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In the first quarter of this year, the shipping industry demonstrated the best efficiency since the 2008 global financial crisis. At the same time, an equally significant amount of income is forecasted in the second quarter. The best performance in shipping since the crisis $ 17,461 a...

How the export freight traffic of metal products has changed Export of metal products through seaports in 2020 increased by 6.6%. Odessa Sea Trade Port became the leader in metal transshipment according to the results of the last year. Over the past year, Ukrainian seaports reloaded 15 million...

Today we recall the most important events at the legislative level in 2020-2021 The beginning of last year foreshadowed the transfer of 2 seaports of Ukraine to a concession (transfer of state property to private hands for the purpose of modernization). First to enter the concession was...

More than 300 companies have signed the "Neptune Declaration" to help seafarers As you know, about 90% of world trade is transported by sea, and restrictions due to coronavirus in many jurisdictions affect supply chains. And there is also a situation when seafarers are unable...

Witherbys are experts in maritime publishing, and last week they launched their new e-book software, building on critical issues such as cybersecurity, flexible access and increased data to allow seafarers to instantly and easily access the latest information and guides.  The new software will allow...

Dear colleagues, partners, friends! Congratulations on the upcoming New Year holidays! We would like to wish you a celebratory and joyful mood, may the coming year be generous with pleasant moments, new adventures and travels, great victories and achievements! We wish you and your loved ones prosperity, happiness and health in...

In the decade that is ending, there have been many tipping points - new trends and technologies have emerged - from problems with climate change to electric vehicles and artificial intelligence. In the coming new decade, these emerging trends can take shape and become a part of our life,...

A SERIES OF UPSETTING EVENTS The example of the recent major bunker fuel spill demonstrates that all market participants must be prepared to learn even the simplest lessons in order to continually improve, prevent and manage risks even more effectively. Loss prevention is at the heart of...

Ports are increasingly targeted by cyberattacks amid a surge in maritime incidents. Over the past three years, the number of cyberattacks on operating technology (OT) * systems in the maritime industry has increased by 900%, and the number of reported incidents will reach record levels by...

2010s: A Decade of Market Imbalances and Super Large Container Vessels In the last three years of the past decade, supply has grown more than demand: TEU capacity of the fleet has increased by 75.6%, while demand measured in volumes has grown by 46.1%. This imbalance left the container...