North P&I Club’s Strong Hold in Business Despite Causalities
Two major casualties had an impact on North P&I Club’s underwriting figures for the policy year ending February 20, the club said.
However,...
Why Is The Europe LNG Market Not in Its Best Times?
Unquestionably the current global health situation is going to cause a severe economic crisis not seen since the Great Depression.
This is already...
Long-Term Container Blanking Catapults Short-Term Rates
Container spot rates from Asia to the US soared this week as the aggressive blank sailing programmes of transpacific carriers resulted in a...
New Ebola Outbreak Emphasizes WHO Globally!
The new Ebola crisis in the DRC compounds an already extremely difficult situation for public health officials.
The country is also dealing with...
COVID-19 Crisis Puts Containership Sector in An Unprecedented Tumble!
The COVID-19 pandemic is projected to lead to an unprecedented decline in world container trade.
Future growth predictions for container shipping depended on...
Natural Gas Market Witnessing A Backlash Post Coronavirus Crisis!
Coronavirus pandemic has taken a toll on the natural gas market, undercutting hopes for a rich new vein for profits on the water.
...
Tanker With Engine Failure Gets Anchored!
Maritime Bulletin reports of a disabled tanker anchored in Japan sea.
Laden tanker suffered engine failure in the morning of June 1 in Japan sea....
Diana Shipping Inc. Announces Time Charter Contract With Glencore
Diana Shipping Inc. announces time charter contract for m/v Crystalia with Glencore, says a press release published on their website.
About the contract
Diana Shipping Inc....
Maersk and Others Extend Their China Line Suspension!
ONE, Maersk and MSC continue suspension of China – Australia service, reports Seatrade Maritime News.
Suspension of service
Ocean Network Express (ONE), Maersk and MSC are...
[Watch] A Tesla Model 3 Drive Into a Flipped Truck on...
This video shows a Tesla Model 3 driving, without waiver or interruption, directly into a flipped-over truck on the highway.
The clip occurred in Taiwan. Some viewers...
Ignored Facts That Deteriorates the Purpose of Risk Assessments!
Gard in its recently published article gives an insight about things that makes risk assessments less meaningful.
What makes risk assessment less meaningful?
Rather than ensuring...
Continuing Piracy Crisis Unacceptable, Says CSC
The Cyprus Shipping Chamber (CSC) expressed its concern at the ineffectiveness of the international community to address the continuing piracy crisis, says an article...
IMO’s Target To Create Future-proof Bulkers and Tankers
IMO has set a target to reduce GHG emissions by 50% compared to 2008.
This target impacts financing as bulkers and tankers.
Slow...
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...
Product Tanker Ship Suffers Engine Failure in Arabian Sea
According to an article published in Maritime Bulletin, a product tanker suffered engine failure in the Arabian sea.
What happened?
The product tanker GHETTY BOTTIGLIERI suffered...
Antiviral Drug Approved To Be Administered To COVID-19 Patients
Russia will start giving its first drug approved to treat COVID-19.
It will ease strains on the health system and speed a return...
Massive Trade Losses in COVID19 Shutdown!
No V-shaped recovery in sight after the large-scale shutdown of economic activity and the virus poses a risk to globalisation, says BIMCO CEO, Peter...
Shipping Goes Digital in Lockdown To Limit Costly Paper Trail!
According to a Reuters report, the coronavirus lockdown has accelerated a digitalization drive in a global shipping and logistics sector that still routinely delivers...
Why Digitalisation in Shipping Industry Is at a Faster Pace?
The Maritime CEO Tech Leader Series powered by Ocean Technologies Group gives viewers thoughts on how shipping will evolve with technology.
Sponsored by...
Floating Storage at Record High on Asia Inventory Logjam!
According to a Lloyd's List report, floating oil storage is at a record high now as more than 275m oil barrels is tracked by...
