Weekly Bulk Report – Week 34, 2020

The Baltic Briefing has released a report about the dry bulk market of the 34th week of shipping activities of this year. The report...

Engine Room Blast Injures Crew

Explosion occurred in the engine room of a passenger ro-ro ferry at Heraklion Port, Crete, reports Maritime Bulletin.  What happened? An explosion occurred in the engine...

Anchored Bulk Carriers Collide

  Anchored bulk carriers collide after one of the carriers dragged in Bangladesh waters, reports Maritime Bulletin. What happened? Bulk carriers DENSA PANTHER and ARCHADELOS GABRIEL were...

Container Spot Rates Positive At $ 4000 in Transpacific Tradelane

The Shanghai Containerized Freight Index (SCFI) is on a positive trend this week, with its comprehensive index ticking up another 16 points today...

Capesize Bulk Carrier Detained With 30 Kilos of Cocaine

Two Capesized bulk carriers were detained for cocaine trafficking simultaneously.  From bulk carrier FRONTIER FALCON, Anti-narcotics division and Coast Guard seized 25 kilos...

Wilhelmsen Group Release 2020 Q2 Profits

Wallenius Wilhelmsen has released results for the second quarter of 2020. Total income for the Wilhelmsen group was USD 197 million in the...

Chinese Shipbuilding Industry Records 9.4% Decline

China’s three major shipbuilding indexes all declined in the first seven months of this year. CANSI's first seven months was 20.03m dwt It...

Green Fuels To Become The Future of Shipping Industry

Shipping accounts for almost 3% (and rising) of man-made carbon dioxide emissions. The industry’s regulator set a series of emissions-cutting targets back in...

IMO Celebrates Seafarers in 2021 World Maritime Theme

World Maritime theme for 2021 has been selected as 'Seafarers: at the core of shippingʹs future'. It reflects a clear need to raise...

‘Mauritius Disaster’ Ship Prepared To Sink Amidst Environmental Concern

Salvage crews were preparing to sink Wakashio that ran aground off Mauritius. MV Wakashio broke into two after hitting a reef and spilling...