Yearly Archives: 2023
Lessons Learned: Crew Fractures Finger During Metal Plate handling
IMCA describes an incident where a seafarer suffered a serious finger injury when he got his finger trapped, and provides lessons learned.
The Incident
While working...
MSC Proceeds With Acquisition Strategy Making Another Bid For French Logistics Firm
MSC has submitted a bid to buy a 42% stake in French logistics company Clasquin, continuing its acquisition strategy.
Negotiations
Chairman of Clasquin Yves Revol and...
How Common Are Unexplained Outbreaks Of Disease?
Amid reports of a mysterious respiratory illness spreading among children in China, an expert, for BBC Future, explains how regularly unexplained outbreaks turn up.
It...
Container Freight Rates Fall To 2019 Levels While Costs Remain High
Liner operators continue to struggle with a worsening supply/demand balance, affecting freight rates. On average, the fleet has grown 5% and 19% compared with...
MSC And City Of Hamburg Near Full Control Of HHLA Following Shareholder Vote
Recent developments indicate that MSC and the City of Hamburg are making significant strides towards gaining control of HHLA, a prominent Hamburg-based terminal and...
Drewry: World Container Index Up 6% Last Week
Drewry’s World Container Index increased by 6% to $1,461 per 40ft container this week.
Detailed assessment for Thursday, 07 December 2023
The composite index increased...
Tanker Report : UK-Continent MRs Took A Downturn This Week
LR2
LRs in the MEG saw activity levels pick up this week and freight resurged optimistically. The 75Kt MEG/Japan TC1 index gained 19.17 points to...
BIMCO’s Response To Emission Regulations: New Clauses For Sustainable Shipping
BIMCO, a leading international shipping association, has responded to impending changes in environmental regulations by introducing new clauses in its ship management agreement and...
CMA CGM Welcomes World’s First 13,000 TEU LNG-Powered Boxship
Chinese shipbuilder Hudong-Zhonghua has delivered 13,000 TEU LNG-powered containership CMA CGM Bahia to French shipping giant CMA CGM Group, reports Marine Insight.
The delivery ceremony...
Dry Bulk Report : Increase In The BCI 5TC
Capesize
The Capesize market faced a challenging week characterised by significant fluctuations. The week began positively with a robust increase in the BCI 5TC, reaching...