According to an article published in TT News, International freight transport and logistics insurer, TT Club alerts supply chain operators to the consequential impact of disruption stemming from recent blockage in the Suez Canal...

Leading Classification Society ClassNK has certified “Sunflame Smart Support System,” developed by Sunflame Co., Ltd., as Innovation Endorsement for Products & Solutions, under the Society’s certification service for innovative technologies. Innovation Endorsement certification In July 2020,...

Higher capesize rates lift Baltic index to 2-week high, reports Yahoo Finance. Baltic Index high rates The Baltic Exchange's main sea freight index, which tracks rates for ships ferrying dry bulk commodities, advanced on Monday, supported by...

Samsung shipyard acquires independent technologies for wind turbine installation vessel, says a press release published on Samsung Heavy Industries.Design and approval Samsung Heavy Industries (SHI) said that the design of its low carbon-emitting WTIV concept...

Mediterranean Shipping Company (MSC) is expanding its services portfolio with the launch of a new intermodal solution between Asia and Europe, says an article published in Splash 247. Response to cargo demand According to MSC, the...

Pan Ocean entered a contract to charter out an LNG bunkering vessel to Anglo-Dutch major Shell, says an article published in Splash 247. $55 revenue deal South Korean shipping company Pan Ocean had entered a contract...

The Baltic Briefing has issued the tanker report for the 14th week of this year. The report dated 09th April 2021 provides a valuable insight into this week’s tanker market dealings, freight rates, and...

The sudden implosion of Bill Hwang's Archegos Capital Management is one of the most spectacular failures in modern financial history, says an article on NDTV.Bill Hwang's early career life Starting in 2013, he parlayed more...

The focus of this advisory is prevention of damage to the main engine, auxiliary engine and boiler plant caused by fuel oil contaminated by chemicals such as cleaning solvents. In a recent matter...

Asia is bracing for higher Middle East LPG supply, as Saudi Arabia unwinds its voluntary 1 million b/d in extra crude production cuts over May through July. While US-Iran indirect talks over restoring...