Can The World Live With COVID-19?
Singapore’s vaccination rate is among the world’s highest
Relaxed restrictions have sent cases soaring
Relaxed restrictions have increased the number of COVID-19 cases. Reopening plans have been delayed and some restrictions have been re-imposed....
[Watch] Cargo Ship Crashing Into Scenic Riverside
A Cargo ship crashed into the Xuhui riverside waterfront terrace when passing Longhua Bend on Wednesday due to tidal influence, reports Shine News.
What happened?
Cargo ship while proceeding upstream in Huangpu river near scenic waterside...
Bulker Collision, 1 Dead, 2 Missing
A bulk carrier collided with Chinese fishing vessel in East China sea some 30 nm SE of Zhoushan, China, in the evening Sep 22, reports Maritime Bulletin.
What happened?
Bulk carrier collided with Chinese fishing...
Gas Prices Surge On Tight Supply Outlook
Risavika LNG index gains continued last week, it was up 9.6 % reaching 75.11 EUR/MWh for October contracts as European gas market prices were on rise on the back of possible Nord Stream 2...
LNG Demand In Asia Rises As LNG Prices Shoot Up
LNG demand to remain strong Q4.
North Asia's LSFO demand to increase in winter as LNG prices rise.
Fuel oil tightness to shift from high to low sulfur.
High spot LNG prices set to...
PiracyDeep Learning Is On The Frontline In A New Age Of Piracy
PiracyDeep learning is on the frontline in a new age of piracy, outwitting attacks with pre-emptive tech.
International Maritime Bureau reporting a 44 per cent YoY dip in piracy and armed robbery incidents...
Inaccurate Stability Resulted In More Than $200m In Damage
The cargo ship capsized near Georgia's Port of Brunswick. The capsizing of the cargo ship off the Georgia coast, which resulted in more than $200 million in damage, was caused by incorrect calculations about...
Understanding the Importance of New Jason Clause in Shipping
The ‘New Jason Clause’ has been recommended for many years for inclusion in contracts for the private or common carriage of goods.
It is particularly if the trade involves US law or cargo...
Maersk’s 2021 Profit Results To Be The Biggest in Danish History
A.P. Moller-Maersk A/S is now heading for a full-year profit that will match its combined results from the past nine years and make business history in its home country Denmark.
Maersk’s 2021 result...
Debate on Rising Freight Rates & Regulatory Intervention
SURCHARGE levels of 70%-80% of the total freight cost are no longer uncommon as carriers seek to handle the crisis in equipment and slot capacity.
And they are unlikely to disappear even when...