Freight Rates Soar As Global Trade Revives
GLOBAL sea freight rates are on the rise, with the Baltic Dry Index (BDI) posting its largest-ever weekly gain.
The index climbed a...
MOL & Partners Set To Trial Autonomous Ships
Mitsui O.S.K. Lines with two of its group companies, and other consortium members have jointly applied to the Nippon Foundation to fund demonstration voyages...
MAN Bags Offshore Compression Order
MAN Energy Solutions has won a gas-compression order from energy solutions provider Yinson.
The order comprises four RB-type centrifugal-compressor trains for gas production...
Report Highlights That Shipping Register Continues To Shrink
There is a considerable reduction in the number of vessels on the Greek register.
It highlights the continuous compromising of the competitiveness of...
Maersk Special Project Logistics Hailed for COVID-19 Crisis Response
Maersk SPL has assisted with the import of 53.3 million N95 facial masks.
45 million N95 protective facial masks were delivered to Canadian...
Knife Weilding Fugitive Discovered Hiding in AC Vent Onboard Cargo Ship
A suspect in an Australian sexual assault case has been apprehended with a weapon.
He tried to flee the country by hiding in...
FDA Warns People Against Using 9 Sanitizers Containing Methanol
The U.S. FDA has warned people not to use certain hand sanitizer products.
The sanitizers contain high levels of methanol.
Methanol is a...
Inadequately Rigged Pilot Ladders Leading To Deaths Onboard
Pilot ladders are the most effective way for most marine pilots to embark and disembark at sea, provided the regulations are complied with and...
Big COVID-19 Cluster Emerges in Cargo Ship
South Korea says it’s testing 176 workers at the southern port of Busan following a coronavirus outbreak among crew members of a Russian...
Blank Sailings & Rate Discipline Can Boost Billions of Profit
According to a LoadStar article written by Mike Wackett, notwithstanding a significant decline in container liftings as a consequence of the global pandemic, ocean...