Capacity Squeeze Makes Forwarders Turn Away New Customers
Some mid-size forwarders are rejecting new larger customers, having been forced to adapt their business model to accommodate the contract ban from Maersk and the reluctance of other shipping lines to offer much capacity,...
A Tale of Two Shipping Markets
It’s a tale of two shipping markets. Spot rates remain near historic highs for container shipping; the boom shows no sign of ending. But over in commodity shipping — dry bulk, crude and product...
[Infographic] China/US Shipping Container Rates on Rise Again
Rates for shipping containers from east Asia and China to both US coasts are on the rise again as US consumers’ demand for goods shows no signs of easing, reports ICIS.
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Arrest Warrant for Cruise Ship Over $1.2m Unpaid Fuel Bill
A Crystal Cruises ship diverted to the Bahamas in an apparent attempt to escape an arrest warrant.
The warrant relates to an unpaid fuel bill according to case documents.
An arrest warrant has been...
Risks Associated With The Lack Of Twist Lock Foundations Inspection
A general cargo vessel had been modified to carry containers on the cargo hatches. Various twist-lock foundations and pad eyes had been welded to the hatch covers to secure containers, says an article published...
BIMCO COVID19 Weekly Report – 21 January 2022
This BIMCO COVID 19 weekly report for the week ending 14 January covers the World Health Organization (WHO), Brazil, Ghana, Libya, Philippines, Romania, Sweden, the UK P&I Club and the latest from the International...
World Bank President Criticizes Microsoft’s $69b Takeover
World Bank President David Malpass on Wednesday criticized Microsoft’s $69 billion takeovers of gaming developer Activision Blizzard as a questionable allocation of capital at a time when poor countries are struggling to restructure debts...
Cyber Perils Outrank Covid-19 And Broken Supply Chains
cyber perils are the biggest concern for companies globally in 2022.
cyber incidents top the Allianz Risk Barometer for only the second time in the survey’s history.
business interruption (BI) ranks as the...
Hologram Treatment for This Ship Management
Business travel is not expected to return to pre-pandemic levels for many years. One maritime company determined to stay in touch with its staff around the world is Columbia Shipmanagement (CSM), which has unveiled...
This (Adults Only) French River Cruise Is The Vacation Of Your Dreams
https://youtu.be/6pgVqhhwzCs
For our latest jaunt, Erin and I ditched the kids and jumped the pond for a weeklong river cruise through the rolling countryside and sprawling vineyards of Provence and Burgundy, France.
Friends and family had...