Russia Is Closing Its Digital Doors

Russia's blocking of Facebook is a symptom of its broader effort to cut itself off from sources of information that could imperil its internationally condemned invasion of Ukraine, reports Yahoo. Blocking social media  The often-criticized social...

Container Shipping Rates From North Asia To North America Fall Sharply

Rates slightly above FAK as ex-China demand remains hampered Southeast Asia-US rates rangebound at elevated levels A recent news article published in the Platts states that market continues to dwindle amid increased sailing space. Container...

The Beginning For A New Normal!

While the pandemic is not over, experts say the US may be in for, at the very least, a "near normal" spring and summer, based on new US Centers for Disease Control and Prevention...

Fitness-tracking Smartwatches Recalled Following Skin Burns

A news article published in the BBC states that Fitbit has recalled one of its fitness-tracking smartwatches due to the risk of it overheating and burning people. Voluntary recall by Google The company, now owned by...

ICS Suffers Labour Shortage Amid Russia-Ukraine Crisis

Putin’s war against Ukraine will exacerbate the logistics sector’s labour shortage, as sanctions impede recruitment for seafarers and drivers, reports the Loadstar. Labour shortage International Chamber of Shipping (ICS) data notes that Russians account for 10.5%...

Fuel Prices Mount Up To $922.50 Per Ton

Russian invasion propels price of ship fuel to historic high, reports FreightWaves. Ship fuel costs have “gone parabolic" The price of ship fuel was flirting with a new record even before Russia invaded Ukraine. Then war...

Industry Majors Halt Business With Russia

Global marine fuel supplier Peninsula and Engineering company Wärtsilä has suspended business with Russian vessels, ports, companies (owned or majority-owned), suppliers and financial institutions, reports Ship&Bunker. Peninsula suspends Russian business The company said: ‘Peninsula is shocked...

Beach Cleaners Raise Alarm On Debris from Cargo Ship Spill

A recent news article published in the Pique News Magazine states that debris from cargo ship spill last fall spreading along B.C. coast: beach cleaners. Cargo ship loses 109 containers off the B.C. coast A volunteer...

EuroDry Announces New Charter for Dry Bulk Vessel

EuroDry an owner and operator of drybulk vessels and provider of seaborne transportation for drybulk cargoes, announced a new charter for its drybulk vessel M/V “Molyvos Luck”. New time charter M/V “Molyvos Luck”, a 57,924 dwt...

Controversial Purchase of Russian Crude is To Ensure EU Refinery Supply

Traders, refiners shunning Russian oil over Ukraine Shell lifts cargo at record low level in Platts MOC Shell promises to commit profits from Urals to humanitarian fund Shell's recent controversial purchase of Russian crude...