Pandemic Leads To Luxury Liners Queuing Up At Alang Shipbreaking Yard

In the last 50 days, three luxury liners have queued up at Alang to be broken, reports The Indian Express.Alang Shipbreaking Yard The Alang Shipbreaking Yard in Bhavnagar district of Gujarat is often seen a...

KBRA Research Reveals The Positive Effect Of The Pandemic On The Shipping Industry

Kroll Bond Rating Agency (KBRA) continues to engage with its rated issuers in the shipping space as the industry rides the waves of COVID-19, reports Business Wire.  Growth in demand  Despite the impact of the pandemic...

Ships Getting Larger, While Number Of Companies Decreasing

 At the end of 2020, there were 944 container ports served by liner shipping services. This is an increase of 13% compared to the 834 ports in the first quarter of 2006. The size...

Insurers Are Set To Raise The Cost Of Cover After Red Sea Attacks

Insurers are set to raise the cost of providing cover for merchant ships through the Red Sea after a series of incidents that have hit vessels around Saudi Arabian waters, says an article published...

Europe Entering Catastrophic COVID Phase With Death Toll Rising To  600,000

More than 600,000 people have died of coronavirus in Europe, according to the official statistics tabulated by Worldometer, which includes Russia in its count. The continent surpassed the horrific marker earlier this week, reports...

COVID19 Causing Permanent Changes To the Global Workforce

Reports suggest that pandemic related changes in the global workforce likely to be permanent Employment loss is triggering a fiscal gap amongst the rich and the poor  People are likely to opt for...

The Charm and Challenges of Remote Surveillance of Ships During Covid 19

Anchored at Port Hedland on the west coast of Australia, capesize bulk carrier Berge Zugspitze was put through its latest periodical survey in May. The Isle of Man Ship Registry deputy director Toby Brooks and...

Evolution of Car carriers, Going Down the Maritime Memories

The article published by Captain James McNamara in Freight waves tells us the evolution of the car carriers experienced, from early 1960s with period of time.Let us get into the details for more information...

Damco Scrapped, Freight Forwarders At Crossroads, What Next?

Shippers face a choice as they plan their freight strategies: the simplicity of a single end-to-end provider or the reduced risk of a diversified carrier network. Maersk pursues an end-to-end logistics strategy ,...

Freight Rates Shoot Up Due to Rush in Exports

Ocean freight rates are up as much as threefold on year, and the firmness of pricing could remain and help Korea’s shippers for the rest of 2021. The Shanghai Containerized Freight Index (SCFI)...