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HomeArchive by Category "News"

News

News
Baltic index declines for 6th session on weaker vessel rates
July 28, 2020in News 0 Comments 0 Likes

Baltic index declines for 6th session on weaker vessel rates

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.

by Bumijaya
News
New ICS Research a ‘Ray of Light’ Amongst the COVID-19 Clouds
May 22, 2020in News 0 Comments 0 Likes

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

by Bumijaya
News
Dry Bulk Market: Recovery Still Elusive
May 22, 2020in News 0 Comments 0 Likes

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

by Bumijaya
News
Parliament: Dewan Rakyat Passes MMEA Bill
January 16, 2018in News 0 Comments 0 Likes

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

by Bumijaya
News
PDZ To Make Foray Into Indonesian Shipping Industry
PDZ To Make Foray Into Indonesian Shipping Industry
January 16, 2018in News 0 Comments 0 Likes

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

by Bumijaya
News
Johor ship collision: Vessel owners to pay RM1 million each for oil clean-up
Johor ship collision: Vessel owners to pay RM1 million each for oil clean-up
Johor ship collision: Vessel owners to pay RM1 million each for oil clean-up
January 7, 2017in News 0 Comments 41 Likes

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

by Bumijaya

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News
Baltic index declines for 6th session on weaker vessel rates

Baltic index declines for 6th session on weaker vessel rates

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.

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