Maersk Levies Fuel Surcharges As Costs Spiral Effecting Trade

Fuel prices are spiraling, in Singapore VLSFO is at $270 a ton. Maersk impose $200 fuel surcharge per box across all trade routes ...

Trump’s Impeachment Throws Up 16th Century Word into the News

The Chief Justice uttered the rarely used term “pettifogging" into proceedings to remind the House of Representatives impeachment managers and the lawyers, reports BBC...

Why Crude Oil Prices Fell By More Than 1%?

March ICE Brent crude futures fell 70 cents/b (1.11%) at $62.51/b.  NYMEX March light sweet crude contract fell 79 cents/b (1.40%) at $55.95/b. ...

Crude Tanker Collides With Container Ship

  Chinese supertanker loaded with crude collided with container ship in Singapore Strait, reports Maritime Bulletin. What happened? Chinese VLCC XIN JIN YANG collided with container ship...

Green Variable Added To Monitor National Budgets?

The European Commission to meet ambitious climate goals, will begin to assess the green transition of EU states this year, reports Reuters. National budgets monitored The...

Dry Bulk Market To Be Elusive, Says 2020 Bulkers Chief

Norway’s 2020 Bulkers expects the dry bulk market to recover before long, reports Lloyds List. Challenging market scenario The company's Chief Executive Magnus Halvorsen told, "The...

Plan To Salvage Titanic’s Radio That Relayed Her Final Plea!

The state-of-the-art wireless telegraph transmitter, installed by a leading technology company was called Marconi. It was the Titanic’s sole connection to the rest...

Scrubber-fitted Ships To Have Higher Price Tag and Returns

Scrubber fitted vessels have a higher price tag. Owners expect to see increased returns and revenue. Eagle’s scrubber installation program is nearly complete...

Asia-Europe Carriers Discharge Containers in China for Increased Payout

Asia-North Europe ocean carriers have been discharging containers loaded in China. The containers are offloaded at transhipment ports en route to accommodate better-paying...

Former Cruise Workers Reveal What Keeps Them On-Board

Former cruise-ship workers reveal the things they couldn't live without while on the job. Their answers included clothing, technology, and cosmetics. The workers'...