Shipping

In May, Australia’s resources sector generated a record high AUS$24.9 billion in export earnings for the nation.

Klaveness has decided to focus its activities in Klaveness Shanghai on operations only.

Globus Maritime Ltd has successfully closed the refinancing of its five vessels.

The UK Major Ports Group has revealed what three urgent Brexit preparation steps the Government must take.

Following the announcement of its share repurchase programme, Star Bulk Carriers Corp. has purchased 600 000 of its common shares from a non-related third party shareholder, in a private transaction at a price of US$8.40 per share.

Ocean Yield has agreed to extend the standstill period up to and including 31 October 2019.

Mammoet’s partnership with Core Industries will bring the company closer to the region’s chemical industry and increase Gulf Coast coverage.

SL Mining Ltd has shipped its first iron ore concentrate from Freetown Port in Sierra Leone to China.

AAL received the AFLAS 2019 ‘Best Shipping Line – Project Cargo’ award at an awards evening on 17 June.

Grieg Star has appointed a new CEO and Chair of its Board.

Port Tampa Bay President and CEO Paul Anderson has welcomed Brian Giuliani as its new Vice President of Operations.

The vessel's design draws on the shipyard's extensive knowledge of coal carriers, with the goal of achieving safe, reliable and economically efficient transport of coal.

The Poseidon Principles, a global framework for assessing and disclosing the climate alignment of financial institutions’ shipping portfolios, will assist in making shipping more sustainable.

The industry has mostly discussed scrubbers and low sulfur bunkers, but digitalisation can also help to meet the upcoming requirements in a more efficient way.

The two companies will work in collaboration to build systems and tools to optimise Fednav's dry bulk fleet.