LATEST ARTICLES

Fall In Average Global D&D Charges, Contradicting Four Times Higher In US

Average global demurrage and detention (D&D) charges have fallen this year, but remain around 12% higher than before the pandemic, according to a new survey by online equipment trading and leasing platform Container xChange,...

What Shipowners Truly Want?

DHI business development and project manager Gitte Ingelise Petersen explained some of the misconceptions. DHI is a Danish-based firm which has a 50-year track record in developing and implementing solutions that meet real-life...

Proman Announced Delivery Of Methanol Powered Newbuild Tanker

Proman Stena Bulk, a joint venture (JV) between methanol producer Proman and Stena Bulk, today announced the delivery of its second methanol-powered newbuild tanker, Stena Pro Marine, says an article published in Guardian. Methanol as...

Shipergy Seeks To Purchase Bunkers Using Technical Knowledge

It makes sense for us to add more bandwidth to our buying activities as we go forward. "There's a lot of value to be extracted from the supply chain as it is now...

MSC Cruise Inks Pact With Explora Journeys To Invest In LNG Fuel

Switzerland-based cruise operator MSC Cruises, a part of MSC, continues to invest in LNG as fuel and its luxury travel brand Explora Journeys has signed a deal to build two more vessels with Italy’s...

EU Sets Higher Target For Renewable Energy And Energy Efficiency

The European Council adopted its negotiating positions on two legislative proposals that tackle the energy aspects of the EU’s climate transition  It is under the ‘Fit for 55’ package: the renewable energies directive...

Crude Oil Volatile Steps In Q3,A Fear Of Recession Strikes

  •The recent plunge in the crude oil has crushed the market ,ICE Brent plunges more than 9% overnight. •Sentiment remains fragile on recession fears. •Norway workers' strike ends after government intervention The article published in S&P Global...

China Imposes Covid Lockdown In Xi’an After Handful Of Cases

After 18 Omicron cases were reported, the 13 million-person north-central city was shut down using the Zero-Covid policy as reported by The Guardian.  Highly transmissible A highly transmissible Omicron subvariant, which is already dominant in Britain...

Box Line Integrated Services Will Be A “Game-Changer”

Although forwarders might not be thrilled, shippers have praised Maersk and other box lines for deciding to provide integrated logistics services, including air freight as reported by Loadstar. Switch services  Shippers at Tiaca’s regional symposium in...

[Watch] Blue Star Patmos’ Impressive 3-Minute Remezzo In Mesta

CPT Makarios Lyras moored the ship Blue Star Patmos in the port of Mesto in 3 minutes with an outstanding starboard manoeuvre. The ship's inaugural route for this summer brought the first visitors to...