Container Shipping Recovers in Q3 With Easing Lockdown
Container ships pulling into ports to unload containers rebounded in many parts of the world in the third quarter of 2020, showing early but uneven signs of recovery.
This offers a hopeful sign...
Blank Sailings Troubled Shippers Move Towards Rail Freight
According to a Loadstar article, while the air freight industry may be wary of the surge in growth of Asia-Europe rail services, more customers are moving there from sea freight, according to one forwarder.
...
Hurricane Sally Intensifies Towards Southern U.S
Hurricane Sally strengthens into a Category 2 storm on Monday.
There's a chance it will make landfall in southeastern Louisiana, a state still recovering from the aftermath of Hurricane Laura.
According to the...
Tanker Seized Over $2 million Loan Default
According to a Reuters report, an Indian court orders the seizure of a tanker belonging to Dubai-based oil trading firm GP Global. This happens after a petition from UAE lender National Bank of Fujairah...
[Watch] Blaze in Beirut Port Area a Month After Explosion
A huge fire erupted in the port area of Beirut, one month after a massive explosion there killed more than 190 people.
Some fearful residents have fled the Lebanese capital, despite officials insisting the latest...
IATA Scaling Up ‘Supply Chain’ With Online Platform for COVID19 Vaccine Delivery
According to a Loadstar article, in preparation for global vaccine delivery, IATA has launched ONE Source, an online platform to match shipping needs with infrastructure capabilities and service providers.
Complete Visibility of Services
The platform, which...
[Watch] Nano Sized Antibody Neutralizes COVID19
University of Pittsburgh scientists has come up with a novel nanoparticle antibody that can neutralize coronavirus.
The antibody named AB8 acts as both preventive measure and treatment against the virus.
The antibody is...
The Largest Container Ship To Visit the US East Coast
The largest containership CMA CGM BRAZIL made her inaugural U.S. visit at the Port of New York & New Jersey, says a CMA CGM LinkedIn post.
Largest containership ever to visit
The CMA CGM Brazil is...
World’s Top Oil Traders Charter Supertankers, Despite Oil Glut
The Leading oil traders across the world, charter dozens of supertankers for potentially storing oil at sea amid signs that demand recovery has stalled.
Trafigura charters 12 very large crude carriers (VLCC), which...
China To Discipline Transpacific Prices As Europe Struggles
Chinese authorities are set to interfere in both pricing and capacity management on the transpacific, as rates soared to record highs again this week.
High demand on transpacific routes was having a knock-on...