Shipping
Moody's: bulk shipping outlook turns stable from negative
(Posted on 12/11/20)Outlook on the global shipping industry has changed to stable from negative as shipping companies’ EBIDTA growth could reach 5% in 2021, with demand set to outstrip supply across all segments, says Moody’s in a newly published report. The change benefits from pandemic lows for the dry bulk segment and good market fundamentals...
Crew welfare top of Colombia’s agenda
(Posted on 12/11/20)Columbia Shipmanagement (CSM) has taken the issue of seafarer care to a new level with the introduction of a series of initiatives that will promote their health, fitness and well-being to a standard not yet seen in the shipmanagement sector.As part of its push, CSM has invested in, and is subsidising, ColumbiaCrewCare – a...
METIS introduces new CPA monitoring module
(Posted on 12/11/20)METIS Cyberspace Technology S.A. has launched a new software module to tackle the huge challenges shipping companies face in monitoring vessel performance effectively to meet Charter Party Agreement (CPA) reporting needs. The new module, announced today, addresses the challenge with functionality that will greatly enhance...
Women in shipping present unified voice
(Posted on 06/11/20)Despite the global pandemic, WISTA International – the global voice for female managers within the shipping industry – held its Annual General Meeting (AGM) on Thursday 5 November. This online event was attended by more than 500 representatives from its worldwide membership.As the world’s leading professional body...
Higher domestic volumes for Algoma in challenging times
(Posted on 06/11/20)Algoma Central Corporation, a leading provider of marine transportation services, has announced its results for the three and nine months ended September 30, 2020.Algoma owns and operates the largest fleet of dry and liquid bulk carriers operating on the Great Lakes - St. Lawrence Waterway, including self-unloading dry-bulk carriers...
ShipMoney enhances account security
(Posted on 06/11/20)Maritime Payment Solutions, LLC (ShipMoney), a global, industry-leading provider of payment solutions for maritime companies, has announced the introduction of ShipMoney Secure, a security feature developed to help keep seafarer accounts safe from cyber-attacks.With ShipMoney Secure, users will register their personal device(s)...
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