River Level Drop Delays Grains Ships
Grains ships and vessels transporting other products on the Paraguay River are loading at around half capacity due to a historic drought that has hit river levels in the South American region, says an...
HSFO Market Soar Amid Supply Demand Issues
Asia's 180-cst high-sulfur fuel oil (HSFO) cargo cash premium soared to their highest level since the start of 2020, more than doubling from the previous session, as tight supplies and strong demand from utilities...
Qingdao Automated Port Terminal Sets A World Record
The fully automated container terminal at Qingdao Port – owned and operated by Shandong Port Group, or SPG, based in Qingdao city in East China's Shandong province – on Aug 24 set a world...
The World’s Top10 Shipping Lines
It comes as no surprise, that the shipping companies are the most crucial part of the global supply chain. The container shipping lines, with a current active fleet of over 6,200 vessels and a...
World Container Index Up 2.1% Last Week, 351% Higher Than a Year Ago
Drewry’s composite World Container index increased 2.1% or $204 to $9,817.72 per 40ft container, reports Drewry.
Our detailed assessment for Thursday, 26 August 2021
The composite index increased 2.1% or $204 this week, and also,...
COVID-19 Vs China’s Growth
Chinese economists broadly agree that China’s potential growth rate is six percent, , says an article published in TheAseanPost.
China’s gross domestic product
In the second quarter of 2021, China’s gross domestic product (GDP) grew...
Covid-19 Outbreak Impact on Crew Change Crisis
Covid-19-related travel and border restrictions, and the widespread suspension of international flights, have significantly impacted the ability of ship operators to conduct crew changes.
Nearly one million seafarers are working on some 60,000...
NGOs Call To Stop Unlawful Beaching of Ferry
Greece and Bangladesh have been urged by NGOs to stop the “illegal” beaching of a ferry containing asbestos and other toxic materials.
Greek authorities immediately called the vessel back for safe and environmentally...
[Watch] Hard Grounding, Vessel In Danger Of Sinking
Ferry ran aground on a coast of islet Es Malvins at around 2200 LT Aug 28, with 35 passengers and 12 crew on board, reports Maritime Bulletin.
What happened?
Ferry ran aground on a coast...
[Watch] Bulker Disabled After Engine Failure
Bulk carrier suffered engine failure when about to enter Bosphorus from Marmara sea, reports Maritime Bulletin.
What happened?
Bulk carrier suffered engine failure on Aug 29 when about to enter Bosphorus from Marmara sea, ballasting...