Trans-Pacific Sailing Rates Drop Amid Pre-Lunar New Year bookings
All-inclusive rates touch $12,000/FEU to USWC
Southeast Asian market finds rate balance
Europe imports soften, rates ease
Sources say that all-inclusive rates for trans-Pacific sailings in the March loading period have edged dropped significantly...
Memorandum of National Courts’ Symposium on Maritime Cases
The UK P&I Club reports of an article by Haitong & Partners law firm dated 27.01.2022 in which Haitong provide their comments on the maritime section of the Supreme Court’s Memorandum of National Courts’...
[Infographic] Energy Risks Escalate in Russia Standoff With US & EU
Prices for Russia's Urals crude exports have hit near 12-month highs vs regional benchmarks in response to fears of escalation on the border with Ukraine, reports Platts.
Energy risks
Europe is heavily reliant on direct imports...
Cookbooks Overboard! Containership Accident Delays 2 Major Releases
Two cookbooks due to be released soon have sunk in the Atlantic during shipping.
NYT columnist Melissa Clark and Mason Hereford's books will now be released later this year.
The release of two highly-anticipated...
Lack of Communication Between Operators Led To $1.1m In Damage
Poor communication led to a tow striking a railway swing bridge near Slidell, Louisiana, the National Transportation Safety Board said in Marine Investigation Report 22/01 released Thursday.
Incident
On Jan. 12, 2021, an empty hopper barge...
[Watch] Elusive Whale Stranded Near Beach
Rescuers were trying to free a beaked whale which has surfaced in Greek waters, trapped near a beach on the Athens Riviera.
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Source: Reuters
COVID Outbreak Slows Down China’s Industrial Growth
China's factory activity growth is anticipated to have slowed in January as a return of local COVID-19 cases.
China's central bank has already started cutting interest rates and pumping more cash into the...
Israeli Government Struck A Deal Of Five Million COVID Doses
The Israeli government has agreed on a deal with US-based biotech company Novavax to buy five million COVID-19 vaccine doses, the Health Ministry announced on Friday.
The Novavax vaccines, expected to arrive in...
Berthing and Bunkering Delays in China Ports and Why?
There has been strict epidemic prevention and control measures at Yangtze River upstream ports, together with complex customs processes at terminals and other relevant departments.
It have widely resulted in berthing and bunkering...
Lloyd’s Register: New IMO Regulations Could Reduce the LNG Carriers
IMO carbon rules may lead to a shortage of LNG carriers later this decade.
New International Maritime Organization rules coming into force from 2025 could lead to a shortage of LNG carriers, according to classification society Lloyd's Register.
A...