[FAQ] When Choosing A Warehouse, Are You Aware Of All The Risks?
When entering any contract, it is critical to understand your obligations fully to mitigate risk. This TT Brief provides a checklist that will assist warehouse operators in avoiding the pitfalls that could lead to...
MOL Accelerates Approach To Improve Customer Satisfaction
MOL announced the success of a demonstration test of automated space management for car carriers,using mathematical optimization, a technology both companies have been working on since 2019.
MOL Group must not only maximize...
Increased Oil Production In Q1 2022, Further Growth In 2023
52% report increased oil production in Q1 2022
Majority see higher capex, further gains in 2023
A recent news article published in the Platts states that oil and gas activity index hits 6-year high...
A Surprise Draw This Week For Crude Oil Of 4.28 Million Barrels
The American Petroleum Institute (API) estimated that there was a surprise draw this week for crude oil of 4.28 million barrels, compared to analyst predictions of a 25,000 barrels build.
U.S. crude inventories...
Despite Easing Spot Container Freight Rates, Serious Bottlenecks Remain
A recent Sea Trade Maritime News states that container freight contracts agreed at high levels despite spot rate easing.
Jeremy Nixon, CEO of Ocean Network Express (ONE)
Speaking about the market Jeremy Nixon, CEO of Ocean...
$22m Claim For Bulker Hit By Missile Off Ukraine?
A recent news article published in the Lloyds List reveals that Beazley handles $22m claim for bulker hit by missile off Ukraine.
Bangladesh Shipping vessel hit by a missile
Lloyd’s underwriter was leading war risk reinsurer...
Scuffle Between Russia And Ukraine Over Drifting Mines In Black Sea
Russia says mines floating in Black Sea
Ukraine says Russia is misleading shipping
Turkey issues alert for drifting mines
A recent news article published in the Reuters states that Russia says mines drifting in...
Shippers Wary Of Long-Term Contracts
The appetite for long-term contracts, much desired by shipping lines, has waned with the onset of war – while long-term relationships with forwarders and carriers are also suffering from deep mistrust by shippers, reports...
New Rocket Engine Could Reach 99% The Speed Of Light
When it comes to space, there's a problem with our human drive to go all the places and see all the things. But another human drive is finding solutions to big problems. And that's...
Which Country Survived Covid Better?
In 2019, the Global Health Security Index published a report ranking countries on their preparedness for pandemics. The US scored highest, followed by the UK. Two years later, both countries rank among those with...