Capesize Gains Pushes Baltic Dry Index Up By 0.80%

The Baltic Dry Index increased as Capesize rates rose 2.09% offsetting Supramax rate drop, reports Seeking Alpha. Baltic Index increase  The Baltic Dry Index increased...

Weekly Bulk Report – Week 16, 2020

The Baltic Briefing has released a report about the dry bulk market of the 16th week of shipping activities of this year. The report...

Scrubber Boom To End? Mixed Opinions from Executives!

Shipowners’ interest in exhaust gas cleaning systems as an answer to the global sulphur cap is quickly vanishing due to the Coronavirus shockwave. Cost-cutting...

COVID Moonshot Project Underway! Crowdsourcing To Tackle the Global Enemy!

Science commentator Anjana Ahuja, writes on how a crowd is gathered to launch a mission against COVID-19, for an article published in Financial Times. Here's...

Keppel and EMA Strike a $10m Partnership Deal for Cleaner Energy

Energy sector calls for innovative energy solutions in the marine sector Focus on energy storage systems and smart power grids for the offshore...

A Record Number of Blank Sailings! Just for One Reason!

Freight rates have not collapsed as containerships continue to blank. Container lines have canceled 458 sailings since Chinese New Year. Global demand for...

Are COVID-19 Damages To the Repositioning of Containers Reversible?

There is a shortfall of containers and cargo has no chance to move anywhere.  To reposition the empties the charges are quite hefty.  ...

HMM Plans To Scale Its Fleet To Run on The Alliance Route

HMM is scaling up its operations as a formal member of The Alliance. It plans to add 12 vessels in 24,000-TEU class to...

Japan Offering Upto $2 Billion for Companies To Shift Base

Japan’s government would spend upwards of $2 billion helping its multinationals leave China. U.S. companies are leaving, too, even though there is no...

[Watch] What Is The Future of Commodity Market Amid COVID-19?

Watch the video posted in Platts featuring Paul Bartholomew, highlighting Asia's commodity market amid COVID-19 and oil price war. Paul Bartholomew highlights the situation in...