Archive

Dorian LPG Reaping Fruit from Delivered Newbuilds

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January 29, 2016 Having taken delivery seven vessels under its ECO-design VLGC newbuilding program, owner and operator of modern very large gas carriers Dorian LPG expects higher profits and cash going forward. Read More

Slashed Charter Rate for Diana’s MV Houston

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January 29, 2016 Greek dry bulk shipping company Diana Shipping Inc. has entered into a time charter contract with Geneva-based SwissMarine Services S.A. for one of its Capesize dry bulk vessels, the m/v Houston. Read More

Drewry: Half of Over 12-Year-Old Capesizes Need to Go

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January 29, 2016 If dry bulk ship-owners collectively removed half of all capesize ships over 12 years old, equating to around 20 million dwt of capacity, it would enable earnings to return to profitability by 2018, according to the latest estimates from Drewry. Read More

CMA CGM Inks Deal with IRISL to Increase Presence in Iran

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January 29, 2016 French container shipping company CMA CGM has signed a preliminary agreement with the Islamic Republic of Iran Shipping Lines (IRISL) which aims at increasing the company’s footprint in Iran, the French government said. Read More

IRISL All Set to Sail to Europe

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January 29, 2016 The Islamic Republic of Iran Shipping Lines’ (IRISL) vessels will soon sail for Europe as they have been removed from the Office of Foreign Assets Control’s (OFAC) sanctions list, the company said in a release. Read More

Japan’s Big Three Downgrade Forecasts as They Post Losses

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January 29, 2016 Japanese three shipping giants have all downgraded their expectations for the full-year consolidated results as they report losses in the third quarter of the fiscal year ending March 31, 2016. Read More

Höegh Names Newest Post Panamax PCTC

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January 29, 2016 Norwegian provider of RoRo transportation services Höegh Autoliners has named its New Horizon class vessel Höegh Tracer at Xiamen Shipbuilding Industries in China. Read More

Qatar adds new freighter routes

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January 28, 2016 Budapest, Prague and Ho Chi Minh City will be added to Qatar Airways Cargo’s expanding list of freighter destinations in March. With these additions, the airline will now have 14 European freighter destinations and six to the Asia-Pacific region. Read More

Lufthansa to use drones, but not for cargo

Posted By Tony Sanchez / Uncategorized / 0 Comments

January 28. 2016 It’s no surprise anymore when another carrier or logistics firm decides to experiment with unmanned aerial vehicles (UAVs), commonly known as drones. DHL and Swiss WorldCargo are both preparing to test quad-copters with an actual payload in the next couple of months. Now, Lufthansa, is teaming up with China’s DJI Technology, the […]

MSC Flaminia Fire Helps EU Develop Guidelines on Places of Refuge

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January, 28, 2016 The European Commission presented the new EU operational guidelines for ships in need of assistance in the aftermath of theMSC Flaminia accident, which occurred in July of 2012. Read More