US Senate Reforms Shipping Act As More Complaints Hit Lines

The US Senate yesterday passed the Ocean Shipping Reform Act, as the House of Representatives did in December. Now the two versions of the bill – the Senate’s and the House’s – will need...

Shipbroking Market To See Huge Growth By 2027, Says New Research

Shipbroking market to witness a huge boom by 2027, reports ChattTenn Sports quoting an independent research. Shipbroking market analysis The latest independent research document on Shipbroking examine investment in Market. It describes how companies deploying these...

GTT’s Upgraded LNG Fuel Tank Bags ClassNK Approval

Leading Classification Society ClassNK has issued an Approval in Principle (AiP) to GTT’s technical solution fitted with Mark III membrane tank. AiP for upgraded LNG Fuel Tank The design developed by GTT is an upgrade of...

World’s First Carbon-free Ammonia Fuel Bunker Network Launched

Norwegian ammonia and fertilizer manufacturer Yara International has struck a deal with compatriot technology company Azane Fuel Solutions to establish a green ammonia fuel bunker network in Scandinavia by 2024, reports the Loadstar. Ammonia as...

China Finds New COVID Subtype As Daily Cases Exceed 13,000

The number of Covid-19 infections has hit a new high in China since the early days of the pandemic in 2020. A new mutation of the Omicron variant has been recorded in eastern...

Ningbo Containerised Freight Index

Weekly composite index covering 20ft, 40ft and Hi Cube box rates says an article published in Baltic Exchange. Ningbo Shipping Exchange Route 2022-4-1 2022-3-25 Weekly change (%) Ningbo - Europe 4494.34 4753.61 -5.45 Ningbo - West Mediterranean 5142.80 5107.43 0.69 Ningbo - East Mediterranean 4137.77 4082.34 1.36 Ningbo - Middle East 2276.94 2454.76 -7.24   The weeklyNingbo...

Russian Withdrawal From North ‘Slow But Noticeable’

Ukraine president adds that Kremlin is trying to conscript troops from Crimea, while Kyiv officials say captured troops from both sides have been exchanged today, reports The Guardian. About the rescue Zelenskiy said 6,266 people had been...

China’s Vigorous Measures Might Not Work In Other Nations

Chinese hospitals overflowing with COVID-19 patients a few weeks ago now have empty beds. They learned that about 80% of infected people had mild to moderate disease, 13.8% had severe symptoms, and 6.1%...

Russian Oil Products Continues To Dominate Market Outlook

Russian exclusions to perpetuate trade shifts Ice market transition raises questions for smaller vessel classes Bunker fuel pressure to engulf owner movements Clean tanker markets will likely continue to scramble for available options across...

Unrestricted Cruise Ship Traveling, CDC Lifts Warning

A recent news article published in the Physician's Weekly states that CDC Lifts Warning on Cruise Ship Travel. CDC warning lifted A two-year advisory that warned Americans against going on cruises has been dropped by the U.S. Centers...