A Lesson To The Shipping Industry From A380’s Failure
Early October 2021, news reports said freight rates were showing signs of plateauing despite an overheated container shipping market.
Spot rates appeared to stabilise, although trends for the long term remained high.
Similar...
Why Containership Speed Up Amid A Red-hot Freight Market?
Container ships are crossing the world’s oceans faster this year amid a red-hot freight market.
The latest ship-speed stats from U.K.-based data provider VesselsValue reveal the extent of the gains.
The data also...
Spot Rate Slides, Whereas Premium Surcharges Are Piling Up
Container spot rates from Asia to Europe continued their downward trend this week from their September all-time highs, while transpacific base rates also lost significant ground.
Today’s Ningbo Containerized Freight Index (NCFI) commentary...
Port Congestion Amidst High Winds And Choppy Seas
Storm season is coming to the shores of Southern California, and that could make global supply chain bottlenecks even worse, reports The Strait Times.
Port congestion
Close to 160 vessels are waiting to enter the Long...
Will Bombing The Molten Rivers Divert The Flow?
Bombing the sizzling lava flows of La Palma's still-erupting volcano may be the only way to prevent the destruction the molten rivers are causing, a Spanish politician has suggested, reports Space.
La Cumbre Vieja volcano...
This Web Browser Outdid Firefox
Slowly but surely, Microsoft Edge is beginning to establish a lead over veteran web browser Firefox, new data suggests, reports techradar.
Microsoft Edge overtook Firefox
According to the latest figures from StatCounter, Microsoft Edge now holds...
All You Need To Know About U.K- U.S Travel During COVID
Fully vaccinated travellers - from more than 30 countries including the UK - can visit for the first time since the start of the pandemic. UK visitors are now able to travel to the...
ClassNK Grants First “CybR-G” Notation for Cyber Secured Vessel
Leading Classification Society ClassNK has granted Cyber Resilience-Guideline (CybR-G) notation to TATESHINA, an oil tanker built by Nantong COSCO KHI Ship Engineering Co., Ltd.(NACKS) for NYK Line, reads an official press release.
ClassNK CybR-G notation
CybR-G...
Tight Supply Makes Fujairah HSFO Prices Less Competitive vs Singapore
Tightness in the Fujairah HSFO market has left its premium to Singapore's prices at the widest level in 18 months, reports Ship & Bunker.
High power generation demand for fuel oil
HSFO at Fujairah stood at...
Wärtsilä Optimized Maintenance Agreement for 10 Gaslog Carriers
The technology group Wärtsilä’s Optimised Maintenance Agreement has been selected by Greek shipowner and operator Gaslog to cover ten of the company’s very large LNG Carrier vessels, reads an official news release.
The agreement is...