Container Shipping Major Adds Congestion Surcharge in China!

Ocean Network Express announced reefer containers to be discharged at an alternative port without prior notice. Due to shortage of reefer plugs availability, ONE may adjust the transportation plan for reefer shipments to...

What It Takes To Produce A New VLSFO for the European Market?

A new LSFO marine fuel is making its way into the European market developed by OMV Petronum this 0.5% sulphur content fuel will be first of its kind to enter the Romanian market. ...

Baltic Index Peaks To 2-week High, Capesize Still in Negative Zone!

Baltic index jumps to 2-week high, capesizes stay in negative zone. The capesize index gradually gained for a second straight session, up 30 points at -257. Capesize expected to stay in negative zone...

Unique Coronavirus Tracking Tool Only for Shippers!

In a major development, the North P&I Club has announced that they are launching a new digital tool that will help shipowners and operators track the spread of the coronavirus outbreak, says a press...

Wärtsilä Helps Ship Owners and Operators Get More Worth Their Money Through Safety

Wärtsilä extends support to ship owners and operators get more worth for their money from onboard assets. 7 ways to make a ship smarter, leaner and safer with a connected ECDIS. Enables shipowners...

Haven’t Even Scratched The Surface of Coronavirus Knock-on Effects!

As the Chinese workforce returned to work, markets are starting to evaluate the coronavirus knock-on effects. Many fear that we haven't reached the surface of the knock-on effects as the virus is still...

SOLAS Containership Fire Regulations ‘Inadequate’! IUMI Calls for Amendments

IUMI calls for amendments to SOLAS Chapter 11-2 regulations.  Enhanced provisions for early fire detection and effective control of fires in containerised cargo stowed under and on deck are the amendments called for. ...

Coronavirus Impact Spreads! Disruption Starting To Spread To Neighboring Economies!

Trade market is passing through a period of disruption forced by the coronavirus outbreak, affecting physical supply chains. Outbreak has a negative impact upon exports coming from China to the U.S. and Europe. ...

Weekly Bulk Report – Week 7, 2020

The Baltic Briefing has released a report about the dry bulk market of the 7th week of shipping activities of this year. The report dated 14th February highlights the plight of the dry bulk...

Chinese Port Operations Disrupted Due To Labour Shortage

Chinese ports are facing a heavy shortage of labour due to a virus outbreak. The remaining ports are using screening and quarantine measures to manage the infection risk. Several borders remain open while...