Star Bulk Carriers Slashes Loss

Star Bulk Carriers Slashes Loss

20.11.2017

Greece-based dry bulk shipping firm Star Bulk Carriers managed to cut its net loss for the quarter ended September 30 to USD 7.4 million from a net loss of USD 39.4 million seen in the same period in 2016.

Diana Containerships Slashes Q3 Loss

Diana Containerships Slashes Q3 Loss

20.11.2017

Greek container shipping company Diana Containerships has managed to trim its USD 126.8 million net loss reported in the third quarter of 2016, reducing it to USD 8.7 million in the third quarter of this year.

Indian government approves New Delhi airport plan

Indian government approves New Delhi airport plan

11.7.2017

India’s capital city, New Delhi, is to get a second international airport after the national government approved of construction of the hub, with an estimated cost of $1.6bn for the first phase.

Maersk says global IT breakdown caused by cyber attack

Maersk says global IT breakdown caused by cyber attack

11.7.2017

Shipping giant A.P. Moller-Maersk (MAERSKb. CO), which handles one out of seven containers shipped globally, said the Petya cyber attack had caused outages at its computer systems across the world on Tuesday.

BUT…  HOW DOES IT FLY ??

BUT… HOW DOES IT FLY ??

11.7.2017

We’ve all heard about Howard Hughes’ “Spruce Goose” from the 1940s. We still see Antonov’s massive An-225 flying the skies today.

Port of Tauranga Chasing 1 Million TEU Mark

Port of Tauranga Chasing 1 Million TEU Mark

25.5.2017

New Zealand’s Port of Tauranga is on track to become the first port in the country to transport more than one million containers across its wharves in a single year after posting strong half year results.

BDI Drops below 1,000 Mark

BDI Drops below 1,000 Mark

25.5.2017

The Baltic Dry Index (BDI) fell to 994 points on Monday, May 15, down by 20 points, tumbling again below the 1,000 threshold.