Strong Rates Puts A 13-year Peak on Baltic Freight Index
Robust demand across all vessel segments drove the Baltic Exchange's main dry bulk sea freight index to rise to its highest level in 13 years on Monday, reports Yahoo Finance.
Baltic freight index rise
The Baltic...
[Watch] IGP&I – Review of Claim Trends & Coverage
Watch Chair Paul Jennings and International Group CEO Nick Shaw discuss the Group’s activities over the last 6 months.
Disclaimer: This video is intended for informational purpose only. This may not be construed as a...
Why China Inside Its Own Bubble Is Safe But Unsustainable?
70 percent of the population in China had then been fully vaccinated
Chinese government has slow-pedaled the approval of the American mRNA vaccines
Chinese outbound tourism will not rebound any time soon
In mid-September...
Rising Transpacific Demand, Spot Rates Ease
There were signs of a silver lining finally beginning to appear for beleaguered US shippers this week.
This follows the spot container freight rates to both the west and east coast showed a...
HTK Shipping is Closing On Its Largest Ship To Date
Hans Thaulow for Splash 247 states that HTK Shipping pounces for its largest ship to date.
Vietnamese handysize specialist HTK Shipping
Vietnamese handysize specialist HTK Shipping is closing on its largest ship to date. Sources report...
Maersk Warns Customers Ahead of Pre-Chinese New Year Rush
Maersk says it expects to see 'early signs of a pre-Chinese New Year rush in December,' and is advising customers to plan their supply chains 'well ahead'.
A carrier contact told The Loadstar it...
IMO and ILO Highlight Access To Medical Facilities for Key Seafarers
Joint Statement by IMO and ILO highlights need for prompt access for medical assistance for vital key worker seafarers, says IMO news source.
Details of joint statement by IMO and ILO
The Secretary-General of the International...
BIMCO Proposes To the MEPC To Extend Experience-building Phase
BIMCO has submitted a proposal to the upcoming Marine Environment Protection Committee (MEPC) 77.
Its aim is to extend the experience-building phase (EBP) associated with the International convention for the control and management...
ABS Grants AIP To Autonomous Vessel Technology
ABS has awarded Approval in Principle (AIP) to technology in an autonomous tug project.
The Smart Maritime Autonomous Vessel (SMAV) project saw successful sea trials carried out in 2020.
The SMAV project was...
Inadequate Communication Led To Fatal Collision
The National Transportation Safety Board says a fatal head-on crash between two towboats pushing barges in Louisiana was caused by inadequate communication and failure to broadcast their total sizes
Incident
Destrehan is about 15 miles (24...