Court Clarifies Owner Can Collect Freight Under Bill of Lading
The English High Court has clarified that the contractual carrier is entitled to collect the freight due under the bill of lading.
This...
Scientists Urge Caution After Tony Blair Supports UK ‘Covid Pass’
Scientists urge caution after Tony Blair supports UK ‘Covid pass’, says an article in The Guardian.
"Robust Covid pass"
Scientists have urged caution after Tony Blair called...
Ningbo Containerised Freight Index
Baltic Exchange publishes the weekly Ningbo Containerised Freight Index, compiled by the Ningbo Shipping Exchange.
The index is reported every Friday (except Chinese holidays) at...
Chinese Imports Grow at Fastest Pace in a Decade Amid Surging...
China's imports grew at their fastest pace in 10 years in May, fuelled by surging demand for raw materials, although export growth slowed more...
Euronav Sells Its Oldest 2002-built Suezmax
Euronav sold its oldest ship, the 2002-built suezmax Filikon for $16.3m, says a press release published on their website.
Capital gain on sale
A capital gain...
Hapag-Lloyd Rubs Out Oakland Due To Port Congestion
The Port of Oakland achieved an all-time cargo record in April.
This was the first time the port passed the 100,000-box milestone for imports...
HolidayMakers Warned of Shortage of Popular Summer Products
Securing summer items like garden furniture, picnic baskets and outdoor toys has become tough due to import delays, says an article published in BBC.
Reason...
Castor Maritime Stock Faces 39% Loss, An Analysis
Castor Maritime stock began May costing just under $0.50 per share. By the time the month was done, each Castor Maritime share was selling...
The New Appearance of Mysterious Golden Ratio
Bert de Groot, Professor of Governance and Strategic Investment Policy has recently seen his paper, titled Disentangling the enigma of multi-structured economic cycles -...
Covid 19 Restrictions To Cause Delays of 14 Days in China...
Maersk is warning of delays of 14 days upwards at Yantian port due to heightened Covid restrictions, and lines are omitting and diverting...
Black Box Recovered from Fire-stricken Sunken Ship
Marine experts from the Merchant Shipping Secretariat with the assistance of the Sri Lanka Navy recovered the “Ship’s Black Box” from the fire-stricken...
Record Charter Rate Highlights Extreme Vessel Shortage
Record Charter Rate Highlights Extreme Vessel Shortage, says an article on Freight waves.
$135,000 per day for short-term charter
In a sign of just how frenzied the...
Japan Working On Technology Innovation To Produce Methane
Japan is working on technology innovation to produce methane, seeking to expand the use of synthetic methane as the primary feedstock for domestic piped...
No Evident Technology To Reach Carbon-neutral Targets in the Next 3...
No carbon-neutral technology in the next 3-5 years.
Hydrogen-based fuels are tout to be a promising alternative for shipping at the moment.
Hapag...
V.Ships Subscribes To KVH linkHUB Service for Digital Entertainment
V.Ships Norway has signed up 12 oil tankers for KVH linkHUB, an onboard media player , says a press release published on KVH website.
Digital...
Two Sovcomflot LNG-fuelled Aframax Tankers Time-chartered for 10 Years
Sovcomflot (SCF Group) and Sakhalin Energy, signed long-term time-charter contracts for two existing liquefied natural gas (LNG)-fueled Aframax tankers, reads the company press release.
Long-term...
Ardmore Unveils Definitive Agreement for Methanol-to-Hydrogen Technology
Ardmore Shipping, in a press release, announces definitive agreements on strategic investment in Element 1 Corp., establishment of e1 marine joint venture, and preferred...
CDB Acquires Six 60,000 dwt Ultramax Bulkers
CDB acquires six 60,000 dwt Ultramax bulk carriers to its fleet, says an article published in Splash 247.
New acquisition deal
China Development Bank Financial Leasing...
Michelin Unveils Vision of Wind-powered Cargo Ships
Michelin is highlighting two sustainable innovations during the annual Movin’On Summit, unveiling the prototype for a sustainable tire and even a new generation of...
Reduced Ocean Noise: One Possible Bright Spot in the COVID-19 Pandemic
As the Skimmer is covering the various ways that the COVID-19 pandemic has impacted marine ecosystems and communities, a likely reduction in ocean noise...