Drewry’s Composite World Container Index Decreases by 3.8%

A recent news article published in the Drewry states that Drewry’s composite World Container Index decreased by 3.8% to $8,832.23 per 40ft container this week. Composite index decreases The composite index decreased by 3.8% this week,...

Spot Rates Fall, Ocean Carriers To Blank More Sailings

Container spot rates continued their decline this week across most Chinese export routes, prompting ocean carriers to blank more sailings. The Ningbo Containerized Freight Index (NCFI) today recorded falls on all but five...

MOL To Partake In ‘J Blue Credit’ Carbon Offset

A recent news article published in the MOL states that MOL to Participate in 'J Blue Credit' Carbon Offset for Supporting Restoration and Conservation of Seagrass Meadow - Offsetting CO2 Emissions from Repositioning World's...

Experts Call for Care and Attention for Mooring LNG Carriers

A recent news article published in the Riviera states that LNG bunkering has to pay attention to mooring line inclination. Need for special requirements and care Experts agree that special requirements and care are required when...

Shell To Restart Prelude FLNG

Shell has been given approval by Australian regulators to restart its Prelude FLNG facility offshore Western Australia after a more than three-month shut-down caused by a fire incident. On March 18, the Western...

Cruise Line To Operate With Limitations During Initial Sailings

Norwegian Cruise Line’s 2,100-passenger Pride of America will sail with reduced staff and dining facilities when it comes back to commercial operations in Hawaii on Apr. 9, says an article published in Cruiseindustrynews. Measures taken Reduced...

Russian Seaborne Trade Dropped By 58 %

Seaborne trade with Russia has dropped by 58% since the invasion of Ukraine began 22 days ago. New data from financial data provider Refinitiv reveals as images emerge of empty shop shelves across...

What Weapons Will The US Give Ukraine?

The burnt-up wreckage of a Russian tank lies in the dirt, while in an accompanying photo next to it, a Ukrainian soldier carries the armaments said to have caused the destruction, reports BBC. What will...

A Potential Turning Point For Ties Between US And China

When President Joe Biden spoke Friday with Chinese President Xi Jinping, it wasn't just another phone call in an ongoing flurry of telephone diplomacy, reports CNN. About the call This call -- which went nearly two...

Arnold Schwarzenegger’s Anti-war Plead

A video address by Hollywood actor Arnold Schwarzenegger to the Russian people was trending on Russian Twitter on Friday and has sparked reaction, says an article published in BBC. Russia can stop the war In it,...