Transpacific Freight Rates Soar As Shippers Rush for China Goods
Freight rates on the headhaul leg from Asia to the west coast North America hit extraordinary highs.
As a result, transpacific container shippers pay more than three times as much as their Asia-North...
E-Commerce Merchants To Rely On Ocean Transport for Early Christmas Shipping
Surge in airfreight rates forces e-merchants to rely on ocean transport in order to ship their goods before the holiday season.
One container line moves more than 2,000 teu of e-commerce a week...
An Industry Insight Into The World’s Largest Shipowning Nation
Greek shipowners own 20.67% of global tonnage and 54.28% of the European Union -controlled tonnage, making it the world’s largest shipowning nation.
It is also one of the safest fleets worldwide, ranked 8th...
ReCAAP Reports A 38% Spike in Armed Robbery This Year
The total number of piracy incidents reported during January-August 2020 has increased compared to January-August 2019.
This was due to the increase of incidents in Bangladesh, India, the Philippines, South China Sea and...
Weekly Bulk Report – Week 37, 2020
The Baltic Briefing has released a report about the dry bulk market for the 37th week of shipping activities of this year. The report dated 11th September highlights the plight of the dry bulk...
Dredger Vessel Attacked by ‘Environmental Activists’
Dredger vessel QUEEN OF NETHERLANDS was attacked by boats with hundreds of fishermen and activists.
The ship was shelled with stones and Molotov cocktails, which ignited several fires on board.
The activists were...
How Sodium Nanofluid Can Help in Oil Recovery
Scientists at the University of Houston have designed an inexpensive and non-toxic nanofluid to recover oil with high viscosity from reservoirs.
The nanofluid consist of commercially available sodium and was developed using a...
Oracle Wins Tiktok Bid Over Microsoft’s Highest Standards Deal
In a piece of startling news today, Oracle Corp. won the bidding for the U.S. operations of the video-sharing app TikTok, beating out Microsoft Corp. in a high-profile deal to salvage a social-media sensation...
COVID19 Pandemic Exposed Key Ship Management Issues
From seafarer wellbeing to a lack of recognition from governments, the shipping industry has seen many challenges arise in the past few months. During the recent ‘Leaders in Shipmanagement’ webinar, we found out what...
High Demand Pushes ‘Maersk Spot’ Off the Shelves
According to a Loadstar article, strong customer demand has forced Maersk to remove its Maersk Spot product from some departures.
What ls lt?
Maersk Spot offers a loading guarantee, online booking and a fixed price and...