SAN FRANCISCO, April 27, 2020 The global connected ship market size is expected to reach USD 9.1 billion by 2027, registering a CAGR of 5.4% during the forecast period, according to a new report by Grand View Research, Inc. The market is expected to witness significant growth owing to the increasing penetration of internet across the shipping and logistics industry across the globe.
LONDON, April 22, 2020 This latest report by business intelligence provider Visiongain assesses that Marine Scrubber Market spending will reach $1.1 billion in 2020. It is therefore critical that you have your timescales correct and your forecasting plans ready.
Regulatory News: Total signed a pioneering agreement to charter its first two LNG-powered VLCCs. The vessels have been designed with LNG propulsion to benefit from reduced Greenhouse Gas emissions and with the latest technologies to further lower their consumption.
The digital forum is organized in partnership with Citi and in cooperation with the New York Stock Exchange and NASDAQ. The panel discussions will feature senior executives from leading publicly listed and private crude oil tanker and product tanker companies who will discuss trends, developments and outlook of the global energy, commodities and shipping markets.
The Baltic Exchange's main sea freight index hit an almost one-week low on Monday, dragged down by weaker demand for panamax and supramax vessels. * The Baltic index, which tracks rates for capesize, panamax and supramax vessels that ferry dry bulk commodities, dipped 8 points, or 1.3%, to 617. * The panamax index fell 33 points, or 4.1%, to 774, posting its 11th successive decline.
The Baltic Exchange's main sea freight index fell on Friday, posting its first weekly fall in six weeks, weighed by lower panamax and supramax vessel rates. * The Baltic index, which tracks rates for capesize, panamax and supramax vessels that ferry dry bulk commodities, fell 5 points, or 0.8%, to 625. * For the week, the index dipped 1%, its first weekly decline in six.
The Baltic Exchange's main sea freight index inched up on Thursday, as stronger demand for capesize vessels offset a fall in panamax and supramax vessel rates. * The Baltic index, which tracks rates for capesize, panamax and supramax vessels that ferry dry bulk commodities, was up by a point, or 0.2%, at 630. * The capesize index rose for the fifth straight session, gaining 38 points to -166.
Enviva Partners, LP (EVA) today announced that its sponsors previously disclosed 18-year, take-or-pay off-take contract to supply Sumitomo Forestry Co., Ltd., a major Japanese trading house, is now firm, as all conditions precedent have been satisfied.
The Baltic Exchange's main sea freight index rose on Wednesday, after seven straight sessions of losses, on stronger demand for capesize vessels. * The Baltic index, which tracks rates for capesize, panamax and supramax vessels that ferry dry bulk commodities, gained 17 points, or 2.8% to 629.
The Baltic Exchange's main sea freight index dipped on Tuesday, weighed down by a fall in rates for panamax vessels, which registered its seventh straight day of decline. * The Baltic index, which tracks rates for capesize, panamax and supramax vessels that ferry dry bulk commodities, declined 11 points, or 1.8%, to 612. * The panamax index dropped 40 points, or 4.1%, to 930.
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