Freight Rates Shoot Up Due to Rush in Exports

Ocean freight rates are up as much as threefold on year, and the firmness of pricing could remain and help Korea’s shippers for...

IAPH & Green Award Foundation Up ESI To Next Stage

IAPH signs an agreement with the Rotterdam-based Green Award Foundation to administer and expand the formula-based Environmental Ship Index (ESI). It allows port...

Shell Wins Contract To Supply Marine Lubricants To 89 Cruise Ships

Shell Marine has been awarded a multi-year contract to provide marine lubricants to cruise line operator Carnival Corporation’s global fleet of 89 ships. ...

Study Finds Previous COVID Infection Provides Same Immunity As Vaccines

A PHE study tracked cases of coronavirus reinfections among healthcare workers  Just 44 people caught the virus again out of 6,614 previously infected...

ONE With 2 New Direct Services from North Europe

Ocean Network Express (ONE) is pleased to announce two new direct services from North Europe to the East Med-Levant and Marmara regions. The...

Biosecurity Risk Pigeon Found In Australia May Get A Reprieve

A pigeon that Australia declared a biosecurity risk may get a reprieve after a U.S. bird organization declared its identifying leg band is fake,...

Insurers Raising Rates for Ships Taking the Red Sea Route After Attacks

According to a Reuters report, Insurers are set to raise the cost of providing cover for merchant ships through the Red Sea after a...

IMB Issued Its Annual Report Concerning International Piracy Incidents

The International Chamber of Commerce’s International Maritime Bureau (IMB) issued its annual report concerning international piracy incidents, highlighting that the Gulf of Guinea is...

High Hopes on Dry Bulk Trade in 2021, As Chinese Imports Dominate

Overall, total tonnes transported by the dry bulk shipping industry fell by 1.3% to 5.49 billion tonnes, from 5.56b in 2019. It is...

Global Spot Dirty Tankers’ Fixtures Declined 16% In 2020

Global spot dirty tankers' fixtures declined 16% year on year to 8,101 in 2020 but Unipec, Shell and Vitol have retained their positions as...