Do Not Hike Freight Rates Unfairly! Warns FMC!
Spot rates soar as shipping resumes, but carriers are warned not to take advantage.
The FMC has been monitoring the blanked sailings on the route and discussing with ocean carriers the levels of...
Coronavirus Pandemic Vital Questions Answered By Experts!
As the coronavirus pandemic fear gripples everyone, here are some vital questions to clear your doubts regarding COVID19. Originally, published in Times of India, the article answers some critical questions regarding the virus effect...
COVID19 Good News! Things That Are Going Good!
How about some good news for a change?
There have been A LOT of facts going around regarding COVID-19, and a flurry of “positive news” items to lift our spirits. PETER DIAMANDIS has summed up...
Huboo Finalizes Investment Deal With Maersk Growth
Huboo has picked up an investment from Maersk Growth.
Disclosure of £1 million in seed backing in September 2019 led by London venture capital firm.
The startup is also backed by True Capital...
Mysterious GPS Outages Are Wrecking The Shipping Industry
According to an article published in Fortune and authored by Katherine Dunn, the global maritime shipping industry is facing an issue of spotty satellite navigation.
The disappearance of a GPS signal
The call came in by...
Chinese Oil Productions Hit As Demand for Bunker Fuel Decreases
Demand for oil in China has taken a hit due to coronavirus.
Economic activity slowed down, oil prices plunged by 14% in the last week of February.
Fall in demand might delay Chinese...
US Gulf Coast Bunker Fuel Prices Plummet To Lowest Since 2016
Spot bunker fuel prices on the US Gulf Coast have plummeted.
Reached the lowest level in more than three and a half years.
Crude oil markets continued to swoon due to coronavirus concerns.
...
Top Ships Inc. Launches Eco Tanker Vessels
Top Ships Inc. announces the delivery of M/T Eco Los Angeles, reports a news article in Yahoo Finance.
Eco Tanker Vessels
Top Ships Inc., an international owner and operator of modern, fuel efficient "ECO" tanker vessels,...
Bareboat Charter Dispute Between AISSOT and Capital
Iraqi shipping and petroleum trading company Al-Iraqia Shipping Services & Oil Trading (AISSOT) has terminated the bareboat charters for six vessels owned by Capital Ship Management.
Friction between the two parties goes back...
Global Coronavirus Burden Crosses 200,000; 176 Countries Affected!
Confirmed cases of the novel coronavirus have topped 200,000 worldwide, according to data collected by Johns Hopkins University.
All 50 states and the District of Columbia have confirmed cases. More than 110 people...