BIMCO COVID19 Weekly Report – 10 December 2021

This BIMCO COVID 19 weekly report for the week ending 10 December covers the World Health Organization (WHO), Brazil, Canada, Hong Kong SAR, Germany, Greece, India, Japan, Philippines, Singapore, Ukraine, USA and the latest...

Foreign Flagged Ships Detained In The UK During November 2021

The Maritime and Coastguard Agency (MCA) announced that three foreign flagged ships remained under detention in UK ports during November 2021 after failing Port State Control (PSC) inspection. Five new detentions During November, there were...

Amazon Claims A Large Cloud Outage

Amazon.com Inc. said automated processes in its cloud computing business caused cascading outages across the internet this week, affecting everything from Disney amusement parks and Netflix videos to robot vacuums and Adele ticket...

Ningbo Containerised Freight Index

Weekly composite index covering 20ft, 40ft, and Hi-Cube box rates says an article published in Baltic Exchange. Baltic Exchange publishes the weekly Ningbo Containerised Freight Index, compiled by the Ningbo Shipping Exchange. Route 2021-12-10 2021-12-3 Weekly change (%) Ningbo -...

Eight States Hit By A Terrible Tornado

At least 50 tornadoes ripped through eight states late Friday and early Saturday, killing dozens of people as reported by CNN. Tornado destruction A candle factory in Kentucky, a nursing home in Arkansas, and an Amazon...

Weekly Bulk Report – Week 49, 2021

The Baltic Exchange has released a report about the dry bulk market for the 49th week of shipping activities of this year. The report dated 10th December highlights the dry bulk market conditions at...

17 Pandemic Innovations That Are Here To Stay

Before the Covid-19 pandemic began its deadly spread more than 18 months ago, the country seemed to be on the cusp of a future that might be defined by new uses of digital technology,...

[Watch] Giant Argos Platform Arrives Home

BP’s giant Argos platform – the centrepiece of BP’s $9 billion Mad Dog 2 project – has reached its final location in the U.S. Gulf of Mexico following a journey from a yard in Texas. Disclaimer: This...

Weekly Tanker Report – Week 49, 2021

The Baltic Exchange has released a report about the dry bulk market for the 49th week of shipping activities of this year. The report dated 10th December highlights the dry bulk market conditions at...

Global Shipping Earnings Expected To Recede From Peak

The shipping industry's prospects will be harmed by global growth slowdowns in 2022 and 2023, but record-high profitability is likely to motivate containership owners to make more acquisitions and capital investments as reported by...