Shipping is Increasingly Caught in the Trade War Line of Crossfire
New trade tariffs on Chinese imports worth USD 200 billion, says US
Includes more consumer goods like Christmas toys
US move will affect 1.9% of global seaborne container trade
Dry bulk commodities to...
Baltic Exchange Shipping Insights – Tanker Report
VLCC
Rates were unchanged at WS 55 for 270,000mt from the Middle East Gulf to both China and Singapore, whilst for the US Gulf, Equinor paid WS 20 Suez/Suez for 280,000mt from Basrah.
West Africa to...
U.S. Regulator Wants ‘Transparency’ in Fees Charged by Ocean Carriers, Terminals for Containers
FMC plans to keep tracking demurrage and detention issues as report lays out shippers' problems with fees.
Answers to shippers and cargo owners
A long-awaited report from U.S. regulators on fees charged by ocean carriers...
Goldman: Don’t Expect a Major Oil Price Spike from IMO Regulations
A goldman report says that the bunker issue is solvable as we head for the IMO sulphur cap.
The bank estimates about 1 to 1.4 million barrels per day of HSFO will be...
Fire and Explosions in Containers
Statistics released from various trusted sources have indicated that major cargo fire makes headlines in every 60 days. The timeline from putting out the fire to subsequent investigations is a tedious process.
Explosion onboard ships
There...
Why Scrapping Became Difficult
According to a newsletter analysis published by Alphabulk in association with MundoMaritimo says that the firm was crucial in changing the shipping world by laying new rules.
Scenario change
Earlier shipping was easy where shippers can...
LNG Ship Orders Pour In
Until now, around thirty-three, new LNG vessels have been ordered when compared to 2017 when only nineteen vessels were ordered. Increasing number of owners are moving towards LNG trade tempted by higher spot/short-term charter rates...
The UK Ship Detentions in August 2018
The Maritime and Coastguard Agency (MCA) announced today that eight foreign flagged ships were under detention in UK ports during August 2018 after failing Port State Control (PSC) inspection.
New detentions
During August, there were five...
Contaminated Bunkers – “The Houston Problem”
Houston the first location affected with contaminated bunkers.
Singapore too faced bad bunkers and imports approximately 40% of its bunkers from the US.
More than 200 vessels have been affected by bad quality...
[Watch] Constant Vigilance Is The Key To Safe Sailing
In its latest video, sponsored by The Standard Club, the Confidential Hazardous Incident Reporting Programme (CHIRP) investigates three recent reports that highlight hazards onboard ships. In each case, a serious incident was avoided by...