships. It was released alongside its Guidelines for Designing Cyber Security Onboard Ships for newbuilding designs as the first part of the ClassNK Cyber Security Series...
BIC decision on timecharter indices
(Posted on 02/04/19)The Baltic Index Council (BIC) has announced its decision on the implications of the IMO 2020 Sulphur Cap for the Baltic Exchange’s timecharter indices. As formally announced to the Baltic Exchange members, the Baltic will be adding clarificatory wording to its Capesize, Panamax, Supramax and Handysize vessel descriptions...
Lifelong protection
(Posted on 02/04/19)Over the last few months the rudders and running gear of different types of vessels were given an Ecoshield protective coating at yards in the USA, Mexico, Canada, Turkey, Poland, Malta, Romania, China and Singapore. Most of the ships treated belonged to different owners. Some of them were new customers, others returning...
BIO-SEA enhances BWTS
(Posted on 02/04/19)BIO-UV Group has completed successfully the testing of an enhanced BIO-SEA ballast water treatment system designed to reduce further the time in which treated water has to be held onboard prior to discharge overboard.Holding time is the minimum period between the uptake and discharge of ballast water to ensure it has been properly...
Fednav starts Seaway season as it turns 75
(Posted on 27/03/19)Fednav has inaugurated the 61st season of the St. Lawrence Seaway with its vessel, the Federal Kumano. At a ceremony at the Saint-Lambert Lock and in the presence of many dignitaries, Fednav's president launched the celebrations surrounding the company's 75th anniversary.Fednav President and Chief Executive Officer...
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