The Baltic Exchange’s main sea freight index fell for the sixth straight session to a more than one-month low on Monday, weighed down by weaker demand for all vessel segments.
New ICS Research a ‘Ray of Light’ Amongst the COVID-19 Clouds
The COVID-19 pandemic is creating significant challenges for ship operators and seafarers, but new research from the International Chamber of Shipping (ICS) has highlighted that, for users of its ISF
Dry Bulk Market: Recovery Still Elusive
Capesize A precipitous fall in the market this week had the Capesize 5TC shedding over 50 per cent in value. A small rebound at the end of the week gave
Parliament: Dewan Rakyat Passes MMEA Bill
KUALA LUMPUR, Oct 25 (Bernama) — The Dewan Rakyat today passed the Malaysian Maritime Enforcement Agency (MMEA) (Amendment) Bill 2017, which among other things, allows the setting up of the Malaysian Maritime
PDZ To Make Foray Into Indonesian Shipping Industry
KUALA LUMPUR, Jan 9 (Bernama) — PDZ Holdings Bhd planned to expand into the Indonesian maritime industry with the signing of a memorandum of understanding with PT Indonesia Bulk Carrier
Johor ship collision: Vessel owners to pay RM1 million each for oil clean-up
At about 2350 hrs on 3rd January 2017, the Maritime and Port Authority of Singapore (MPA) was notified by the Johor Port Authority (JPA) of a collision between Singapore-registered container