Yearly Archives: 2019
$148 million Worth Heroin Seized in UK’s Biggest Ever Drug Bust
Heroin with a boulevard worth of greater than £120m ($148 million) has been discovered hidden amongst towels and dressing robes on board a container...
25 Bodies Spotted and 9 missing After a Boat Fire Off Santa Cruz Island
Twenty-five bodies have been found after a diving boat was destroyed by fire off the coast of California, reports Express.co.uk.
What happened?
The commercial scuba diving...
Ocean Cargo Supply Chains Should Use IMO 2020 To Change Shipping for Better
Given that the industry remains well behind others with regards to environmental considerations, IMO 2020 is an opportunity for the shipping industry to finally...
Maritime Industry Makes Its Final Push To Adapt As IMO 2020 Deadline Nears
Ahead of the S&P Global Platts Asia Pacific Petroleum Conference (APPEC 2019), Insight presents a series of articles exploring aspects of the global trade...
From a Haphazard May To a Calmer June – Xeneta Tracks Freight Rates
After an unexpected leap in long-term contracted ocean freight rates in May, June was a calmer month for the container industry, with a slight...
MyOOCLReefer Services Get ‘State of the Art’ Updates
According to a press release from OOCL, it has come up with a significant advancement in upgrading the MyOOCLReefer (MOR) service by leveraging the...
Maran Gas Maritime Gets a ‘Plus One’ at DSME Yard
Maran Gas Maritime is set to increase its huge LNG carrier orderbook by declaring an optional newbuilding slot in South Korea.
Newbuilding sources...
Hellenic Petroleum Proposes VLSFO Ahead of IMO2020
Greek refiner Hellenic is targeting November for first supplies of IMO 2020 compliant bunker fuel.
HELPE refining system will be ready on time...
Maersk Increases Freight Rates in Far East Asia & Mediterranean
In a major development, the Shipping giant Maersk has announced that they are increasing the FAK rates ( Freight All Kinds) as they continue...
Gard Supports Norway’s Advice on Cyber Campaigns, Asks Shippers To Be Vigilant
According to an assessment by Norwegian authorities, its maritime and oil and gas sectors have recently been victims of cyber campaigns specifically targeting companies...