Container spot rates are falling – and are unlikely to see any noticeable edge up for the remainder of what has been a record-breaking 2021. Liner shipping is on course to smash profits...

Global stock markets were mixed Tuesday after Wall Street hit a record for an eighth day, reports abc news. About the stocks On Wall Street, the future for the benchmark S&P 500 index was up less...

 The village of Shishmaref, in Northern Alaska, may have to be relocated due to rising temperatures, thawing permafrost, and rapid coastal erosion, says the video article published by BBC. Denis, who has lived here for...

    The holiday shopping season is boosting China's trade at a time when the country needs it most. But that doesn't mean its economic woes are over just yet, reports CNN. Surge in exports Chinese exports surged...

  For people at high risk of severe disease, comes as a prominent virologist has suggested using molnupiravir could do far more harm than good, potentially unleashing new, deadlier variants of SARS-CoV-2, reports Science.  About molnupiravir The...

At a time when a booming freight market has meant fewer cargo ships docking at Alang's ship recycling yard, a jump in cruise ships arrivals has come as a respite, owing to the impact...

Teck and Oldendorff announced an agreement to employ energy efficient bulk carriers. This industry-leading initiative is expected to achieve a CO2 emissions reduction of 30 - 40% for shipments handled by Oldendorff. Partnering...

California adopts federal ballast water discharge standards Amendments will become effective on 1 January 2022. The changes incorporate the federal ballast water discharge standards and implementation schedule into California law. Further to our previous...

Cargo ship with container capacity drifted aground and broke in two in the morning Nov 9 in, Russia, Japan sea, reports Maritime Bulletin. What happened? According to first information, a cargo ship with container capacity drifted...

Asia's light end markets were lifted by bullish sentiment in crude oil futures in mid-morning trade Nov. 8, with sentiment also firm due to demand-side factors, including expectations of firming gasoline demand as pandemic...