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2018-01-12
The Largest Port of UK will Continue GrowingThe Largest Port of UK will Continue Growing 2018-01-10
Forecast for shipping in 2018Forecast for shipping in 2018 Moore Stephens Partner, Shipping & Transport, said that accordingly to the recent study, the shipping industry will show more optimistic mood than the previous year. US interest rates will most likely go up during the next 12 months meanwhile smart technologies will assume increasing of the importance, adding value and improving safety. “In 2018, freight rates will harden if there is a further reduction in tonnage overcapacity and an acceleration in the vessel demolition,” Greiner added. Shipping remains a vital global industry that carries the vast majority of world trade. In 2018, optimism can be expected to outweigh pessimism in the shipping industry. 2018-01-08
DryShips Receives Fourth VLGCDryShips Receives Fourth VLGC Greek drybulk shipper DryShips has received its fourth very large gas carrier (VLGC). Built by Hyundai Heavy Industries, the newbuilding can carry liquefied petroleum gas (LPG) and will be chartered to an oil company for a period of ten years. The shipper values the charter income at up to USD 103.8 million. DryShips paid USD 83.5 million for the vessel. The purchase was financed by cash, undrawn liquidity and equity transactions. 2018-01-04
U.S. East Coast is experiencing a severe winter stormDear Valued customers 2018-01-03
Busan Port reported the highest cargo turnover in 2017Busan Port reported the highest cargo turnover in 2017 For the last 141 years the 2017 was the most successful for South Korea. The container cargo volume surpassed the 20 million TEU mark. Busan Port Authority (BPA) have organized the celebration of the record and set a goal for further growth in 2018 and becoming a global port corporation in future. The port's budget has been increased by 10% and, in addition, port has invested over USD $48.5 million into development project aiming to attract tourists and USD $97.5 million for a new container pier construction. BPA is actively working on job creation and intends to introduce a new energy strategy, which will help to prevent air pollution |
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