Global Shipping Operations Struggle To Resume With Intermittent Restrictions
Normal trade operations struggle to resume with the coronavirus-induced restrictions.
Regular crew change process now turned a lengthy, complicated and a costlier process.
Charterers demand "no crew-change" clause.
Operations affected as crew change...
Hapag-Lloyd Reports A Net Profit of $287m for Q2
Undeterred by the pandemic Hapag-Lloyd records a net profit of $287m in the second quarter of the year in contrast to the $56m profit for the same period of 2019.
In terms of...
Improper Starboard Side Lookout Cause Collision [Part 2]
Japan P & I Club released a P & I Loss Prevention Bulletin, volume number 40 in September 2017. The prevention bulletin deals with the case study concerning collision, engine trouble and oil spill...
HMM St. Petersburg The World’s Largest Container Ship Arrives Soon
HMM St. Petersburg is the last 24,000 TEU vessel of 12 super-large ships built as part of South Korea’s five-year plan to rebuild the country’s shipping industry.
The vessel is about 400 meters...
China Fighting Its Way To a Stable Economy After Covid 19
China gets back at a faster pace with its economy building up quite impressively.
The industrial output rises by 4.8% in the month from a year earlier, the same as in June, but...
Leading Bunker Broker To Spearhead LQM’s Expansion
Martin Bird has joined LQM as a client services executive and support LQM's offices globally.
He has helped the credit risk team to grow the business and manage client relationships.
Martin will be...
Yang Ming Witnesses Profit Despite Reduction in Container Liftings
Yang Ming contributed a profit of $18.6m despite a 15% reduction in container liftings.
The profitability was thwarted by a $21m loss in its dry bulk sector.
It brought a consolidated net loss...
2 Light Vessels Sink At Sea, Crew Rescued Alive
According to an article published in Maritime Bulletin, two ships sank off Bangladesh waters.
What happened?
On August 15, two lighter ships sank in Cre waters near Hatiya island. The ships MV AKHTER BANU-1 and MV...
How To Convince 50% Americans To Get the COVID-19 Vaccine
Antivaccine activists were already hinting on Twitter that the virus was a scam.
10% of the Facebook pages run by people asking questions about vaccines have already switched to antivaccine views.
CDC is...
MSC Launches New Service To Update Their ‘Intra-Asian’ Network
MSC announced its Golden Horn service, complementing its existing intra-Asia network and linking China, Korea and the east Russia coast, effective from week 34.
The Golden Horn is a weekly service that will...