The Day When Edmund Fitzgerald Sank In Lake Superior
The SS Edmund Fitzgerald was a 729-foot freighter plying the Great Lakes for 17 years before it sank Nov. 10, 1975, during a violent...
China, Hong Kong Stocks Climb Indicating Economic Recovery
According to a recent Reuters report, China and Hong Kong shares climbed on Monday, as investors cheered better-than-expected gross domestic product data (GDP) pointing...
Weekly Bulk Report – Week 2, 2021
The Capesize market surged this past week to a three month high, as a stronger outlook for the market took hold, reports Baltic Exchange.
Capesize
The...
Bayer To Help German Company CureVac in COVID Vaccine Production
According to a Reuters report, german pharmaceutical giant Bayer is examining whether it can help CureVac to produce its experimental COVID-19 vaccine, its chief...
Oil Prices Drops 1% Over New Strain COVID Surge Ending Price...
Oil prices fell on Monday, extending losses that last week ended a rally driven by production cuts and strong Chinese demand, with the market’s...
Proactive Vs Reactive – The Way Out for Shipping Companies from...
2020 has put maritime organisations in the firing line for cyber-attacks, and they can no longer afford to bury their head in the sand...
Industry Users Seek Alternative Fuels As LNG Prices Record High
Pakistan and Bangladesh are rationing gas and buyers across South Asia are seeking alternative fuels after spot liquefied natural gas (LNG) prices surged to...
‘We are Ghosts Trapped in a Box’: Desperate Crew Cry...
Indian sailors stuck in Chinese waters for months due to China's trade war with Australia are now beginning to lose hope as well as...
MSC Joined Hydrogen Council Vowing To Accelerate R&D
Joining global shipping giants like NYK and CMA CGM, number-two ocean carrier MSC has recently joined the Hydrogen Council. MSC joined as a steering...
[Watch] Importance Of Shipping In World Trade
This video, released by Bimco is about the importance of shipping in world trade. Without shipping, life would be different. We would have limited...
Cargo Ship Splits Into Two & Sinks, 3 Dead
According to Turkish authorities, a cargo ship sank off Turkey's Black Sea coast leaving at least 3 people dead, reports ABCNews.
What happened?
A cargo ship...
97 Incidents of Piracy and Armed Robbery Reported in 2020
As piracy remains a hot topic of discussion and a challenging issue for the shipping industry, ReCAAP ISC launches its annual report for...
Revised IMSBC Code for Bauxite Cargoes Mandatory
A need to draw a distinction in the IMSBC Code between bauxite cargoes that liquefy, those that do not, led to the development...
Cause and Effect of Inflation in Shipping Costs
The dollar-amount spent by shippers, such as manufacturers or retailers, on shipping their goods jumped by 13% in December from a year earlier.
...
ABB Bags First Azipod Electric Propulsion Deal for Superyacht
Netherlands-based yacht builder Oceanco will be including ABB’s Azipod electric propulsion technology on a new superyacht that it is being built to the highest...
Ice Cream in North China Tests Positive for Coronavirus
COVID-19 has been found in ice cream produced in China, causing the government to recall them and to quarantine 1,662 employees of the...
Ningbo Containerised Freight Index
Baltic Exchange publishes the weekly Ningbo Containerised Freight Index, compiled by the Ningbo Shipping Exchange.
Weekly composite index covering 20ft, 40ft and Hi Cube box...
How Skilled Seafarers Contribute To Cost Efficiency?
The leading international catering manager and training provider MCTC suggests that, effective training programmes are the key to help ship operators and owners to...
Weekly Tanker Report – Week 2, 2021
A general further weakening of flat rates was seen across this sector, reports Baltic Exchange.
VLCC
In the Middle East 280,000mt to US Gulf via the...
Dingheng Shipping Places Order for Chemical Tanker Sextet
Chinese tanker operator Dingheng Shipping has placed an order at Wuhu Shipyard for the construction of six chemical tankers, reports Lloyd's List.
Smart green fleet
The...