Moore Greece and Athens Technology Center (ATC) introduce the Maritime Accounting Software

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Moore Greece, an accounting and consulting firm specialising in the shipping and other sectors and Athens Technology Center (ATC), a smart business enabler that provides novel, end to end IT solutions for all business functions, introduce the Maritime Accounting Software, a future proof, scalable and cost effective accounting and reporting software, uniquely tailored for maritime. The Maritime [...]

A.M. Nomikos Vessels are equipped with KVH Global VSAT Connectivity Nova Electronics is managing the rollout of KVH VSAT equipment and services on the vessels

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KVH Industries, Inc., (Nasdaq: KVHI), announced that leading Greek shipmanager A.M. Nomikos has chosen KVH AgilePlans® to provide VSAT connectivity for crew welfare and vessel operations. The expert technical team at Nova Electronics, KVH’s service partner in Greece, has installed TracPhone® V7-HTS antennas on three Nomikos vessels to date and is expected to continue the rollout of [...]

Strong domestic demand sees US oil product imports growing

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Recovering demand for US oil products has caused a 25.9% rise in US seaborne imports of oil products in the first seven months of 2021 compared to 2020, with imports so far this year totalling 26.1m tonnes. The highest increase has been recorded from the largest supplier of US seaborne oil product imports, Europe, from which [...]

Transatlantic container shipping spot rates jump 210% on last year

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For almost three months now, the spot freight rate for containerised goods shipped by sea from North Europe to the US East Coast has been 210% higher than last year (1 July – 23 Sept). It wasn’t until 1 April 2021 that we saw the ripple effects from the globally stretched supply chains impacting front-haul [...]

Market update 20th-26th September 2021 / Week 38 By Yiannis Vamvakas, Research Analyst of Allied Shipbroking Inc.

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We are reaching the final quarter of the year and the world’s economy seems to now be facing a fresh challenge. The major upsurge in energy prices, with the gas sector being at the top of concerns, has already affected both industry and households alike and with winter approaching in the northern hemisphere, worries are [...]

Latest Weekly S&P Report 2021 -09- 27 of Xclusiv Shipbrokers Inc. Evergrande Group debt crisis creates concerns

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China’s construction and real estate giant, Evergrande Group debt crisis created concerns over a risk of a Lehman style collapse of the building industry inside the second biggest economy of the world. Given the footprint that housing market has in Chinese economy, where 27% of loans are for real estate whilst property accounts for approximately 40% of assets owned by Chinese [...]

Nor-Shipping to bring the industry together as Coronavirus restrictions end in Norway

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Exhibitions, parties, conferences, networking, and good old fashioned face-to-face fun are now firmly on the agenda at Nor-Shipping 2022 in January. Last week saw Norway finally end its national Coronavirus restrictions, meaning Your Arena for Ocean Solutions is free to run a normalised activity programme. It’s a unique opportunity, say organisers, to reboot, reenergise and [...]

Bulk Carriers market will remain “hot” in the foreseeable future

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By Stefanos Papandreou

Cyprus Shipping is embracing change

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SPECIAL REPORT: CYPRUS SHIPPING CLUSTER

SPECIAL REPORT: Shipmanagement

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Marlow Navigation highlights on the importance of investing in digitalization as well as the human factor, Greek tech start up signs 300th vessel to cloud-based
disbursements tool, …….

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