Red-Hot Container Markets Adopt Unconventional Measures
red-hot container markets adopt unorthodox measures
the market has been shaped by measures such as carriers' premium services and surcharges
As exorbitantly high base rates are no longer the ticket to getting a box...
Smaller Vessel Gains Boost Baltic Freight Index
The Baltic Exchange's main sea freight index, which tracks rates for ships ferrying dry bulk commodities, edged up on Tuesday, supported by gains in rates of panamax and smaller vessel segments, reports MarineLink.
The overall...
Oil Leak From Grounded Cargo Vessel
The freighter, the Panamanian-flagged 39,910-ton Crimson Polaris, ran aground at Hachinohe port in Aomori Prefecture.
All 21 crew members -- eight Chinese and 13 Filipino nationals -- had been rescued without notable injuries.
A...
Econnect Energy and Amon Maritime Launch Azane Fuel Solutions
ECONNECT Energy and Amon Maritime announce the launch of the joint venture – Azane Fuel Solutions
the new company will fill an existing gap in the ammonia fuel value chain by developing ammonia...
Congestion At Intermodal Terminals Beyond US Class I Railroads Control
Much of the congestion occurring at intermodal rail terminals is ultimately related to factors beyond the control of the Class I railroads.
And the railroads are doing all that they can to improve...
VLCC Market Stays Static Amid Dampening Crude Spot Rates
The VLCC market is stuck in limbo with spot rates for hauling crude from the Middle East to the Far East staying almost static since the beginning of 2021, forcing owners to idle and...
CorPower Ocean Joins Expert Panel Targeting Offshore Renewables
Swedish wave energy developer CorPower Ocean has joined an elite panel of marine energy experts in Viana do Castelo, northern Portugal, to discuss the region’s ambitious plan to become an epicenter for offshore renewables,...
Speeding Cargo Vessels Threaten Endangered Right Whales
Cargo vessels operating off the increasingly busy Port of Savannah are the primary violators of speed limits intended to protect the critically endangered right whales, says an article published in Saporta Report.
About the Incident
Oceana...
The Golden Retriever That ‘Sniffs’ Coronavirus
The Pokaa the golden retriever has taken up his post in a nursing home in the eastern Alsace region of France says an article published in Euro News.
Testing on Process
Rather than forcing an intrusive...
Surge in Shipping Costs Globally Could Cause Price Hike
The price of shipping goods from Asia to Europe has soared over the past year. But, over recent months, the rise has been particularly dramatic, says an article published on a financial time website.
More...