30 Crew now Held Hostage! Piracy Again Raising its Ugly Head

Piracy again raising its ugly head in the African waters, with 30 crew held hostage. What happened? Pirates in the Gulf of Guinea are now believed...

Car Carriers on the Up Despite Rising Uncertainty

Finished Vehicles trade in shipping has recorded a growth of approaching 6% in 2017 to 37.5 million ceu. Low order books is preventing...

Scope of Regulation and Risks of Non-Compliance

With less than eighteen months before Regulation 14.1.3 of Annex VI of the MARPOL Convention comes into effect, there are still numerous challenges surrounding...

IMO Action Plan to Address Marine Plastic Litter from Ships Adopted

Scientists warn that, by 2050, the quantity of plastics in the oceans will outweigh fish. IMO and others adopted an Action Plan to address...

[Watch] ‘Tug-Tooth’ Pulled a 614-ton Cargo Ship With His Teeth

A man from Ukraine has successfully pulled a 614-ton cargo ship -- with his teeth. It's just the latest bite at world fame by...

Maersk’s Instant Booking Confirmation Launched

With the introduction of instant booking confirmation, Maersk customers can now complete their bookings within seconds compared to previous waiting times of up to...

Live on a Cruise Ship where Rooms Go for $55m

For the uber rich, traveling the World and chronicling their exquisite journey is nothing new. But recently they have been given the privilege of...

Scrubber Scarcity: Just a Myth

Riveria’s Asian Sulfur Cap 2020 in Singapore reveals that the industry doesn’t really face a scrubber supply shortage. What densifies the pressure is the...

Bulk Report – Week 43

Capesize The market was in two halves for most of the week with rates in the Atlantic firming and easing in the East for most...

Freightos Baltic Container Report – Week 42

China-Europe prices continue to stabilize after crashing through September when several large carriers cut their FAK rates. Drop in prices Prices had dropped by $715 over...