Cargo Ship Sinks After Water Ingress
Cargo ship sank in the afternoon Nov 12 40 nm off the coast of Huilai County, eastern coast of Guangdong province, China, South China sea, reports Maritime Bulletin.
What happened?
Cargo ship sank in the afternoon...
Strong Capesize Rates Buoy Baltic Index
The Baltic Exchange's dry bulk sea freight index eased on Friday, but posted its first weekly rise in five weeks, reports Yahoo Finance.
Baltic freight index rise
The Baltic Exchange's dry bulk sea freight index eased...
World Container Index 250% Higher Than a Year Ago
Drewry’s composite World Container index remained steady at $9,192.50 per 40ft container this week.
Detailed assessment for Thursday, 11 November 2021
The composite index remained steady this week, but remains 250% higher than a year...
[Watch] Incredible Night Skies Made By Geomagnetic Storm
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A "strong" geomagnetic storm created a brilliant view of the aurora borealis seen from the UK to Alaska.
Disclaimer: This...
Easing Transpacific Rates Indicate Peak Season’s Closure
Ocean carriers are offering significant discounts on Asia exports to the US and Europe as the traditional slack season kicks in.
The discounting and waiving of premium fees for late November and December...
A Japanese Conglomerate Announces Split Up Proposal
Major changes Toshiba's plan will see it spin off two core businesses - its energy and infrastructure unit as well as its device and storage operation.
It expects to complete the reorganisation by...
This Country Becomes The COVID-19 Hub Again!
About 65% of the population of the European Economic Area (EEA) - which includes the European Union, Iceland, Liechtenstein and Norway - have received two doses, according to EU data, but the pace...
Houston Ship Channel Expansion at $1.1b Underway, Says Chief
Project involves industry participation to accelerate timeline
Project aims to accommodate larger ships
The $1.1 billion Houston Ship Channel expansion dubbed "Project 11" began in the first half of 2021 in an effort to...
Updates on Grounded Cargo Vessel Off Nakhodka
A maritime bulletin article gives updates about the recent grounding of a cargo vessel in Russia.
Cargo ship aground
Cargo ship with container capacity RISE SHINE drifted aground and broke in two in the morning Nov...
Is Facebook Making Society Worse?
Roughly three-quarters of adults believe Facebook is making American society worse, a new CNN poll conducted by SSRS finds, with about half saying they know somebody who was persuaded to believe in a conspiracy...