Yearly Archives: 2020
Container Spot Rates Pushed Up, Tighter Supply a Reason?
Festive boost for container lines as tighter supply pushes up spot rates, says an article published in The LoadStar.
Rise in container spot rates
Container spot...
Dry Bulk Demand Slump As a Fallout of 2020
Good news if you’re a shipper of coal, grain and iron ore: Ocean transport is once again looking cheap in 2020.Bad news if you’re...
‘Very Long’ Waiting List for Scrubber Installation, Says Wartsila
According to a Platts article, there are "very long waiting lists at some shipyards," particularly in China, for installation of scrubbers on vessels to...
[Watch] Horrifying Video Shows Huge Wave Sweep Beachgoer into Ocean
The nine-second video shows the man standing on a rocky outcrop at Bonny Doon Beach in Santa Cruz, California. A couple of seconds into...
S.Korea Retains Its No.1 Spot
South Korea's shipbuilding orders kept the No.1 spot for two straight years to 2019, reports Xinhuanet.
Local shipbuilder’s new orders
South Korea's shipbuilding orders kept the...
Why Box Lines Rush for Scrubbers?
With high-sulfur fuels currently around half the price of low-sulfur options, container lines are rushing vessels to shipyards to get scrubbers fitted with the...
GSF Waves Red Flag Around New Low Sulphur Fuel Surcharges
The Global Shippers Forum (GSF) has issued a warning to ocean freight customers as they find themselves saddled with the extra cost of cleaner...
Carnival Elation Spills Gray Water at Port Canaveral
The Carnival Elation cruise ship discharged around 5,900 gallons of gray water into the ocean at Port Canaveral on Thursday in violation of U.S....
Hyundai Heavy Group Sets the Revenue Target for 2020
South Korean shipbuilder Hyundai Heavy Industries (HHI) Group, which includes the world's largest shipyard, aims for a revenue of USD 15.9 billion in 2020,...
Intellian and HGS Team Up To Build Smart Ship Market
World-first package pairs Intellian satcom with Hyundai Global Service’s smart ship solution,reports the Maritime Executive.
Satcom package for smart ships
Intellian, the global leader in mobile...