WTM Clarification on MT Strovolos Case
World Tankers Management (WTM), operators of the MT Strovolos wish to strongly deny inaccurate media reports alleging the vessel and its crew were caught by… Read More »WTM Clarification on MT Strovolos Case
News
Hapag-Lloyd Enjoyed 51% Revenue Increase in H1, Thanks to 46% Higher Average Freight Rate
Hapag-Lloyd booked USD 10.6 billion (EUR 8.8 billion) revenue in first half this year (H12021), a more than 51% increase year on year, the company… Read More »Hapag-Lloyd Enjoyed 51% Revenue Increase in H1, Thanks to 46% Higher Average Freight Rate
Finding Solutions of Container Shortage to Secure Export Import
By: Yukki Nugrahawan Hanafi, ALFI Chairman and AFFA Chairman Amid the pandemic Covid-19 outbreak, our logistics and transportation business have been hit by some serious… Read More »Finding Solutions of Container Shortage to Secure Export Import
Exporters told to make allowances for China port delays
THE PHILIPPINE Ports Authority (PPA) is asking exporters and importers to make the necessary adjustments for delays caused by port closures in China. Ningbo port,… Read More »Exporters told to make allowances for China port delays
China heavy port congestion to remain amid restrictions uncertainty
The heavy congestion at Chinese ports is set to remain in the near term amid uncertainty over the length of recent COVID-19 restrictions imposed by… Read More »China heavy port congestion to remain amid restrictions uncertainty
DRY BULK: Capesize Brazil to China rate at decade high as ship supply tightens
Capesize freight rates on the key iron ore route from Brazil into China hit a decade high on Aug. 18 on bullish fundamentals and the… Read More »DRY BULK: Capesize Brazil to China rate at decade high as ship supply tightens
Limited imports send Singapore fuel oil stocks to more than 5-month low
Singapore residual fuel oil inventories fell 2% in the week ended Aug. 18 to an over five-month low amid limited net imports, official data showed… Read More »Limited imports send Singapore fuel oil stocks to more than 5-month low
COVID-19 is causing yet another shipping bottleneck in China, driving container rates through the roof
Ningbo-Zhousan may not exactly be a household name, but find something in your house made in China and it’s quite likely it was delivered from… Read More »COVID-19 is causing yet another shipping bottleneck in China, driving container rates through the roof
Maersk Secures Green e-Methanol for First Vessel Operating on Carbon Neutral Fuel
A.P. Moller – Maersk has identified its partners to produce green fuel for its first vessel to operate on carbon neutral methanol: REintegrate, a subsidiary of… Read More »Maersk Secures Green e-Methanol for First Vessel Operating on Carbon Neutral Fuel
Pelindo IV to Build Dry Port in Sidrap, South Sulawesi
State port operator PT Pelindo IV is planning to build dry port in Sidenreng Rappang (Sidrap) Regency, South Sulawesi, in a bid to encourage the… Read More »Pelindo IV to Build Dry Port in Sidrap, South Sulawesi