Shipping News
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Xeneta Appoints Two New Executives to Key Sales Leadership Positions
Leading freight market data and analytics company names Scott Irvine as VP of Freight Forwarding and Laura Finbow as Director of Sales Enablement OSLO, Norway – March 24, 2022 — Xeneta, the leading ocean and air freight rate benchmarking, market analytics platform, and container shipping index, today announced the appointment…
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Diana Shipping Announces Time Charter Contract for mv Artemis with Cargill
Diana Shipping Inc. (NYSE: DSX), a global shipping company specializing in the ownership of dry bulk vessels, today announced that, through a separate wholly-owned subsidiary, it has entered into a time charter contract with Cargill International S.A., Geneva, for one of its Panamax dry bulk vessels, the m/v Artemis. The…
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Facilitating the future, collaborating for change – industry leaders navigate new horizons at Nor-Shipping’s Blue Talks
CEOs, industry heads, and key ocean stakeholders are preparing to “supercharge change” at Nor-Shipping 2022 in the Blue Talks series of panel discussions. The 12 talks take place in the Blue Economy Hall at Nor-Shipping’s Lillestrøm exhibition facilities, with hour-long sessions focusing on future strategies, solutions, and building partnerships capable…
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Ocean Network Express expands its Refrigerated Container Fleet
Ocean Network Express (ONE) continues to expand its current refrigerated container (reefer) fleet by adding another 27,500 new units (including 850 units equipped with advanced Controlled Atmosphere (CA) technology) to meet the growing demand for refrigerated cargo around the world. This new investment comes on the heels of 5000 units…
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Dr. Marwa El Morabet write to “eBlueeconomy” About : Letter of Credit
By: Dr. Marwa El Morabet CEO of Al Dawlya Center for Translation and Studies What is a Letter of Credit? A letter of Credit or “Credit Letter” is a letter sent from a bank guarantying that a buyer’s payment to a seller will be received on time and for the…
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Port of Oakland import volume still trending up
Increase of 6.3 percent last month, exports yet to take off Port of Oakland import business continues to grow through export recovery has yet to take off. The Port said today that import cargo volume increased 6.3 in February 2022 compared to February 2021. Exports declined 10.3 percent over the…
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2021: Significant tonnage tax advantage
A range of countries offers shipping companies the opportunity to be taxed in accordance with tonnage tax regulations i.e. pay a fixed amount of tax per ton of tonnage deployed. This means that pre-tax income does not matter, and if you lose money, you still have to pay tax, but…
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RSGT in Jeddah Islamic Port Wins Best Terminal Operator of the Year Award 2022
Red Sea Gateway Terminal (RSGT), one of the strategic partners in Jeddah Islamic Port, was awarded “Best Terminal Operator of the Year 2022″ in the Middle East at the 15th annual ShipTek International Conference and Awards of Marine, Offshore, and Oil & Gas. The award is in recognition of RSGT’s…
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Evergreen orders 3 24,000TEU container ships at Hudong-Zhonghua
Evergreen Line has placed an additional order for three of the world’s largest 24000TEU container ships at Hudong Zhonghua, bringing the number of 24000TEU-class super-large ships it has ordered at two shipyards of CSSC to nine. This week Evergreen announced that on behalf of the board of directors of its…
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