Supramax and Handysize Reach Peak Freight Levels
China port congestion holding up ships
robust commodity demand chasing tonnage
Handysize gain helped by firm container trade
Spurred by robust demand for commodities along with port congestions and fleet inefficiencies, the smaller bulker...
New Rules For Tanker Owners To Enter Into Chinese Waters
Beijing demands tanker owners detail what they’re carrying onboard as they enter Chinese waters.
They unveiled these new rules on Sunday.
Tanker owners coming near to China have more paperwork to complete, reports Splash247.
US’...
Update: Fragmented Hull of Grounded Bulk Carrier Towed Into Port
In regard to the grounding of Crimson Polaris that occurred off the coast of Hachinohe on August 11, the bow part of the fragmented hull was towed into Hachinohe Port by a salvage company...
Pemex To Restore Oil Output Lost To Platform Fire By Aug 30
Pemex targets restoring oil output lost to platform fire by Aug 30
the accident in the southern Gulf of Mexico knocked 125 wells offline, totaling 421,000 barrels per day (BPD) of lost output
...
BIMCO’s New Survey To Collect Information On Biofouling Management
BIMCO is launching a new survey to gather information about the effectiveness of their anti-fouling systems (AFS).
The information gathered will help BIMCO provide factual information to the International Maritime Organization (IMO) about...
MI Hails For ‘Well-To-Wake’ Approach In GHG Deeming Fuels
The MI is calling on maritime policy-makers to adopt a “well-to-wake” approach in greenhouse gas (GHG) accounting of fuels.
The “well-to-wake” approach is used to support the decarbonization of maritime transport.
The Methanol Institute...
COVID Updates: Woman Dies After Jab, UK Travel Changes & More
A BBC article brings five things to know about the coronavirus pandemic as of Monday morning.
New Zealand woman dies after Pfizer jab
New Zealand has reported what it believes to be the first death linked...
Swift Demand Recovery From China Likely To Trigger Fresh Rallies
fragile economic releases from China, a surge in new virus cases across the world, and a strong US greenback cast doubt on the bullish outlook of industrial commodities
a slowdown in industrial activities...
Weekly Tanker Report – Week 34, 2021
The Baltic Exchange has released a report about the dry bulk market for the 34th week of shipping activities of this year. The report dated 27th August highlights the dry bulk market conditions at...
GMS Week 35 – Taking Stock!
Prices have settled into a new reality this week as end Buyers get back to buying at levels just shy of the historical peaks seen this year, closer to (and in some cases, just...