Multipurpose shipping freight rates to improve by end 2017

The multipurpose shipping market will see the first signs of recovery by the end of 2017, following in the steps of the dry bulk and container shipping markets, according to the latest Multipurpose Shipping Market Review and Forecaster report published by global shipping consultancy Drewry. Dry cargo demand is weak but strengthening with multipurpose shipping […]

Hydrex averts Panama Canal delay with underwater sterntube renewal

Hydrex Underwater Technology has assisted an excavation vessel haemorrhaging oil from a stern tube seal entangled with steel wire to pass safely through the Panama Canal. The 156m long, Dutch-owned vessel was unable to make the canal transit until the propeller shaft seal had been repaired, potentially delaying operations and resulting in financial penalty for […]

Supply of the latest fast rescue boats to P&O Ferries

Survitec Group, the market leader in worldwide aviation, marine and offshore safety and survival solutions, has announced that P&O Ferries have installed two new Survitec Brude Explorer-720 fast rescue boats onto their vessels, the Pride of York and the Pride of Bruges operating on the North Sea route between Hull and Zeebrugge. The Brude Explorer-720 […]

ISS expands European business with Team Tankers International

Inchcape Shipping Services (ISS) has expanded its European business with Team Tankers International with a new port agency contract across the region. Under the new agreement with the chemical tanker specialist, ISS will provide port agency and vessel clearance services in all major European ports and terminals. Team Tankers International is one of the largest […]

Inmarsat to provide connectivity to UAE through partnership with Global Beam, Virgin Megastore

Inmarsat today announced that distribution partner Global Beam Telecom has struck a multi-year agreement with Tecbuy and Virgin Megastores in the United Arab Emirates to sell Inmarsat’s GSPS IsatPhone satellite phones and IsatHub terminals to its UAE customers. The devices are immediately available for purchase at three of the largest Virgin Megastores in UAE. Inmarsat’s mobile […]

Marcura launches industry’s first cloud-based fixture manager

The Marcura Group, a Dubai-based group of companies focused on providing business solutions to the maritime industry, has announced the launch of MarDocs, an innovative, cloud-based collaboration tool. Charterers find themselves with ever-growing numbers of fixtures that refer to “as per last” without being under proper document control. Increasing governance requirements makes it critical to […]

ClassNK opens new survey offices in Izmir and Mersin

Classification society ClassNK has opened new exclusive survey offices Izmir and Mersin, both in Turkey with operations beginning 1st January 2017. Izmir and Mersin, which both have “Free Zone” in each area, are two of the most well-known port cities in Turkey. In recent years, the number of surveys and audits required in western and […]