New Safety Rules For Enclosed Spaces

New UK rules come into force to tighten up safety for those who work in enclosed spaces on board vessels. The regulations come into force for vessels which come under SOLAS on 14...

[FAQ] Charterparty Issues Arising Out Of The Ukraine Crisis

Sadly, it is now clear that armed conflict has broken out between Ukraine and Russia. Events are fast moving, and it is difficult to have a clear picture of what is happening on the...

Lifting The Covid Restrictions Amidst Doubling Death Toll!

Plummeting Covid-19 case counts across the United States are leading to lifted mask mandates and more conversations about steps toward normalcy -- but more people are dying of the coronavirus now than during most...

Russia-Ukraine Crisis Worsens, Freight Rates Beyond Control

A recent news article published in the Freight Waves states that shipping braces for impact as Russia-Ukraine crisis intensifies. Major geopolitical events Major geopolitical events with tragic human costs have major effects on shipping rates —...

Ukraine Crisis Puts Shipping Industry In Limbo

The initial tranche of sanctions in the wake of escalating Ukraine-Russia tension caused oil prices to spike. But failed to move maritime markets, where risk was already priced in and tanker operators have...

Freeport LNG Ramps Back Up After Recent Power-related Outage

Feb. 23 utilization well below pre-disruption level FOB Gulf Coast cargo values rise to seven-week high Freeport LNG appeared to still be ramping back up Feb. 23 after utilization fell sharply when all three...

How is Ukraine Crisis Affecting the Bunker Companies

High oil prices may be good for margins but are not good for any of us from a credit and financing standpoint, reports Ship&Bunker quoting an analysis by Chris Morgan, global head of credit...

Cargo Shipping is Too Small To Survive the Pandemic!

Sailing aboard a cargo ship has been a niche but popular form of "slow travel." But the industry crashed as shipping firms took precautions against COVID-19. Cruise lines are continuing to experience a steady...

Trans-Pacific Vessel Count on Course for Sharp Increase

Trans-Pacific capacity forecast 41% above pre-pandemic levels Freight All Kinds rates stable, while premiums falter Containership tonnage on the trans-Pacific trade is set to swell from March, as limited blanked sailings and additional vessel...

Omicron Ripping Through Cargo Ships To Aggravate Shipping Crisis

Omicron is ripping through cargo ships, raising concerns that a surge in cases, coupled with China’s tightened quarantine requirements for vessels, could delay supply chain stabilization for the shipping industry, reports Yahoo Finance. COVID hits...