Carriers Banking on Trans-Pacific Rates To Survive COVID19!
According to an article written by Freight Waves, Senior Editor, Greg Miller, the warnings are loud and clear: If container lines suffer the same...
Winning the Battle Against COVID19 By Wastewater Monitoring!
Scientists have found an easy and useful way to win the battle against COVID19
Wastewater monitoring which have been used to track viruses...
Capesize Gains Pushes Baltic Dry Index Up By 0.80%
The Baltic Dry Index increased as Capesize rates rose 2.09% offsetting Supramax rate drop, reports Seeking Alpha.
Baltic Index increase
The Baltic Dry Index increased...
Weekly Bulk Report – Week 16, 2020
The Baltic Briefing has released a report about the dry bulk market of the 16th week of shipping activities of this year. The report...
Scrubber Boom To End? Mixed Opinions from Executives!
Shipowners’ interest in exhaust gas cleaning systems as an answer to the global sulphur cap is quickly vanishing due to the Coronavirus shockwave.
Cost-cutting...
COVID Moonshot Project Underway! Crowdsourcing To Tackle the Global Enemy!
Science commentator Anjana Ahuja, writes on how a crowd is gathered to launch a mission against COVID-19, for an article published in Financial Times.
Here's...
Keppel and EMA Strike a $10m Partnership Deal for Cleaner Energy
Energy sector calls for innovative energy solutions in the marine sector
Focus on energy storage systems and smart power grids for the offshore...
A Record Number of Blank Sailings! Just for One Reason!
Freight rates have not collapsed as containerships continue to blank.
Container lines have canceled 458 sailings since Chinese New Year.
Global demand for...
Are COVID-19 Damages To the Repositioning of Containers Reversible?
There is a shortfall of containers and cargo has no chance to move anywhere.
To reposition the empties the charges are quite hefty.
...
HMM Plans To Scale Its Fleet To Run on The Alliance...
HMM is scaling up its operations as a formal member of The Alliance.
It plans to add 12 vessels in 24,000-TEU class to...
Japan Offering Upto $2 Billion for Companies To Shift Base
Japan’s government would spend upwards of $2 billion helping its multinationals leave China.
U.S. companies are leaving, too, even though there is no...
[Watch] What Is The Future of Commodity Market Amid COVID-19?
Watch the video posted in Platts featuring Paul Bartholomew, highlighting Asia's commodity market amid COVID-19 and oil price war.
Paul Bartholomew highlights the situation in...
Disabled Container Ship Adrift at Sea, Towed To Safety
According to an article published in Maritime Bulletin, a container ship suffered an engine failure and ran adrift.
What happened?
On April 17, the container ship...
Q&A: IMO Strategies To Cut Carbon Footprint from International Shipping
An article in Argus media, written by Stefka Wechsler, explains that the IMO has adopted an initial GHG strategy scheduled which is up for...
ITIC Warns of Issues With Receiving Original Bills of Lading
As the world continues to face lockdowns due to the Coronavirus outbreak the International Transport Intermediaries Club (ITIC) has issued advice that warns...
Drewry Launches New Tools To Track Liner Cancellations and Waiting Times!
Responding to unprecedented market volatility following the Covid-19 outbreak, Drewry Supply Chain Advisors launches two new container shipping tracking services.
The services...
Shipbreaking Industry Workers Reel Under COVID19 Effect!
The Shipbreaking Platform has been updating the difficulties faced by workers in the shipbuilding industry. Here is an excerpt that highlights the sufferings, pain,...
COVID19 Causes China’s Economy To Shrink for the First Time in...
According to a BBC report, China's economy shrank for the first time in decades in the first quarter of the year, as the virus...
Unique Port Specific COVID19 Tracking Tool for the Shipping Industry!
In a major development, the global marine insurer North P&I Club has developed a new COVID-19 Tracking Tool which has been shared with all...
Wartsila: Scrubbers Still Relevant Despite COVID19 Fuel Spread Effect!
Scrubber savings still there even with the huge fuel price gap
It won't disappear and up for a long haul
The question of...