Ningbo Containarised Freight Index
Baltic Exchange publishes the weekly Ningbo Containerised Freight Index, compiled by the Ningbo Shipping Exchange.
The index is reported every Friday (except Chinese holidays) at 1600 (Beijing).
Weekly composite index covering 20ft, 40ft and Hi Cube...
9 Ships Under Scanner Over Devastating Oil Spill
1000s of oil tar washed ashore in Israel as an oil spill rocked the Mediterranean sea.
The military has been deployed for cleanup and people warned not to come near the shore.
Already...
Zhonggu Logistics Finalizes 18-ship Newbuilding Plan
Chinese feeder boxship operator Zhonggu Logistics has finalised orders for its recently announced newbuilding program of eighteen 4,600 teu boxships by ordering the last eight ships at China Merchants Jinling Shipyard, reports Lloyd's List.
Option...
Standard Club Amends Regulations for Customs Breach
Standard Club International Group has amended the Pooling Agreement so that as of 20 February 2021, P&I cover in respect of fines for smuggling and breach of customs regulations will no longer provided as...
Refinery Closures To Affect Bunker Fuel Supply
The recent earthquake in northeast Japan has interrupted refinery operations which could impact the supply of bunker fuel.
Rough sea conditions during the week have also pressured the country's bunker fuel stocks.
Transfer...
[Watch] Terrifying! United Airlines Flight Catches Fire Mid-Air
An "engine failure" explosion on a United Airlines plane caused the flight to drop parts onto homes in Colorado as it made a dramatic return to the airport.
The plane debris fell in...
Bunker Fuel Market Facing Crisis Even After Covid Recovery
According to an article published in S&P Global, marine fuel quality issues could likely escalate once the world starts to recover from the coronavirus pandemic while continued margin pressures may hurt bunker suppliers more,...
Great Eastern Files Bid for State-run Shipping Corporation
The Great Eastern Shipping Company Ltd, India’s biggest ship owner by fleet size, is said to have filed an expression of interest (EoI) to buy state-run Shipping Corporation of India Ltd (SCI) from the...
Finland Extends Seafarer Certificate Validity Due To COVID
Finland’s government is proposing that the validity of fixed-term ships’ crew certificates of competency and certificates of proficiency be extended due to the effects of the COVID-19 epidemic, says an article published in Shipping...
NAVTOR’s Acquisition Of Tres Solutions For Vessel Analytics & Performance Optimisation
Tres Solutions’ core expertise and digital products will now integrate into NAVTOR’s offering, creating a unified platform to help shipowners and operators enhance operations and achieve competitive advantage, says an article published in NAVTOR...