World Container Index 299% Higher Than a Year Ago

Drewry’s composite World Container index remained steady at $10,377.19 per 40ft container. Our detailed assessment for Thursday, 23 September 2021 1. The composite index remained stable this week, but, remains 299% higher than a year ago. 2....

Easterly Announces New Maritime Investment Company

Maritime Logistics Equity Partners to benefit from the growing market for chemical tanker shipping, expected to reach $9.5 billion by 2026, says an press release published in Business Wire. A vast opportunities Easterly Asset Management announced...

China Faces Another Economic Shock After Evergrande Crisis

Almost half of China’s 23 provinces missed energy intensity targets set by Beijing and are now under pressure to curb power use. China’s energy crisis is part of its own making as President...

Pfizer Uses ‘Immunobridging’ Data for Its Vaccine Study

  For elementary school-aged kids, Pfizer tested a much lower dose  Cases in children have risen as the delta variant swept through the country. The study isn’t large enough to detect any extremely rare...

Weekly Bulk Report – Week 38, 2021

The Baltic Exchange has released a report about the dry bulk market for the 38th week of shipping activities of this year. The report dated 24th September highlights the dry bulk market conditions at...

Corda eBL Replacing E-Title

A change in ownership of the E-TITLE electronic trading system and its underlying legal framework to software technology firm, R3; Corda eBL is a software development kit (SDK), that provides a mechanism to...

No Silver Bullet To Low Carbon Shipping

Action needs to be taken today were two key takeaways from a Sea Asia 2021 panel session on the transition to zero emission fuels. First step was recognising the problem and working together...

How IoT Is Transforming The Shipping Industry?

From emissions to cybersecurity, an array of key metrics must be tracked. And because the IoT is fundamentally a mechanism for collecting and harnessing data. The IoT provides the crucial underlying infrastructure, monitoring...

Is Tesla’s FSD Mode Safe?

Tesla CEO said earlier this month that the company was aiming for a wider release of FSD by the end of September The NTSB has said Tesla ignored its 2017 safety recommendations about...

Port Congestion Worsens, Global Trade & Shipping Operations Static

Congestion at major container freight ports this month has disrupted shipping operations and is leading to stagnation in, Kiel Trade Indicator data shows. Overall global trade is expected to remain pegged to its...