Yearly Archives: 2021
Container Shortage Adds Impetus To Commodity Prices
Shipping container shortage has made it expensive to move sugar, coffee and copper around the world by sea, says an article published in The...
U.S. Petroleum Imports Will Be More Than Exports, Forecasts EIA
EIA forecasts the U.S. will import more petroleum than it exports in 2021 and 2022, says an article published on their website.
Status changed in...
Ship Stowaway Hiding Among Cargo Arrested
Border Force descend on Hull docks to find ship stowaway hiding among cargo, reports HullDailyMail.
Stowaway found onboard
Border Force officers were called to a jetty...
[Watch] Biggest Ever Drug Seizure Worth £184m
Around 2.3 tonnes of cocaine worth £184m has been found hidden in a shipment of bananas from Colombia, reports BBC.
Cocaine removed
Consignment of bananas that...
Shipping Magnet Arrested, Seafarers On Hunger Strike
Turkish police arrested shipping magnate Mübariz Mansimov Gurbanoğlu at his Istanbul home one Sunday last March.
His legal woes set off a chain...
Top Marine Fuel Supplier Takes An Oil Products Tanker
Marine fuel supplier Red Sea Bunkering has taken on an oil products tanker as floating storage to boost marine fuel supply in Djibouti.
The company has...
EuroDry Ltd Announces Year and Quarterly Reports
EuroDry Ltd. reports results for the year and quarter ended December 31, 2020.
The operator of drybulk vessels announced today its results for...
Billion Dollars of Unpaid Loans in Shipping Sector
German shipping investment that once helped shape the world’s maritime operations is in retreat.
Years of steep losses lead to many of the...
The Ship-Wreck Letters Pieced Together Shows A Tragically Beautiful Journey Through History
The fragments of a 1941 love letter to a woman named Iris, found nearly three miles under the ocean in a shipwreck, have been...
Higher Oil Prices Leading To Bunker Quality Problems
Brokerage NSI has responded to KPI OceanConnect's warning of higher oil prices leading to bunker quality problems this year, saying low margins are more...