US to Delay Sulphur Cap 2020! Fuel Oil Market Rocked
The Trump Administration plans to slow down the IMO regulation rollout to avoid spike in fuel oil prices.
IMO has set January 1, 2020 as the start date for the new regulation.
Hi-lo...
Why You Should Always Close the Windows During Docking
The article highlights some of the things passengers should never do when on a holiday. One particular aspect involves additional privacy when docking during a river cruise.
Cruises are a favourite activity of the older...
[Watch] Rolls-Royce Reveal Remote Vessel Operating Centre
In a recent development, the Rolls-Royce company which is famous for its automobiles and aircraft engines, has released a video showing its progress in developing remote operations centres for autonomous ships.
What does it offer?
The...
Prospects for the Multipurpose Shipping Sector are Improving
Surging growth in renewable energy generation around the world and a construction boom in South East Asia that is expected to run for the next 10 years is good news for the once ailing...
Asia Aframax Freight Rates at Year High
Asian Aframax freight rates hit a new high for the year on a surge in loadings from both the Middle East and Southeast Asia as Chinese independent refiners get fresh crude oil import quotas.
The...
Pirate Attacks Bulk Carrier in Indian Ocean
On October 16, a bulk carrier was attacked by armed pirates who approached the vessel in a speedboat.
What happened?
An unnamed bulk carrier was attacked by four pirates armed with AK-47 who approached the vessel...
Master Arrested! Drugs Found in Underwater Hull Gas Cylinders
On October 17, the Greek Coast Guard discovered 53 kilograms of marijuana attached to the hull of a container ship.
What happened?
Based on intelligence report, the Greek Coast Guard intercepted the container ship 'Ever Conquest'...
Freightos Baltic Container Report – Week 40
The Freightos Baltic Indices reflect weekly spot rates for 40-foot containers based on 12 to 18 million price points collected every week on 12 main shipping trade lanes. The data includes a headline index...
Wallem Welcomes First Vessel Under Japanese Flag
Wallem Ship Management company has welcomed its maiden vessel flying under the Japanese flag.
Maiden vessel from Japan
The Pure Car & Truck Carrier (PCTC) christened as 'The Aphrodite Leader' is the first vessel under Wallem Ship...
Panamax, Supramax Markets Hold Steady, Capesize Sees Volatility – Q3
The issues of Volatility has plagued the Asia Pacific Capesize market in the third quarter on the back of finicky weather and China's hunger for better quality long-haul seaborne iron ore.
Volatility affects quarter reports
The...