Americas Freight Rates Move Inversely to Rising Bunker Fuel Prices
Freight rates fell on Wednesday in the America’s dirty tanker market, amid a stronger bunker fuel price, which is an unusual pattern.
Rising prices
Ex-wharf...
Check Gripe Cams and Restore Flat Face Configuration
The incident:
During lowering of a lifeboat, the davits initially failed to lower due to an indentation in the face of the gripe cam on...
Panama Canal Fitting in the New Locks
2 new locks have been installed at the Pacific and Atlantic sides of the Panama Canal.
More than 80% of the world’s fleet...
Inside Viking Ocean Cruises’ Newest Ship, Viking Sun
Thinking about a voyage with Viking Ocean Cruises? Our latest Cruise Ship Tour, in the carousel above, offers a deck-by-deck look at the fast-growing...
Baltic Index Down on Lower Rates Across Vessel Segments
The Baltic Exchange’s main sea freight index fell for the second straight session on Tuesday, weighed down by lower rates across vessel categories.
The overall...
Transas A-Suite Brings AI to Maritime to Reduce Human Error
Transas has launched its first package of applications built on THESIS, a unified cloud-based platform for managing operations across the full breadth of the...
LNG Tanker Rescues Two Americans Off Mexico
Liquefied natural gas (LNG) tanker Stena Crystal Sky recently rescued two American citizens from their stranded yacht off the west coast of Mexico.
According to...
S. Korea to Introduce Eco-friendly LPG-fueled Vessels
South Korea will launch LPG-fueled vessels with reduced emission levels as early as next year.
Korea LPG Association announced on Thursday it has signed a...
Diver Goes Missing While Inspecting Ship
On January 30, a diver was reported to be missing while carrying out inspection work on a vessel anchored at Sea.
What happened?
The diver Chevonne...
[Watch] How a Steel Box Changed the World
As the container shipping industry continues to boom, companies are adopting new technologies to move cargo faster and shifting to crewless ships. But it’s...
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America Market Update
Amidst fluctuating VLSFO, LSMGO, and HSFO prices across major ports and ongoing disruptions due to changing weather conditions, the spotlight remains on Brent crude...
