Cargo Vessels

Biggest Lesson to Learn from Suez Canal Incident

Watching the travails of the Ever Given in the Suez Canal, it was hard to avoid the conclusion that its biggest problem was size. When a vessel that tall and wide passes through a canal that shallow and narrow, one mistake or act of nature is all it takes to cause an accident that can rattle global supply chains for months. Which, of course, is what happened, reports bloomberg.

Why Bigger Container Ships?

Obviously, then, the shipping industry will learn its lesson and revert to smaller container...

https://mfame.guru/biggest-lesson-to-learn-from-suez-canal-incident/

Stranded Livestock Could Die If ‘Suez Block’ Persists, NGO Warns

As efforts to dislodge the huge container ship stuck in the Suez Canal intensified Saturday, an animal-rights nonprofit is airing concerns over animals trapped in cargo vessels, reports abc7 news.

Animals at risk

Ships carrying livestock to different countries in Europe and Asia are among the billions of dollars worth of significant cargo and sensitive products left on ships with blocked roads.

Gabriel Pawn, EU director of NGO Animals International, said thousands of animals being transported on...

https://mfame.guru/stranded-livestock-could-die-if-suez-block-persists-ngo-warns/

WSC Raises Concerns Over Cargo Vessels That Are Lost Every Year

Even though uncertainty around transport and trade remained an overriding concern in the past year, the United Nations Conference on Trade and Development (UNCTAD) estimates that roughly 80% of global trade by volume and 70% by value is still transported by sea, reports Marine Traffic.

Massive Cargo vessels 

At the moment, there are thousands of containerships continuously operating on the world’s seas and waterways, providing vital supplies to communities around the globe.

More specifically, over...

https://mfame.guru/wsc-raises-concerns-over-cargo-vessels-that-are-lost-every-year/

Sudden Arrival of Six Large Vessels Off Welsh Coast Cause a Stir!

  • Six huge ships have appeared off the coast of North Devon, and mystery surrounds the reason why.
  • All the ships are waiting to dock at Port Talbot in South Wales and are anchoring in the Bristol Channel due North of Ilfracombe.

The sudden arrival of six huge vessels off the Swansea coast has baffled locals and fuelled several theories as to why they are there, reports Mirror.

Mysterious vessels at Talbot

The mysterious vessels, which are waiting to dock at Port Talbot, appeared several days ago...

https://mfame.guru/sudden-arrival-of-six-large-vessels-off-welsh-coast-cause-a-stir/

Handy Bulker Values To Rise Over 30% By End Of 2020: Quarterly Forecast For Cargo Vessels

NAVIS TO EQUIP A BULK CARRIER NEWBUILDING SERIES WITH ONBOARD LOADING COMPUTER MACS3

Representation Image – Credit: navis.com

We have partnered with Oslo based shipping consultancy firm ViaMar to provide Forecasted Market values for each individual vessel in the Tanker, Bulker, Container and LPG fleet. Forecasted Market Values are quarterly forecasts for individual vessels provided until the end of their predicted economic life.

Overall

The US China trade war is still on, but how negative its impact will be on global economic growth and shipping remains to be seen. With the...

https://www.marineinsight.com/shipping-news/handy-bulker-values-to-rise-over-30-by-end-of-2020-quarterly-forecast-for-cargo-vessels/