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How API Technology is Transforming Ocean Freight Technology
These past years, with the boom of international trade, the global ocean freight market has significantly increased. 66 million TEUs are forecasted in 2022. Its size was valued at USD 6.41 billion in 2020 and should go up to 13.19 billion tons by 2028, registering a compound annual growth rate (CAGR) of 2.5% from 2021 to 2028... -gCaptain
Crew evacuated after urea carrier hit by engine room fire
All seafarers have been taken off a bulker that was hit by fire at an Indonesian port on Saturday. The blaze began in the engine room of the 11,200-dwt urea carrier Abusamah (built 1984) at Cilegon, Java, the Ministry of Transportation’s directorate general of sea transportation said... -TradeWinds
13 ships are transiting grain corridor, Moscow says transit suspended, tension growing
Russian Ministry of Defence issued a statement saying that Russia suspends all the traffic in grain corridor until Russia gets a guarantee that Ukraine won’t use the traffic and ships deployed, in “military activities”. Moscow added, that Russia can’t guarantee ships safety. !3 ships meanwhile, are transiting corridor in Black sea, as of 1700 UTC Oct 31... -FleetMon
Cargo ship sank, 2 dead 2 missing, disabled Capesize bulker adrift, typhoon NALGAE
Taiwanese cargo ship identified as DE XING (NO) was struck by unknown cargo ship early in the morning Oct 28 west of Penghu, Taiwan, Taiwan Strait, broke in two and sank. Of 13 crew on board, 9 were rescued, 2 were recovered dead, and 2 including Captain went missing, understood SAR is still underway,.. -FleetMon