Increased PPI Gains, No Good News Is Bad News for Carriers
DHL Supply Chain Pricing Power Index is determined by FreightWaves SONAR.
It is used to analyze the market and estimate the negotiating power...
China Steel To Sell Capesize Bulkers Amid Fleet Optimisation
China Steel Express intends to sell quartet as it takes delivery of eight new buildings.
China Steel Growth and China Steel Excellence were...
BIMCO Joins Japan To Curb CO2 Emissions
BIMCO joins Japan to regulate the carbon intensity of existing ships.
The short-term measure requires existing ships to comply with an EEXI limit,...
Cargo Ships Pushed on Embankment! One Capsized!
Ship due to adverse weather while drifting contacted a general cargo ship anchored in the vicinity.
Both ships got entangled, and ended up...
Group Of Scrubber-fitted VLCCs Emerge As Sales Candidates
20 modern or resale VLCCs are in talks to be sold at high prices.
Six sale groupings have been touted as the real...
Genco Prepares To Jettison Their Handysize Bulkers
Genco Shipping & Trading is ready to dispose of all its 10 handysize bulkers as part of the company’s fleet optimisation and renewal...
[Watch] Salvage Underway for Grounded VLOC Bulker
The 2016-built VLOC Stellar Banner, owned by South Korea’s Polaris Shipping, has run aground off the Brazilian coast after leaving Vale’s Ponta da...
Revised Surcharges Cause Longer Waits at the Panama Canal
Implementation of new freshwater conservation surcharge at the Panama Canal has doubled typical wait times for clean tankers at the Canal.
Higher transit...
US Top Officials Warn Americans To Prepare for the Possible COVID19 Spread!
Top officials at the Centers for Disease Control and Prevention warned Americans that health experts foresee the novel coronavirus is spreading in the...
9 Year Deadline for the Arctic-Flagged Vessels, Ban Coming in 4 Years!
Use and carriage of heavy fuel oil in Arctic waters could be banned from July 2024 under draft amendments approved by the International Maritime...
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