2018. It estimated that break even levels for VLCCs are in the region of $22,000 a day – meaning that ships tied up in the current trading environment are losing as much as $16,000 per day – and VLCC availablity is outstripping modest demands.
for regular transits in the Neopanamax locks will be 51.25 meters (168.14 feet) from June 1, 2018. Based on levels of Gatun Lake, in late April the authority set the maximum authorized draft for vessels transiting the Neopanamax
locks at 14.63m (48 feet) Tropical Fresh Water (TFW).
levels of jamming of GPS and other western electronic systems as part of the on-going conflict in Syria. While no formal maritime alerts have been posted for the Black Sea, the non-profit Flight Services Bureau in partnership
with the Airline Cooperative has issued warnings about chronic GPS disruptions in Turkey and Ukraine.
through the integration of the container businesses of major Japanese shipping companies K Line, Mitsui O.S.K. Lines (MOL) and NYK. ONE began operations on April 1, 2018 with a fleet of about 240 vessels and a combined
capacity of 1,440,000 TEU, ranking it as the 6th largest container shipping company with approximately 7% of global share.
larger vessels tend to result in a reduction of service frequency in the major trades to balance supply and demand. This leads to a situation where the networks with lower service frequency will continue to depend on feedering services potentially even an
increased transhipment incidence owing to the lower service frequency.
and transparency designed to enhance consumer confidence and build a trusted platform for cross-border trade. Alibabas cross-border marketplace Tmall Global now incorporates controls to manage the supply-chain process including
blockchain technology and product tagging with unique QR codes.
agreement with Liverpool City Council and the cruise terminal to operate a support center from a converted shipping container. The container has been donated by Maersk and is positioned on the terminal near Princes Parade.
is set to begin a project later this year that could have far-reaching implications for the region, both economically and politically.
Naval Force detected the suspicious vessel when it sailed about 40 miles from the coast of the municipality of Buenaventura. The four crew members of the boat tried to flee when they noticed the presence of the National Navy, without any success. During
the inspection of the vessel, 38 packages with substances similar to the alkaloid were found in the front of the vessel (bow).
some believe, means aerial drones will pose an even greater threat to the safety and security of commercial shipping vessels. To help combat this emerging threat, U.K. based Martek Marine has developed a maritime drone detection
and defeat system called D-FENCE.
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