GENCON Charter Party By BIMCO in May 2021
The revision of BIMCO’s most widely used voyage charter party – GENCON – is entering its completion phase.
The drafting team will meet during the autumn to process invaluable feedback received by the...
RSMA Annual Exhibition 2020 Goes Virtual
The Baltic Exchange is supporting the Royal Society of Marine Artists by sponsoring a prize in this years' annual showcase.
Award selection
The 'Baltic Exchange Award', for outstanding work in the exhibition, is selected by the Society's...
Cargo Ship Sinks, Crew Rescued
Cargo ship MSV KRISHNA SUDAMA sinks at night Sep 26 in Gulf of Kutch.
The ship loaded with 905 tons of rice and sugar is destined for Djibouti.
12 crew members safely rescued.
Cargo...
DNV GL Says Fuel Choices Key To Tackle GHG Emissions
DNV GL – Maritime releases the fourth edition of its Maritime Forecast to 2050.
The Maritime Forecast to 2050 aims at enhancing the ability of shipping stakeholders in the industry and set shipping...
Global Trade and Supply Chain at Risk With Uncertain Future of Offshoring
The re-evaluation of offshoring production is expected to switch to reshoring.
Production of global trade to move across borders in the medium term, reverting to domestic production, nearshoring, and shifting to different offshore...
Shippers To Face Supply Chain Disruption As Prices Shoot Up
Shippers in e-commerce advised to plan for potential supply chain disruption and rising prices as the peak season looms.
Supply chain undergoes a massive change due to Covid 19 lockdowns.
Most notably via...
Where Bunker Prices Are Headed In The Future?
Pricing methodology used to calculate fuel energy value.
This resulted in greater demand for atmospheric high sulfur residues as cracker feedstocks, thus resulting in a hike in the price of IFO 380.
VLSFO...
Twelve Members From Sinking Vessel Saved By The Coast Guard
Twelve crew members of a cargo vessel sinking in the Arabian Sea off the Gujarat coast have been rescued by the Coast Guard, officials said on Sunday, as reported by The Economic Times.
Around 9...
COVID Cases Rise By 7 Aboard Moored Bulk Carrier
Heavy carrier Patricia Oldendorff moored off Port Hedland in Western Australia.
Nine crew have tested positive to coronavirus, including another seven.
State's health minister warned situation must be contained to prevent outbreak.
Seven new...
2M Reinstates Transpacific Trades Pleading for Empty Containers’ Return
The TP8/Orient and TP11/Elephant services, which had been structurally blanked in the second quarter had been reinstated.
Maersk warned shippers there was still a number of threats to container supply chains between Asia...