97 Incidents of Piracy and Armed Robbery Reported in 2020
As piracy remains a hot topic of discussion and a challenging issue for the shipping industry, ReCAAP ISC launches its annual report for 2020.
It reports 97 incidents in Asia, which reveals a...
Revised IMSBC Code for Bauxite Cargoes Mandatory
A need to draw a distinction in the IMSBC Code between bauxite cargoes that liquefy, those that do not, led to the development of a new cargo schedule for bauxite fines in the...
Cause and Effect of Inflation in Shipping Costs
The dollar-amount spent by shippers, such as manufacturers or retailers, on shipping their goods jumped by 13% in December from a year earlier.
It has driven the Cass Freight Index of Expenditures to...
ABB Bags First Azipod Electric Propulsion Deal for Superyacht
Netherlands-based yacht builder Oceanco will be including ABB’s Azipod electric propulsion technology on a new superyacht that it is being built to the highest sustainability standards, reads an ABB press release.
According to ABB, the...
Ice Cream in North China Tests Positive for Coronavirus
COVID-19 has been found in ice cream produced in China, causing the government to recall them and to quarantine 1,662 employees of the manufacturer.
Three product samples from the Daqiaodao Food Company in...
Ningbo Containerised Freight Index
Baltic Exchange publishes the weekly Ningbo Containerised Freight Index, compiled by the Ningbo Shipping Exchange.
Weekly composite index covering 20ft, 40ft and Hi Cube box rates by Ningbo Shipping Exchange :
The weekly Ningbo Containerised Freight...
How Skilled Seafarers Contribute To Cost Efficiency?
The leading international catering manager and training provider MCTC suggests that, effective training programmes are the key to help ship operators and owners to generate cost efficiencies within their business, says an article published...
Weekly Tanker Report – Week 2, 2021
A general further weakening of flat rates was seen across this sector, reports Baltic Exchange.
VLCC
In the Middle East 280,000mt to US Gulf via the Cape/Cape routing is assessed another point down at WS19, while...
Dingheng Shipping Places Order for Chemical Tanker Sextet
Chinese tanker operator Dingheng Shipping has placed an order at Wuhu Shipyard for the construction of six chemical tankers, reports Lloyd's List.
Smart green fleet
The order includes five 6,600 dwt tankers and one 9,000 dwt...
Cargo Ship Makes ‘First Call’ on New MARAD Marine Highway
The new M-10 Marine Highway (Jones Act) service gives the South Florida market ready shipping access to Puerto Rico.
The new service avoids trunk road shipments over Jaxport, and offers an alternative to...