Shipping Demand and Spot Rates Dwindle Post Lockdowns
Chemical tanker spot shipping continues to be slow intra-Europe, following freight rates declines of June.
Spot freight rates on the Transatlantic (TA) westbound...
Ships Travel 17.4% Slower Than They Used To be in 2008
Cargoes are taking ever longer to reach their destinations in the continued fallout shipping has felt from the global financial crisis 12 years...
First Methanol Bunker Fuel Study
A study to consider the technical and operational requirements for the use of methanol as a bunker fuel has been started by the...
Covid 19 and Oil Prices Decelerate Scrubber Installations
The price spread between high sulfur fuel oil (HSFO) and very low sulfur fuel oil (VLSFO) is a key measure of how much...
[Answer] What Does ‘Markets Are in Contango’ Mean?
As the container market continues its ride through pandemic highs and lows, it has become essential that shippers knew about certain market terms such...
WHO Sounds Alarm Bell After COVID19 Cases Rise To 1Million in 5 Days
According to a Reuters report, the number of coronavirus infections around the world hit 13 million on Monday, according to a Reuters tally, climbing...
CSSC Orders Two 50,000 dwt Dual Fuelled Product Tankers
CSSC Shipping orders two product tankers for Louis Dreyfus charter at Chengxi Shipyard, says an article published in Splash 247.
About the order
CSSC Shipping, the...
Cargo Ship Broke In Two and Sank
A recent Maritime Bulletin news report about two different cargo ship accidents in SEA where a cargo ship broke and sank while another cargo...
Shippers Pushed To Pay High Premiums To Avoid Rollover
80% of shippers feel they have to pay premiums of $400 to $500 per container on the deepsea trades to avoid rollover.
Load...
Supertanker Rates Bounce Back While Stocks Languish
Rates for very large crude carriers have jumped well off recent lows.
VLCC spot rates have not been this high at this time...
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