World Container Index 79% Higher
Drewry’s composite World Container Index decreased marginally by 0.5% to $9,376.70 per 40ft container this week, reports Drewry on their site.
The detailed assessment
The composite index decreased marginally by 0.5% this week, but, remains...
Time Loss Issues During Crew Change
Because of the Covid-19 pandemic, the shipping industry is now facing several issues.
One of the biggest challenges so far has been crew change.
Restrictions imposed to avoid the spread of the virus...
Has The Tech Giant Begun To Crumble?
Facebook was much in the news last week, although you may not realise that because it has been renamed Meta in the hope the bad vibes associated with its maiden name would gradually fade...
Americas Bunker Fuel Availability Outlook
Houston Ship Channel reopened for vessel traffic in both directions on Wednesday night, at which point the queue of vessels waiting to pass outbound had come down to eight, while inbound congestion had built...
BIMCO COVID19 Weekly Report – 04 February 2022
This BIMCO COVID 19 weekly report for the week ending 28 January covers the World Health Organization (WHO), Bangladesh, Brazil, Cyprus, Hong Kong, Ghana, India, Indonesia, Oman, Philippines, Togo, United Arab Emirates, United Kingdom...
Weekly Bulk Report – Week 5, 2022
The Baltic Exchange has released a report about the dry bulk market for the 5th week of shipping activities of this year. The report dated 4th February highlights the dry bulk market conditions at...
Weekly Tanker Report – Week 5 2022
The Baltic Briefing has issued the tanker report for the 5th week of this year. The report dated 4th February 2022 provides valuable insight into this week’s tanker market dealings, freight rates, and charter...
Computer Chips Based On Neural Network Of Brain!
A new generation of computer chips modelled after the brain’s neural network could be launched before the end of this decade thanks to a new material that has been developed.
In a nutshell,...
Fire Erupted Onboard Tanker
Fire erupted on board a Chinese tanker on Feb 6th in the Persian Gulf, when the ship was en route from Sohar Oman to Dayer Iran, reports Maritime Bulletin.
Fire extinguished
Iranian SAR ship responded, arriving...
COVID Deprives Olympics Curler’s Of Treasured Culture
You touch fists or elbows, but it’s just not the same and it doesn’t necessarily get you that connection with your opposition which is really the cornerstone of what curling’s about.
And some...