Foreign Flagged Ships Detained In The UK During February 2022

The Maritime and Coastguard Agency (MCA) announced that five foreign-flagged ships remained under detention in UK ports during February 2022 after failing Port State...

BIMCO COVID 19 Weekly Report Dated 11 March 2022

This BIMCO COVID 19 weekly report for the week ending 11 March covers the International Maritime Organization (IMO), Fiji and the latest from the...

Ningbo Containerised Freight Index

Weekly composite index covering 20ft, 40ft and Hi Cube box rates says an article published in Baltic Exchange. Ningbo Shipping Exchange Route 2022-3-11 2022-3-4 Weekly change (%) Ningbo - Europe 4877.79 5337.42 -8.61 Ningbo...

Castor Maritime Inc. Announces New Charter Agreements

Castor Maritime Inc., announces new charter agreements in its recent press release. The time charter M/V Magic Moon The M/V Magic Moon, a 2005 built Panamax dry...

Giant Investment Bank To Profit From War In Ukraine

The Wall Street firm has told the public it is “winding down” its business in Russia, portraying its actions as supportive of U.S. efforts...

UK’s First Step Towards Sustainable Shipping

The new unit will also help develop the infrastructure to enable zero-emission technologies, and the physical infrastructure needed to power new vessels. UK...

Substantial Progress In Talks, Cease-fire In Few Days

  Russia is already beginning to talk constructively. The base is where foreign instructors were helping Ukrainians, however, it is not known whether they...

Weekly Tanker Report – Week 10, 2022

The Baltic Briefing has issued the tanker report for the 10th week of this year. The report dated 11th March 2022 provides valuable insight into...

Seaborne LNG Market Safe Despite Russia-Ukraine War

Maritime industry market intelligence provider VesselsValue says the Ukraine crisis distracts from bigger trends in the seaborne LNG market. Senior trade analyst Vivek Srivastavaexplored...

What Might Lead To Higher Box Freight Costs?

Shippers can expect to see increased bunker adjustment factors as bunker costs rise. Freight rates have been unaffected by Russia’s military incursion into...