Credit Card interest rate fixed to 20% by Bangladesh Bank
Credit interest rate fixed: Banks will no longer be able to charge more than 20% from credit card customers. Bangladesh Bank has fixed the Credit Card interest rate fixed to … Read More
Tag: Shipping
Hapag-Lloyd invests in LNG retrofit
LNG ready vessels: German vessel operator Hapag-Lloyd is converting a former UASC ship, the 15,000TEU Sajir, to operate on LNG fuel. Hapag-Lloyd said that they are using LNG instate of … Read More
FMC has no jurisdiction in chassis dispute
The world’s biggest shipping lines have filed a motion to dismiss a US$1.8 billion complaint about equipment use in the US on the grounds that the Federal Maritime Commission (FMC) is not … Read More
ONE charters neo-Panamaxes from Zodiac
ONE (Ocean Network Express) , the Pan-Japanese liner operator is chartering four 15,000TEU newbuildings from Eyal Ofer’s Zodiac Maritime, which began taking delivery of the ships from Hyundai Heavy Industries … Read More
Sustainable Shipping for a Sustainable Planet
Sustainable shipping for a sustainable planet is the theme for this year World Maritime Day which provides an excellent opportunity to raise awareness of the United Nations’ Sustainable Development Goals … Read More
EC moves to clarify its ETS decision
European Commission (EC) proposals to extend the European Union’s (EU) Emission Trading System (ETS) to the maritime sector. The proposal will be put out for public consultation and requires an … Read More
Container discharge from MOL Charisma to start in Singapore
The cargo discharging process for containers on the fire damaged MOL Charisma, is expected to commence in Singapore today, 24 September. The 8,110TEU container vessel, MOL Charisma, which sufferred a hold … Read More
Luxury cruise ‘Salvia Maru’ has arrived from Japan for tourists of Coxbazer-SaintMarteen.
The famous Karnafuli Shipbuilders Limited has purchased a luxury cruise ship named ‘Salvia Maru’ from Japan to provide tourists with an international quality travel experience. The ship renamed in Bangladesh … Read More
Seafarers Facing ‘Humanitarian Crisis’ At Sea Due To Ongoing COVID-19 Pandemic
As many countries have restricted travellers from outside their own, ship crew members are facing a ‘Humanitarian Crisis’ at sea. Thousands of seafarers are unable to return home and the … Read More
TS Lines’ profits soar on rising rates and falling costs
TS Lines the Intra-Asia operator’s profits soar on rising rates and falling costs. Strong intra-Asia volume growth has seen Taiwanese vessel operator TS Lines’ net profits for the first half … Read More