Shipping

  • Tanker charters: Indian Ship owners to seek...

    Indian ship owners will lobby the Indian Oil Corporation and Bharat Petroleum Corporation seeking relaxation in the 10-year age limit stipulated by the State-run oil refiners on hiring oil super tankers and suezmax carriers for as much as five years, in the first such long-term contract to support local carriers.

  • Top three shipbuilders expect wretched 2018

    Seul - While the global shipbuilding industry is showing signs of recovery,Korea’s three big shipbuilders are still in a rut. Next year’s sales will be lower than this year’s. Samsung Heavy Industries announced Wednesday it would increase ITS capital by issuing stock worth 1.5 trillion won ($1.37 billion) by next May

  • ABS Executive Lays out Vision for Future of...

    ABS, a leading provider of classification services to the global marine and offshore industries, participated in the 2017 Marintec China conference in Shanghai, China, where ABS Executive Vice President for Global Marine Dr. Kirsi Tikka chaired a panel session on the marine industry’s journey to autonomy and the collective benefits realized along the way.

  • BIMCO and FONASBA launch new general agency...

    BIMCO, the world’s largest international shipowners’ association, and FONASBA, the worldwide organisation representing shipbrokers and ship agents, have once again joined forces to create and launch a new general agency agreement for port agents, shipowners and ship operators contracting port agency services.

  • Does Bitcoin have a future in shipping?

    Google now receives more search requests for Bitcoin than for Kim Kardashian, Beyoncé and Taylor Swift combined. This week, a shipping company announced that it is working on a deal that will be paid in Bitcoin, which is believed to be an industry first. But does Bitcoin have a future in shipping?

  • Maritime and energy

    The changing dynamics of society, coupled with new technologies, both in terms of digital solutions and industrial capabilities, are opening up a new maritime world. Shipping is not lone on the seas, and the companies that have the expertise and skills to support the shipping and maritime sectors may soon be able to find new growing markets in the opening ocean space. This is the second of three initial examinations of new opportunities emerging in ocean economics.

  • BBVA Launching Blockchain Shipping Solution

    Banco Bilbao Vizcaya Argentaria (BBVA) has partnered with Blockchain company Waves to create a distributed ledger technology (DLT) platform for processing and handling shipping document submissions. The system, already being tested, was able to reduce the processing and handling times from 7-10 days, to just 2.5 hours.

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Tanker charters: Indian Ship owners to seek change in fleet age limit

Indian ship owners will lobby the Indian Oil Corporation and Bharat Petroleum Corporation seeking relaxation in the 10-year age limit stipulated by the State-run oil refiners on hiring oil super tankers and suezmax carriers for as much as five years, in the first such long-term contract to support local carriers.

English

Top three shipbuilders expect wretched 2018

Seul - While the global shipbuilding industry is showing signs of recovery,Korea’s three big shipbuilders are still in a rut. Next year’s sales will be lower than this year’s. Samsung Heavy Industries announced Wednesday it would increase ITS capital by issuing stock worth 1.5 trillion won ($1.37 billion) by next May

English

ABS Executive Lays out Vision for Future of Shipping

ABS, a leading provider of classification services to the global marine and offshore industries, participated in the 2017 Marintec China conference in Shanghai, China, where ABS Executive Vice President for Global Marine Dr. Kirsi Tikka chaired a panel session on the marine industry’s journey to autonomy and the collective benefits realized along the way.

English

BIMCO and FONASBA launch new general agency agreement

BIMCO, the world’s largest international shipowners’ association, and FONASBA, the worldwide organisation representing shipbrokers and ship agents, have once again joined forces to create and launch a new general agency agreement for port agents, shipowners and ship operators contracting port agency services.

English

Does Bitcoin have a future in shipping?

Google now receives more search requests for Bitcoin than for Kim Kardashian, Beyoncé and Taylor Swift combined. This week, a shipping company announced that it is working on a deal that will be paid in Bitcoin, which is believed to be an industry first. But does Bitcoin have a future in shipping?

English

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