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Saturday, June 12, 2021
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Tag: Costs

High Shipping Costs Are Here to Stay Says Bloomberg –

By Henry Ren (Bloomberg) Stubbornly high shipping expenses for businesses are getting sealed into contracts for the next 12 months, forcing companies to pass...

Reinsurers Set to Bear Brunt of Costs for Suez Canal Grounding –

By Jonathan Saul and Carolyn Cohn LONDON, April 8 (Reuters) – Reinsurers are set to foot most of the bill for the grounding of the ship that...

Soaring Shipping Costs Add To NearTerm Global Inflationary Pressures –

Supply chain bottlenecks in global shipping and semiconductor markets are adding to nearterm pressures on inflation, says Fitch Ratings in a new report published...

Shippers Face Increasing Bunker Surcharges Amid Rising Fuel Costs –

By Mike Wackett (The Loadstar) – Higher fuel costs are triggering increases in ocean carrier bunker surcharges, adding more misery for shippers already struggling with record...
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Coaster sank in Manila after fire, explosions. 2 crew missing. VIDEO

Fire erupted on board of small cargo ship TITAN-8, obviously coaster, at Delpan wharf in Tondo, Manila, Philippines,...

Ships polluting the Bosphorus will be detected from Yavuz Sultan Selim Bridge

A system that remotely detects marine pollution originating from ships was installed on Yavuz Sultan Selim Bridge. Although it is used at 200...

Izmir’s underwater cultural heritage will be discovered

Following the protocol signed in April between DEU Marine Sciences and Technology Institute and Izmir Development Agency in order to reveal the underwater cultural...

RMK Marine held a steel cutting ceremony for Seven Seas

The steel cutting ceremony of the Seven Seas superyacht, which will be built with the contract signed between RMK Marine and the Dutch Vripack,...