Premium Charges of Carriers Are $2,000-$3,500

Carriers are charging premiums $2,000-$3,500 over and above FAK. Getting space at FAK rates is next to impossible. Shippers have to wait for...

Maersk Appoints New MD for South Asia

Maersk has appointed Vikash Agarwal as its new managing director, Maersk South Asia and he will join the organisation on March 1, 2021, says...

RightShip Launches New Safety Score

Shipping risk management organization RightShip launched its new Safety Score and Platform says a press release published on their website.  About the old Qi platform RightShip’s...

Pangaea Adds 18th Owned Bulker 

Pangaea Logistics Solutions Ltd. announced it has purchased a vessel to add to its operating fleet, says a press release published in PRNewsWire.   About the...

KSOE Bags Orders for 3 Ships Worth 152b Won

Korea Shipbuilding & Marine Engineering (KSOE), has won orders for three ships worth 152 billion won, reports BusinessKorea. About the contract  KSOE announced on Feb. 8...

Ship Operators Seek Calmer U.S. Trade Waters

The global shipping industry is hoping that President Biden’s “America is back” declaration means the U.S. is returning to free-trade principles, and away from...

[FAQ] Different Navigation Sounds & Devices

Just as lights play a significant role in understanding what other boats are doing, so do sounds. Understanding what you hear is another step...

How Digitalization Can Help Promote Transparency In The Maritime Industry

Digitalization can enhance transparency, accountability and disclosure throughout the ship recycling supply chain, reports Riviera.  Data Issues Data quality and fastidious administration is vital to ensuring...

European Hi-5 Bunker Spread Hits Triple Digits

The European fuel oil Hi-5 spread has risen to triple digits for the first time since the end of March 2020, reports Platts. The widened...

AI Enabled System Can Design New COVID Vaccine Target Sites in Minutes 

A new highly accurate AI-enabled system can detect covid19 mutations and suggest new vaccines. The system can design new multi epitomes in minutes...