Monthly Archives: April 2017

CMA CGM Otello has arrived Indonesia as the largest container vessel to call the country at the Jakarta International Container Terminal. The occasion also celebrated her impending maiden voyage for the industry’s first direct service from Indonesia to the United States (U.S.) on 24 April.

After the Baltic Dry Index (BDI) had its seasonal weakness around the Chinese New Year in early February, stronger-than-expected demand came from across the board and lifted freight rates, says BIMCO market analysis of Dry Cargo. This brought earnings into profitable levels for a couple of days…

The U.S. Navy with the Egyptian Naval Forces commenced exercise Eagle Salute 2017 in the Red Sea. Eagle Salute 2017 incorporates Eagle Response 2017, an explosive ordnance exercise, to provide opportunities for participating nations to collaborate…

Despite a year of navigating challenging market conditions, ABS remained resilient and delivered solid performance in 2016, said ABS Chairman, President and CEO Christopher J. Wiernicki. In 2016, ABS maintained the number one position in the…

In continuation of the Indian Navy’s overseas deployment to the Mediterranean Sea and West Coast of Africa, three Indian warships INS Mumbai, Trishul, and Aditya, arrived at Toulon, France for a three day visit. The ships were warmly received…

U.S. Navy ships are conducting simultaneous bilateral maritime exercises with the Republic of Korea Navy and with the Japan Maritime Self Defense Force today and tomorrow (April 25-26, local time). The destroyers USS Wayne E. Meyer (DDG 108)…

ABS facilitated a Polar Code Operational Assessment, a milestone in the implementation of the IMO Polar Code. The assessment, which identifies operational risks and limitations, was performed with TE SubCom, a TE Connectivity Ltd. company and…

196 ships were sold in total the first quarter of 2017, meaning that 65%, ended up on beaches in India, Bangladesh and Pakistan, said South Asia quarterly update of NGO Shipbreaking Platform. 51 of the beached vessels were container ships. The other main shipbreaking destinations…

The American Waterways Operators (AWO) and The American Chemistry Council (ACC) have renewed for three years a Memorandum of Agreement to promote environmental, health, safety and security performance through ACC's Responsible Care and AWO's Responsibl...