Monday, August 21, 2017
TEU tokens and blockchain may shape the future of container shipping contracts
Blockchain initiative 300cubits has created a new type of cryptocurrency to solve liner shipping&rsquo;s US$23bn &ldquo;booking shortfall&rdquo; conundrum.Named TEU, the de-facto industry currency is distributed as tokens on the Ethereum network and will be tradeable on various global cr...
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Tuesday, August 15, 2017
dship Carriers in Fleet Growth Mode
dship Carriers, a multi-purpose project carrier belonging to the deugro Group, is expanding its fleet by adding three heavy-lift multi purpose MPP vessels in July and August 2017. As informed, the vessels will primarily be used for trade lanes between Asia, the Persian Gulf, and Europe.MVs Holan...
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Friday, August 11, 2017
Market Rates Put Pressure on Navios Acquisition
Tanker owner and operator Navios Maritime Acquisition Corporation reported a 21.5% decrease in its revenue in the second quarter of 2017, mainly driven by a drop in the market rates.The company&rsquo;s revenue for the period stood at USD 58.5 million, as compared to USD 74.5 million seen in th...
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