Weekly Bulk Report – Week 29, 2020
The Baltic Briefing has released a report about the dry bulk market of the 29th week of shipping activities of this year. The report...
[Watch] Smugglers In Action Despite Pandemic
Watch Italian police using chainsaws to open large cylinders of paper and industrial machinery inside shipping containers from Syria. They found 14 tonnes of...
AI Based App Optimizes Bunker Fuel Savings Up To USD 90 million
Researchers from the University of Southampton and Shell Shipping and Maritime have introduced a digital dashboard that helps captains respond to changing sea...
Wilhelmsen and MPC Capital To Combine Technical Expertise
Wilhelmsen and MPC Capital AG have agreed to the technical management of container ships.
Wilhelmsen Ship Management acquires a 50 % stake in...
The Major Shipping Alliances Plan Differently To Manage Capacity
Asia-North Europe market share set to ebb and flow between the alliances.
The 2M partners reduced capacity by over 50% and in the...
Wärtsilä 31 Engine Emerges As The Best 4-stroke Engine
More than 100 Wärtsilä 31 engines have been sold till now.
Wärtsilä 31 was handed over for commercial operation in August 2018 on...
[Watch] Cheaper Crudes and Freight Rates Recovery Drive Market Demand
Market demand continues to sustain buying interest for Asian high sulfur fuel oil.
Singapore Marine Fuel 0.5%S market has seen a revival of...
[Register] Drewry To Discuss COVID-19 Operational Problems in a Webinar
Drewry has planned to host a webinar to provide more stability and predictability for shippers, says a press release published on their website.
Ability to...
Reduced Blank Sailing and Surplus Containers Up European Export
Blank sailings, escalating freight rates and a shortage of equipment continue to hobble European exporters.
Shippers to Asia and the US are facing...
Tanker Rate Conundrum Amid OPEC Supply Cuts
The OPEC+ coalition has targeted production cuts of 9.7 million barrels per day (b/d) since June.
Coalition members that overproduced in May would...
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