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U.S. Shippers Invest $150 Million in Laker Maintenance
U.S.-flagged lakers are docked for winter maintenance before the Sault Ste. Marie locks reopen on March 25.
Nearly $150 million is being invested...
LATEST NEWS
NCFI Shows Diverging Trends as Middle East Rates Surge
The latest update of the Ningbo Containerised Freight Index (NCFI), released by the Ningbo Shipping Exchange, reveals notable divergence across major trade lanes, with...
Merchant Vessel Beats Back Pirate Raid Amid Red Sea Revival
A merchant vessel successfully thwarted a coordinated pirate attack in the Bab-el-Mandeb Strait early Friday morning, underscoring the persistent volatility in one of the...
Fire Incident at Manila North Harbor Prompts Investigation and Safety Review
Fire reaches second-alarm status, requiring a major response.
Authorities contain damage to the lower decks after hours of firefighting.
An investigation is underway,...
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POPULAR ARTICLES
[Watch] How Shipping Containers Can Be Turned Into COVID-19 ICUs
In the ongoing fight against COVID-19, the Italian architects Carlo Ratti and Italo Rota have designed an intensive-care pod within a shipping container that could...
The State Of Ship Finance Q3 2023
This increase in capital availability is crashing into a larger trend – the decreasing effect to ‘lever up’. The increased SOFR rate is driving...
China Launches “Thousand Sails” Satellite Constellation To Rival SpaceX’s Starlink
China has launched the first batch of satellites for its ambitious "Thousand Sails" internet constellation, aiming to rival SpaceX's Starlink and other global internet...
LATEST REVIEWS
Weekly Bulk Report – Week 22, 2020
The Baltic Briefing has released a report about the dry bulk market of the 22nd week of shipping activities of this year. The report...
