Container Shipping Giants CMA CGM & Hapag Lloyd Revise Service Charges

CMA CGM’s increased freight of all kinds (FAK) rates will be in effect from 1 September and not beyond 30 September. The Marseille-based...

Maersk Predicts a Pre-Covid Volume Return Amid “Massive Problem”

Maersk announced a significant increase in operating earnings in Q2. Forecasts to see a return to pre-COVID cargo volume levels within a year's...

Weekly Tanker Report – Week 34, 2020

The Baltic Briefing has issued the tanker report for the 34th week of this year. The report dated 21st August 2020 provides a valuable insight...

Covid 19 Pushing Singapore Port To Strategize for Carbon Emissions

Due to covid 19 the shipping activity in Singapore has come to a stand-still except for a few. On the other hand it...

Two Key People Accused in Alleged Petrobras-Maersk Corruption Case

Brazilian prosecutors  pressed charges against two people, including a former Maersk executive. They have been accused for their alleged involvement in a scheme...

Covid 19 To Stay Forever, Vaccination At Regular Intervals A Must

A member of government's Scientific Advisory Group for Emergencies (Sage), Sir Mark Walport, says the coronavirus will be present forever in some form...

Chinese Aviation Exercise Employs Commercial Ships for Military Use

According to recent videos, an aviation brigade of the Chinese PLAGF conducted drills displaying their capabilities to use commercial ships for military purposes. ...

Zero Emission Tanker Launched To Tackle Carbon Emissions

Japanese group to build first zero-emission tanker by 2021. Shipping industry to cut sulfur emissions under IMO 2020. Industries from auto to aviation...

Hi-5 Bunker Spread Falls To Record Lows

VLSFO premiums at Rotterdam port fell to a record low with high fuel oil resilient to bearish fundamentals in the global oil complex. ...

Missing Crew Recovered from Sunken Dedger

The USCG rescued two of the six crew onboard from the Waymon L Boyd following reports of a fire in the Port of...