CMES Reports $18.8m Estimated Total Loss
China Merchants Energy Transportation (CMES) reported an estimated total loss of RMB121.6m ($18.8m) across 14 bulkers it has chartered in, reports Splash 247.
About the loss
According to CMES, the losses were reported to be from:
...
Shattered Schedule Recovery Resulting Delayed Sailings
More ships are being held at departure ports in Asia for a week or more, as carriers wrestle with the recovery of their shattered schedules, says an article published in the loadstar.
Warning More Sailings...
IMO 2050, Decarbonization & Digital Technologies Challenges
There has been an increasing pressure for shipowners to sharpen their environmental performance, driven by IMO 2050, regional regulations.
As a result, market pull from charterers, banks and investors, the decarbonization challenge is...
Neptune Declaration for Maritime Vision 2030, Says Maritime Body MUI
Maritime body MUI urged the government to take cognisance of 'Neptune Declaration on Seafarer Wellbeing and Crew Change' in the formulation of Maritime India Vision 2030.
The Ministry of Ports, Shipping and Waterways...
A Fact File of Piracy Hotspots in 2020
2020 saw an increase in the affecting the shipping sector very much.
A record 130 crew kidnapped in the Gulf of Guinea, a continuing rising trend of armed robberies against vessels in the...
Maritime UK Gears Up for National Apprenticeship Week
Maritime UK has announced its plans to promote the maritime sector during National Apprenticeship Week.
Build the Future
The annual week-long celebration of apprenticeships runs from 8 to 14 February 2021. The week will shine a...
Container Volume at Major Chinese Ports Increased 3.3% in Mid-January
Container volume at eight major Chinese ports increased 3.3% year-on-year in mid-January, says an article published in Seatrade Maritime News.
3.3% volume increase
Statistics released by China Ports and Harbors Association showed an increase of 3.3%...
Seafarer Suicide ‘Causes A Stir,’ Investigation Underway
The body of the 23-year-old was found by crew mates in the boiler room as the vessel travelled from Sharjah to Alang, in Gujarat, India, where it is to be scrapped.
Owned by...
Tokyo Olympics To Be On ‘Solid Ground,’ Say Organizers
Tokyo's first Olympic test event, scheduled for March, was postponed on Thursday for two months because of travel restrictions.
Tokyo Olympics organizers say they are not willing to see the event held behind...
Why Covid-19 Infection Rates Remain Stubbornly High?
A virologist, a psychologist and a public health expert share their views on some of the Covid-19 mistakes that we are all still making in an article published in The Guardian .
Scope for Social...