9 Days After the Bulk Carrier Fire, Firefighting Continues
The fire-hit Almirante Storni bulk carrier was brought into the port of Gothenburg over the weekend.
Further, firefighting operations were performed to douse the ship’s cargo of timber continue, nine days after the...
Forwarders Clueless About 2022 Container Spot Rates
Container spot rates are edging up again across most tradelanes, with a big spike expected in January ahead of the Chinese New Year holiday.
According to today’s Ningbo Containerized Freight Index (NCFI), 15...
Cargo Ships Collide, 2 Missing
Two cargo ships collided on Monday during foggy conditions in the Baltic Sea between the Danish island of Bornholm and the southern Swedish city of Ystad and a rescue operation was launched for two...
Integr8 Fuels: Bunker Buyers Lose Up To USD 5/mt
Anton Shamray of Integr8 Fuels, the bunker trading and brokerage arm of Navig8, says an article published in Manifold Times.
Brent prices
With the Brent price recently touching the USD 80 mark and before the Omicron variant...
Asia Fuel Oil VLSFO Refining Margins, Cash Premiums Slip
SINGAPORE, Dec 8 (Reuters) - Asia's front-month crack for 0.5% very low-sulphur fuel oil (VLSFO) slipped on Wednesday but traders said steady bunkering demand and limited arbitrage arrivals from the West would support the...
Are We On Course To “The 6th Mass Extinction Event”?
Earth’s skin already bears the scars of the climate crisis. Fires ravage forests, hurricanes swamp coastlines, floods drown city blocks and entire species disappear. But beneath the surface layer, in the planet’s rocks, lies...
H-Energy To Launch Eight LNG Cargo Contracts Annually
H-Energy Global, an Indian natural gas firm, has issued a tender for eight LNG cargoes per year beginning in spring 2022 as reported by Offshore Energy.
LNG tender
This new liquefied natural gas tender was reported...
The House Approves A Bill Addressing Shipping Container Dilemma
House lawmakers voted 364 to 60 on Wednesday night to pass the ‘The Ocean Shipping Reform Act of 2021’ a bipartisan bill aimed at curbing the shipping container crisis.
The bill could greatly...
What Are The New Advancements in SIRE 2.0?
OCIMF has been working on the new SIRE 2.0 regime since 2017 and is expected to become operational in 2022. Until then, the current SIRE programme will continue to be updated and improved to...
“Weaponized Bug” Poses A Threat To Internet Connected Devices
A 'fully weaponised' software flaw that easily allows criminals to steal personal data, plant malicious software or hijack credit card details is the biggest threat in the history of modern computing, experts have...