On 26 January, staff in an office in Mumbai received an urgent e-mail from a crew member aboard a tanker off the coast of Singapore. The email, purportedly written on behalf of five colleagues aboard the tanker sailing under the name Beeta, contained a litany of...

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Rates for shipping containers from east Asia and China to the US edged lower this week on low volume even as carriers increased the number of blank sailings. Supply chain advisors Drewry said spot rates from Shanghai to major US destinations declined slightly due to...

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Clean LR2 Freight levels on MEG LR2’s took a tumble again this week. The TC1 75kt MEG/Japan rate dropped from WS189 to WS168, moving the corresponding TCE down to $37,300/day on Baltic description round trip. A voyage west on TC20 90kt MEG/UK-Continent also continued...

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ITS Logistics, one of North America’s fastest-growing third-party logistics providers, has released its February forecast in the ITS Logistics Port/Rail Ramp Freight Index. This month’s index identifies a return to seasonal Lunar New Year demand patterns layered over...

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Kongsberg Maritime has marked a significant step forward in its digital transformation with the unveiling of a harmonised Digital Solutions portfolio and the launch of KM Performance, the first solution area out of the portfolio which is designed to help customers in...

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With women making up just one per cent of seafarers globally, Oldendorff Carriers (Oldendorff) and BHP have forged a new initiative to support efforts to increase diversity in the maritime industry. Under the initiative, Oldendorff and BHP will collaborate across...

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