Spike in Shipping Costs, Competitive Maritime Market
Discussions are underway between the Competition and Markets Authority (CMA) and international maritime bodies over the increasing costs of international shipping.
The CMA said it is aware of concerns of collusion and price...
The 17th Century Swan Unearthed in the Baltic Sea
A 17th century Dutch trading vessel discovered by a Finnish diver last year on the bottom of the Baltic Sea has been identified and dated, reports Dutch News.
Search for wartime battle ships
The ship known...
An Introductory Guide On Logistics Industry Operations
The logistics industry is an important one in all business operations.
Logistics operations are the process of transporting finished goods from the manufacturer to the customer.
A News Wire report by Alex Hamilton reveals...
HHI Makes Efforts To Fund Eco-Friendly Ship Tech
HHI seeks $930M IPO to fund eco-friendly ship tech
the shipbuilder plans to offer 18 million new shares at a price ranging from KRW 52,000 to KRW 60,000 each
Hyundai Heavy Industries (HHI) has...
Sumitomo Corporation, Now A Part of Zero Carbon Shipping
Japanese trading company Sumitomo Corporation and Mærsk Mc-Kinney Møller Center for Zero Carbon Shipping today (11 August) signed a partnership agreement.
It is to commit to a long-term strategic collaboration on the development...
US Senate Passes the Landmark $1tn Infrastructure Bill
The Coalition for America’s Gateways and Trade Corridors (CAGTC) congratulates the U.S. Senate for passing today the Infrastructure Investment and Jobs Act (IIJA), an historic $1 trillion bill, reports Ajot.
Fund to improve transportation
Up to...
Key Market Indicators for August 10-13, Asia Residual Fuels
Morning discussions for the ICE October Brent futures contract showed it was trading at $68.97/b at 0245 GMT Aug. 10.
Down from the $71.78/b level at 0830 GMT Aug. 6, Intercontinental Exchange data...
Lack of Vessels Hindering Re-Entry To Europe Trades
Wan Hai says lack of vessels is hindering re-entry to Europe trades
the idle container ship fleet was at a historical low of 0.7%, meaning almost all available vessels are in use
Wan Hai...
[Watch] Paris Climate Goals Far From Reach, Says Report
A bleak new report which the United Nations calls a “code red for humanity,” warns that time is running out to save the planet as climate change is accelerating and intensifying.
Unless there...
NGO Shipbuilding Platform Publishes South Asia Quarterly Update
In its quarterly publication, the NGO Shipbreaking Platform informs about the shipbreaking industry in Bangladesh, India and Pakistan, reports the official twitter page.
Negative impacts of substandard shipbreaking
Providing an overview of accidents that took...