Trans-Pacific Container Rates Escalate, Bottlenecks at Ports
The latest stats reveal a trans-Pacific trade that’s largely maxed out just seven weeks before Christmas.
Spot rates have surged despite a huge...
Elite Troops That Recaptures Hijacked Ships
A recent Business Insider article details how British SBS commandos train to recapture hijacked ships.
Let’s take a look at it.
Suspected hijacking by stowaways
British frogmen...
US Election Results, A Close Race To The White House
Joe Biden of the Democratic Party is with 224 electoral votes while his counterpart Donald Trump of the Republic Party is with 213...
Maersk Partners With Maritime Centre
Maersk partners with Lawhill Marine Centre to continue maritime education following Safmarine 25-year investment, says a press release published on their website.
Center’s contribution
Shipbroking and...
[Watch] The Race To Cut Carbon
Cargill, whose chartered fleet of around 600 ships comprises dry bulk ships and tankers, said it had partnered with engineering specialists BAR Technologies and...
Ship Dragged Anchor & Drifted Aground
Passenger ship decommissioned for dismantling dragged anchor and drifted aground on a beach in Alvarado municipality waters, Gulf of Mexico, reports Maritime Bulletin.
What happened?
The...
Freighter Loaded With Grain Runs Aground
Turkish general cargo ship with cargo of millet ran aground on Nov 3 in Azov – Don Sea Canal, reports Maritime Bulletin.
What happened?
General cargo...
Singapore Reaches Bunkering Milestone With MFM Verification
Singapore entered a bunkering milestone witnessing its first bunker tanker undergoing a mass flow meter (MFM) verification operation via Master Meter.
The commercial...
Hafnia Enters Tech Deal To Trial Coal Waste-Derived Marine Fuel
Arq Fuel™ will support Hafnia in meeting IMO 2020 targets, improving
their environmental footprint and reducing fuel costs.
Arq and Oslo listed Hafnia have...
Cosco Spot Rates Stronger in Q4 Amid Surge in Earnings
Leading Chinese investment bank CICC has forecast Cosco Shipping Holdings will earn another Yuan2.5bn in Q4 after posting a net profit of Yuan2.7bn...