Insurers Raising Rates for Ships Taking the Red Sea Route After...
According to a Reuters report, Insurers are set to raise the cost of providing cover for merchant ships through the Red Sea after a...
IMB Issued Its Annual Report Concerning International Piracy Incidents
The International Chamber of Commerce’s International Maritime Bureau (IMB) issued its annual report concerning international piracy incidents, highlighting that the Gulf of Guinea is...
High Hopes on Dry Bulk Trade in 2021, As Chinese Imports...
Overall, total tonnes transported by the dry bulk shipping industry fell by 1.3% to 5.49 billion tonnes, from 5.56b in 2019.
It is...
Global Spot Dirty Tankers’ Fixtures Declined 16% In 2020
Global spot dirty tankers' fixtures declined 16% year on year to 8,101 in 2020 but Unipec, Shell and Vitol have retained their positions as...
12 More Nations On Temporary Ban For Crew Changes
The Philippine Government added 12 more nations to the growing number of countries barred from taking crew change activities in any of the Philippine's...
Maersk Witnesses Scant Relief in Congested Supply Chains
With little excess shipping capacity amid high demand, there is scant relief on the horizon in congested supply chains, reports the Wall Street Journal.
Demand...
Shipping Sector Succumbs To Cyber Threats With Malicious E-mails
Dryad and cyber partners RedSkyAlliance monitor attempted attacks within the maritime sector, reports Safety4sea.
They examine how email is used to deceive the recipient and...
Global Economy Crises To Crumble Amid Surging Shipping Rates
Supply chains are getting hit again by curbs to control virus.
Chinese new year holidays, strong demand adding to the crunch.
Shocks to supply...
COVID-19 Not Going Away, Likely To Stay Forever: Warns Moderna CEO
Stephane Bancel, CEO of COVID-19 vaccine maker Moderna, warned that the virus will be around “forever.”
Public health officials and infectious disease experts...
[Watch] World’s First Vessel With Tilting Rotors Arrives In Rotterdam
The SC Connector arrived at Matrans Rotterdam Terminal in Eemhaven on Tuesday, 12 January, at 7:00 am, reads a press release by Port of...