$14,000 To Ship a Container To the UK, But the Usual Price is $2,500
The founder of start-up Houseof.com, which imports lighting from China, says the rise in shipping costs means she's making a loss on what she sells.
The six-fold increase in shipping costs is hard...
Analyzing Covid 19 & Its Colossal Impact on Various Sectors
The coronavirus pandemic has reached and devastated almost every country in the world.
Its spread has left national economies and businesses counting the costs.
The governments struggle with new lockdown measures to tackle...
Sovcomflot Inks LNG Newbuild Charter Agreement With Total
PAO Sovcomflot (SCF Group) and Total have concluded a time charter agreement for up to 7 years for a newbuilding 174,000-cbm LNG carrier, to be owned and operated by SCF, with options for up...
Can Shipping Absorb the Cost of Emission On Top of A Technology Levy?
According to an article published in Shipping Insight, two separate and unconnected events took place might have a disconcerting message for ship operators who may have far more on their mind than preparing for...
Norsepower Installs World’s First Tiltable Rotor Sails
Norsepower has successfully installed two 35-metre tall Rotor Sails for SEA-CARGO.
The installation heralds the world’s first tiltable Rotor Sail.
The system is fully automated and detects whenever the wind is strong enough...
DESMI BWMS Gets USCG & IMO Type Approval
A new configuration of DESMI Ocean Guard’s CompactClean BWMS has been approved by both the US Coast Guard and the Danish Maritime Authority.
CompactClean Bulker is designed for higher flow rates during deballasting,...
TFG Marine To Kick Start UK Bunkering Operations
TFG Marine Pte Ltd will start bunkering operations at the Falmouth Anchorage, off the South West Coast of the United Kingdom.
TFG Marine will provide bunker operations from this month with two SIRE...
Maersk Institute Seeks Economist To Abet Shipping Decarbonization
The Maersk Mc-Kinney Møller Center for Zero Carbon Shipping has posted a job advertisement for a chief economist in Copenhagen, reports Ship & Bunker.
Shipping decarbonization
The Maersk Mc-Kinney Møller Center is a non-profit independent research...
IMO 2020 And Its Impact On The Oil And Gas Industry Report
The "International Maritime Organization (IMO) 2020 and its impact on Oil and Gas Industry - Thematic Research" report has been added to Research And Markets website offering, says an article published in finance.
IMO 2020
The...
OOCL Profits Plummet Amid Soaring Rates & Demand Spike
OOCL enjoys rich profits following a demand spike despite pandemic.
OOCL’s liftings improved by an above-market 7.3% on 2019 with revenue gaining 18.9% on the year.
Tradelanes also record substantial gains and no...