Seafarers Shortage Threatens Routes

The international shipping community is facing a major labour crisis, with sailors stranded on ships or at home because of visa and flight restrictions, maritime groups said. With more than 200,000 sailors unable...

Weekly Tanker Report – Week 29, 2020

The Baltic Briefing has issued the tanker report for the 29th week of this year. The report dated 17th July 2020 provides a valuable insight into this week's tanker market dealings, freight rates, and...

COVID19 Commodity Chain Disruption & Global Bullwhip Effect

New pathogens generated unintentionally by agribusiness are not themselves natural-material use-values. They are toxic residues of the capitalist production system. It can be traced to agribusiness commodity chains as part of a globalized...

Shipowners Reaping Stock Benefits As Retail Volumes Increase

Freight Waves Senior Editor, Greg Miller writes how shipowners with lesser stocks are benefitting and this is a perfect story to highlight how you can stay afloat and rock your boat this pandemic. Let's take...

Container Capacity Returning To Normal As Carriers Reduce Rates

According to a Loadstar article written by Mike Wackett, container spot rates from Asia to Europe fell back this week as carriers started to reduce rates slightly to attract cargo. Today’s Shanghai Containerized Freight...

EU Awards €500,000 for Hydrogen Project

The transport of cargo with hydrogen-powered inland vessels between Rotterdam and Genoa has just come a step closer, says a press release published on the Port of Rotterdam website. European Commission funding  The European Commission has...

China’s Swelling Storage Tanks Pose Competition for OPEC

China’s swelling storage tanks are finding its way back into the international market. Traders jump at the opportunity to source cheap crude for resale to regional refiners. 1 million barrels have been procured...

Contain, Control & Cascade – The Mantra for COVID19

The pioneering biotech company, Bicocon's Founder and Chairperson, Kiran Mazumdar Shaw's blog on the next level of pandemic strategy has steered the conversation in the right direction. Let's take a look at what lies ahead. Contain,...

Product Tanker Runs Aground

According to an article published in Maritime Bulletin, a product tanker ran aground at Barranquilla entrance, Columbia. What happened? On July 19, the product tanker Nordic Wolverine ran aground at Barranquilla entrance, Columbia, at around 0700...

COVID19 Hit US Economy Likely To Swamp Other Economies

The United States helped pull the world along as the extra cash from tax cuts. The government spending flowed through domestic and global markets. Current U.S. policy threatens to pull the world under...