China To The U.S. Freight Prices Doubles
Freight prices for containers going from China to the U.S. have surged over 100 percent from a year ago as of the beginning of December.
The world's two largest economies have been locked...
WFS Expands Bunker Operations in US Leading Up to 2020
The World Fuel Services (WFS) has announced the new United States based physical bunker supply operation.
Bunker Supply Operation
The bunker operations will commence in mid-January and WFS will be operational in the Columbia River, servicing Portland...
The Global LNG Bunker Fuel Market: the Current State and Prospects
In the relevant papers, the authors examined the factors impacting the development of the LNG bunker fuel market, forecasted the growth of this market, determined the prospective subsectors for its usage, assessed the current...
Scorpio Charter-Out One of its Ultramax Bulker
Scorpio Bulkers Inc. (NYSE:SALT) (“Scorpio Bulkers,” or the “Company”) announced today that it has entered into a time charter-out agreement with an unaffiliated third party for SBI Hera, one of its Ultramax drybulk carriers,...
Freightos Baltic Container Report – Week 48
Report Highlights
Transpacific ocean freight peak season has been a bonanza, with prices still more than double last year. However, carriers cancelled the 1 December General Rate Increase (GRI), doubting if the demand would stay...
Baltic Index Slips from 6-week Highs
The Maritime Professional has summarized this week's Baltic Index surge in these words "The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, on Tuesday retraced from its six-week...
Cruise Around The World To 62 Ports in 146 Days
A luxury cruise line is all set to embark on a cruise around the World clocking five continents and 62 ports in 146 days.
Extraordinary Destinations
The luxury cruise ship belongs to Seabourn and has named its...
[Watch] IMO Releases Maritime Safety Video
Over the years, the International Maritime Organization has shaped the way international shipping operates. From codes, conventions and guidelines touching upon safety of life at sea, life-saving appliance, safety of ships in polar waters,...
[Watch] Divers Footage Reveals ‘Torn Apart’ Norwegian Frigate
The Norwegian military has released underwater footage of a warship that collided with an oil tanker and sank while returning from a NATO drill.
Eerie Images
The Norwegian military has released underwater footage of the 'KNM Helge...
What’s This Rolling Device Providing Better Fuel Speed on Rough Seas?
Ships use many devices to increase their speed and efficiency while traversing over the rough seas. Here's a picture of one such rolling device that aids in increasing the speed and ensures better fuel...