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Shipowners from Around the World Can Now Join UK Flag

The UK Ship Register (UKSR) has decided to expand its ownership eligibility, allowing more shipping companies from around the world to flag to the UK.

Yantian Express Finally Leaves Freeport, to Arrive in Halifax Today

Fire-stricken containership Yantian Express finally sailed from Freeport, the Bahamas, on May 15, 2019, German shipping company Hapag-Lloyd said.
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Baltic Exchange Council Elects New Chairman

Maritime industry information provider Baltic Exchange Council has elected Braemar Tankers-founding partner Denis Petropoulos as its new chairman.
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Five more lines join Digital Container Shipping Association

Momentum for standardisation builds as CMA CGM, Evergreen, HMM, Yang Ming, and ZIM join initial members A.P. Moller-Maersk, Hapag-Lloyd, MSC and ONE, representing 70% of the market. Momentu...

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K+N urges carriers to follow environmental lead

Swiss forwarding and logistics group issues rallying call to follow the green credentials set by its new ‘carbon neutral’ ocean offering. Kuehne + Nagel has called on carriers to follow...

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Port of Virginia enjoys record-April volumes

The Port of Virginia® in April processed 245,933 TEUs (twenty-foot equivalent units) in April, making is the busiest April in the port’s history.

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Värde Agrees Sale and Leaseback for Landbridge VLCC

US-based alternative investment firm Värde Partners has signed a sale and leaseback agreements for a very large crude carrier (VLCC) with Hong Kong’s Landbridge VLCC International.<...

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Ins and Outs of Demurrage and Detention

The process of shipping a container from one point to another includes a number of factors, some of which are demurrage and detention. These are a matter of allowed free-days, determin...

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