India’s COVID19 Milestone of World’s Highest Daily Caseload Reeks of Complacency
India has set a record for the world's highest single-day increase in coronavirus cases, reports BBC.
The nation, the world's third-most infected, on Sunday reported 78,761 new cases in 24 hours, passing the number...
[Watch] 90% Countries Health System Disrupted As the Pandemic Touches 25 Million
8 months into the pandemic more than 25 million cases of the disease have been reported forcing WHO to underline certain actions.
90% of countries' health systems are in tatters and keeping them...
Weekly Bulk Report – Week 35, 2020
The Baltic Briefing has released a report about the dry bulk market for the 35th week of shipping activities of this year. The report dated 28th August highlights the plight of the dry bulk...
Ship Arrest! 2 Tankers Seized
Investment bank HSBC arrested two product tankers owned by Singapore-registered Somerset Maritime over cargo claims totalling $6m, reports 247CustomsBrokerNews.
Reason for seizure
Two product tankers owned by Singapore-registered Somerset Maritime have been arrested by investment bank...
Global Ballast Water Treatment Market Potential On a Surge
Ballast water treatment involves treatment of ballast water before it is discharged out of the ship at the port or in the mid sea.
The ballast water treatment (BWT) market is expected to...
PSA Marine Joins Decarbonisation Journey With New Digital Solution
PSA Marine releases a report on August 27, 2020 in support of sustainable shipping by reducing the carbon footprint.
It joins the global movement with the use of a digital solution called Vessel...
Shippers To Go Bankrupt With Skyrocketing Container Rates
Container rates sees a gain for the transpacific and Asia-Europe tradelanes.
For example, Shanghai Containerized Freight Index (SCFI) recorded further gains for the transpacific and Asia-Europe tradelanes.
Its combined reading is up another...
Dry Bulk Market Witness a ‘Turn Over’ Amid Reclining Orders
A step back from the intense SnP market is necessary from time to time to analyze and capture how fundamentals are influencing the dry bulk sector.
The Handysize sector has the healthiest newbuilding...
‘Mauritius Disaster’ Ship Captain Faces ’60-Year Sentence’
Cargo vessel MV Wakashio ran aground a reef on July 25th, and the bow section has been sunk into the ocean.
The ship remained stranded on the reef for about 3 weeks when...
NI Launches Key Guidelines on Bulk Carrier Ops
With the support of Intercargo and vetting organisation RightShip, The UK-based Nautical Institute has responded by publishing A Guide to Bulk Carrier Operations.
This highly practical guide draws on the expertise of more...