Is Russia Still Continuing Its Military Drills?
A Russian attack on Ukraine is "still very much a possibility" and the human cost would be "immense", US President Joe Biden has said, reports BBC.
End of military drills
Mr Biden said Russia had massed...
Updates On The Global Port Congestion
Container shipping analysts around the world have this week been providing updates on the global port congestion.
In total, Linerlytica tallies 10% of the global boxship fleet – or 2.53m teu – is...
THE Alliance Drops One Of Its Two Pendulum Loop
THE Alliance is dropping one of its two pendulum loops and replacing the string with separate Asia to North Europe and Asia to US west coast services, says an article published in Theloadstar.
Severe delays
The...
Eutelsat & Marlink Extend Global Maritime Partnership
Multi-year extension of initial 2019 agreement representing several hundred incremental Mhz
Supporting expansion in Africa and the Middle East and extending coverage to Asia and the Americas
Eutelsat Communications and Marlink, the Smart Network...
NYK And PowerX To Jointly Work Towards SDGs
On January 28, NYK and PowerX, Inc. (Power X) agreed to a memorandum of understanding (MoU) to jointly study the possibility of collaboration on the development of marine batteries for ships, in addition to...
Wärtsilä Sign A Ten-Year Long-Term Service Agreement
Wärtsilä has signed a ten-year long-term service agreement covering two industrial combined heat and power (CHP) plants in Italy.
The Guaranteed asset performance agreement covers altogether five Wärtsilä 31SG gas engines.
To date,...
PIL Announces Penalty Of US$30,000/Container For Cargo Weight Misdeclaration
Pacific International Lines (PIL) will impose a fine of US$30,000 per container for any misdeclaration of the cargo weight, a charge that is already effective from 15 February, says an article published in Container...
Oil Prices Inch Towards $100 a Barrel
Oil’s surge toward $100 a barrel for the first time since 2014 is threatening to deal a double-blow to the world economy by further denting growth prospects and driving up inflation.
That’s a...
East Of Suez Bunker Fuel Availability Outlook
All fuel grades remain in tight supply for prompt delivery dates in Singapore. Dwindling fuel oil cargo inflows and rising exports have contributed to curb availability of VLSFO, although lead times are one day...
Bunker Prices May Drop
MABUX World Bunker Index (consists of a range of prices for 380 HSFO, VLSFO and MGO in the main world hubs) demonstrated upward changes on Feb.15, says an article published in Mabux.
380 HSFO –...