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RightShip and INTERCARGO announce important new quality standard for dry bulk sector to be governed by new NGO
21 January 2021RightShip and INTERCARGO have today announced the launch of an important new quality standard for the dry bulk sector, DryBMS. The standard will be governed by a new NGO to be established later this year and will support the improvement of safety in the dry bulk segment.
United Kingdom, England - Wales - Port of Tyne
03 June 2021UNCTAD joins hands with IMO urging collaborative action to designate seafarers as key workers to keep trade flowing
12 June 2020UNCTAD and IMO issue joint-statement calling for action by government states to facilitate crew changes.
Ivory Coast - Port of San Pedro
14 August 2019Saudi Arabia - Port of Ras Tanura
14 August 2019March retail volumes at 0.0% m/m as EU retail trade stagnates
05 May 2022As European Union retail trade stagnates, the question for the Far East to Europe container trade will be whether consumers will buy less or cheaper.
BIMCO President comments on standard term sheet
17 June 2016BIMCO President and Chairman of Louis Dreyfus Armateurs, Philippe Louis-Dreyfus opened the Armateurs de France and BIMCO event in Paris on 14 June 2016.
VLSFO premium of USD 200/tonne increases scrubber advantage
31 March 2022The spread between very-low sulphur fuel oil (VLSFO) and high-sulphur fuel oil (HSFO) has widened following Russia's invasion of Ukraine. The HSFO price, however, could rise if Russian volumes coming into the market start declining due to sanctions.
E-Bills of Lading - the simple tool with big potential
28 December 2022Global trade still relies heavily on paper. The main risks of relying on paper are exposure to fraud, clerical errors and lengthy transfer and processing time. This is despite the fact that issuance of electronic bills of lading (eBLs) has been possible for more than 20 years on safe and well-established platforms approved by the International Group of P&I Clubs. It is also despite the fact that eBLs are safer, faster, and greener when compared to their paper bills of lading ancestor.
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