No Inclination To Stop The Ukraine Conflict!

It did not mention a ceasefire and accused Ukraine of using civilians as human shields. Bennett visited Moscow on 5 March, spending three hours with Putin before travelling on to Berlin to brief...

Increased Sailing Distances Will Not Be Sufficient To Pay Off

World grain reserves have fallen for five consecutive years to 596m tonnes, with a little exportable surplus. The only viable options could be France, Germany and India. India’s steel-maker ArcelorMittal halted production at...

Russian Oil On Their Way To US Ports

At least two tankers were loaded with Russian oil and departed for U.S. destinations, according to information obtained by American Shipper. Still, the possibility of keeping the contracts and taking on Russian oil...

Weekly Bulk Report – Week 10, 2022

The Baltic Exchange has released a report about the dry bulk market for the 10th week of shipping activities of this year. The report dated 11th March highlights the dry bulk market conditions at the...

Foreign Flagged Ships Detained In The UK During February 2022

The Maritime and Coastguard Agency (MCA) announced that five foreign-flagged ships remained under detention in UK ports during February 2022 after failing Port State Control (PSC) inspection. Five new detentions During February, there were five new...

BIMCO COVID 19 Weekly Report Dated 11 March 2022

This BIMCO COVID 19 weekly report for the week ending 11 March covers the International Maritime Organization (IMO), Fiji and the latest from the World Health Organization (WHO).  Every week, BIMCO summarises measures imposed by...

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 2022-3-11 2022-3-4 Weekly change (%) Ningbo - Europe 4877.79 5337.42 -8.61 Ningbo - West Mediterranean 5286.78 5475.51 -3.45 Ningbo - East Mediterranean 4236.50 4434.75 -4.47 Ningbo - Middle East 2736.37 3057.76 -10.51   The weeklyNingbo...

Castor Maritime Inc. Announces New Charter Agreements

Castor Maritime Inc., announces new charter agreements in its recent press release. The time charter M/V Magic Moon The M/V Magic Moon, a 2005 built Panamax dry bulk carrier, has been fixed on a time charter contract...

Giant Investment Bank To Profit From War In Ukraine

The Wall Street firm has told the public it is “winding down” its business in Russia, portraying its actions as supportive of U.S. efforts to stop Russian President Vladimir Putin, reports NBCNews. Bank giant cashing...

UK’s First Step Towards Sustainable Shipping

The new unit will also help develop the infrastructure to enable zero-emission technologies, and the physical infrastructure needed to power new vessels. UK SHORE to take the industry back to the future. Details...