The Capesize 5TC opened the week at $2,542 to close at $2,797.
The news of oil prices and stock markets crashing came as a caution for Panamax to start the week.
Supramax proved to be firm for the...
West Africa Container Terminal, has received Maersk’s first direct service containership.
The vessel came from the Far East to the Onne Port in Rivers State.
The 4,800 TEUs gearless ship was brought to Onne Port by Maersk under...
Energy company GP Global has launched a new bunker supply operation at the port of Jebel Ali in the United Arab Emirates.
The company has deployed two of its wholly owned barges for the operation which will deliver...
Shippers and BCOs are being advised against signing long-term contracts with ocean carriers.
Carriers are being obliged to spend millions of dollars in vessel costs to reposition their empty equipment to demand points.
The shape of the collapse...
As always cruise ships are at the centre of global situation again and lawmakers across the globe can't take any action against them. Yes, we are talking about the ongoing coronavirus outbreak crisis which has left many cruise ships...
The judgment maintains and highlights the need for shipowners to ensure that charts are kept fully up to date.
Urges careful accurate passage planning is carried out, particularly when an intended voyage includes navigating in confined and difficult...
As Europe and the US bring in increasingly restrictive measures to prevent the spread of coronavirus, figures f.rom Lloyd’s List Intelligence show ship calls at China’s leading export hubs are back to normal seasonal levels, writes Lloyd's List Containers...
The Baltic Briefing has issued the tanker report for the 11th week of this year. The report dated 13th March 2020 provides a valuable insight into this week's tanker market dealings, freight rates, and charter activities.
VLCC
Saudis lowered their...
In a major development, McKinsey has put forward their insight on the Coronavirus pandemic stating that a range of outcomes is possible and decision-makers should not assume the worst, says a press release published on their website.
Backdrop
Less than ten...
China’s National Development and Reform Commission and the Ministry of Transport has issued a joint statement.
They issued notice to officially start the 2020 programme of national logistics hub construction.
The program initiated in 2019 is planning to...