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India: Government eases rules for issuing CDC for seafarers

The government has eased rules for issuing a so-called Continuous Discharge Certificate (CDC)-cum-Seafarers’ Identity Document, removing the hurdles for those intending to work on ships but faced hurdles in obtaining the certificate. Without a CDC, a person is not eligible to work on ships. If an Indian national of 18 years, holding an Indian passport [...]

By | January 23rd, 2018|News|0 Comments

VLCC Surplus in the Middle East Set for Reduction in the Coming Weeks Says Shipbroker

A looming fall in VLCCs’ availability in the Middle East over the coming weeks could help boost the freight rate market in the weeks to come. According to the latest weekly report from shipbroker Charles R. Weber, “VLCC rates moved broadly higher this week as participants reacted to a narrowing Middle East availability surplus that [...]

By | January 23rd, 2018|News|0 Comments

RS joined the Association of Shipowners and Entrepreneurs of Marine Industry of the Republic of Kazakhstan

The Register has joined the Association of Shipowners and Entrepreneurs of Marine Industry of the Republic of Kazakhstan. The Association is focused on contributing to merchant shipping and navigation development in the Republic by drafting proposals considering the current legislation improvement. Implementation of unified policy focused on social and economic development and strengthening of the [...]

By | January 23rd, 2018|News|0 Comments

Environmental Organizations and Shipping Industry Call For Carriage Ban On Non-Compliant Fuel

Leading environmental organizations and the global shipping industry have joined in calling for an explicit prohibition on the carriage of non-compliant marine fuels when the global 0.5% sulphur cap takes effect in 2020. IMO has agreed that from 1st January 2020 the maximum permitted sulphur content of marine fuel (outside Emission Control Areas) will reduce [...]

By | January 23rd, 2018|News|0 Comments

Alfa Laval PureBallast 3.1 tops customer choice for large-flow ballast water treatment systems

Among owners of tankers and other large vessels, the number who choose UV ballast water treatment over electrochlorination continues to grow. To date, Alfa Laval has won orders for Alfa Laval PureBallast 3.1 totalling almost 90 systems in the range of 1000 m3/h or more. Led by PureBallast 3.1, UV ballast water treatment systems are [...]

By | January 22nd, 2018|News|0 Comments

Milaha Acquires its Largest Container Vessel

Doha, Qatar -- Milaha, a Qatar-based maritime and logistics conglomerate, has acquired its largest container vessel to date, Majd, a 3,768 TEU vessel. The new vessel will be one of the 17container vessels that the group operates, and is part of the ongoing expansion of the group’s overall fleet. Milaha currently fully owns and operates [...]

By | January 22nd, 2018|News|0 Comments

A venture into the digital era of shipping

The digital transformation of the trade industry is a theme I keep returning to in this blog. If anyone was unaware of how digitised shipping already is, last summer’s cyber-attack surely was evidence enough of how far we’ve come—and how much further we must go. There is no turning back. In a network business like [...]

By | January 22nd, 2018|News|0 Comments

Bulk carrier rates sink as Brazil’s iron ore exports wane

Charter rates for bulk carriers have plunged as iron ore exports from Brazil slow and inventories of the mineral pile up in China. The charter rate for a benchmark capesize ship, which has a cargo capacity of about 180,000 tons, has dived 40% since early January to around $12,300 per day on average for major [...]

By | January 22nd, 2018|News|0 Comments

Baltic Exchange: Capesize Index Suffers Further Losses

Capesize The week ended with further losses on all the routes, as the published Cape 5TC value now stands at US$11,571 which is over US$5,500/day under the value at the start of the week. The ore rates from Brazil lost almost US$2 with vessels fixing in the region of low US$14.00s for Tubarao by week’s [...]

By | January 22nd, 2018|News|0 Comments

Dry bulk: Brazilian grains demand drives Atlantic Panamax market

The Atlantic Panamax market remained firmed this week, underpinned by stable East Coast South America grains demand from the Far East and Southeast Asia regions. Inquiry for grain helped to sustain a lively fixing pace, sources said. Freight rates also increased on the back of thinner tonnage out of Brazilian ports and increased interest in [...]

By | January 22nd, 2018|News|0 Comments

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