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Crude tankers still bleeding, recovery forecast for 2022
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Crude tankers still bleeding, recovery forecast for 2022

Container shipping is having its best year ever and dry bulk shipping its best since pre-financial crisis. Crude-tanker shipping is..

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Dry Bulk Freight Rates Hammered
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Dry Bulk Freight Rates Hammered

Dry bulk freight rates have been hammered down lately. In this article we will look at the main drivers behind..

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MOL & Vale to study use of Wind Propulsion System ‘Rotor Sail’ on Bulk Carrier
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MOL & Vale to study use of Wind Propulsion System ‘Rotor Sail’ on Bulk Carrier

Mitsui O.S.K. Lines, Ltd. (MOL), President & CEO Takeshi Hashimoto on 2nd November announced an agreement with Vale International SA..

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Constellation Marine wins Cybersecurity Excellence Award
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Constellation Marine wins Cybersecurity Excellence Award

Jagdamba Pandey Constellation Marine Services won the Cybersecurity Excellence Award at the 6th Offshore Achievement Awards event in Dubai. An..

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Start Enforcing
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Start Enforcing

A U.S. trade group representing companies selling luggage, backpacks and other travel products has written President Joe Biden asking that..

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A fierce contender in the maritime sector
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A fierce contender in the maritime sector

The Honourable Union Cabinet Minister, Ministry of Ports, Shipping & Waterways Mr Sarbananda Sonowal graced the valedictory function of Diamond..

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Shipping rates from North Asia to North America poised for rebound
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Shipping rates from North Asia to North America poised for rebound

All-inclusive container shipping rates from North Asia to North America are increasingly likely to rebound in November as port congestion..

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Rise in Argentina’s crude exports could be positive for Suezmax and Aframax tankers
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Rise in Argentina’s crude exports could be positive for Suezmax and Aframax tankers

  In its latest weekly report, shipbroker Gibson said that “an often-overlooked part of the global shale picture is Argentina’s..

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BL and LOI for different situations explained
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BL and LOI for different situations explained

  Bill of Lading (BL) and Letter of indemnity (LOI) are considered as most important documents for shipping process. According..

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