Shipping

  • Container crisis, high freight charges hit...

    A shortage of containers and increased freight charges are adversely affecting exports from Kolkata causing apprehensions of huge financial and business loss, exporters said on Tuesday. The crisis of vessel space and containers is nationwide but the situation is worse in Kolkata, they said. “Availability of containers is less than half of the demand causing disruptions in exports and delivery schedule has gone haywire. Predictability of availability of container and freight rates is not there anymore. Freight rates have jumped 2-3 times of the pre-Covid levels,” Federation of Indian Export Organisations(FIEO) chairman-east, Sushil Patwari told PTI. Freight charges have skyrocketed and freight forwarders to the West Coast are also declining to book cargo due to severe scarcity of containers, exporters said.

     

  • Cutting Commences on Sixth Section of Golden Ray...

    Salvors on the Golden Ray wreck removal project in St. Simons Sound, Georgia began work on the sixth cut through the vessel's hull. The last cut was completed on July 1, and the team has used the intervening three weeks for hoisting and removing the fifth section, then conduct a thorough overhaul of the cutting gear aboard the heavy lift barge VB 10,000.

     

  • Cruises in Singapore and Malaysia Restricted by...

    The spread of new variants of COVID-19 and the resurgence of the virus, especially in parts of Asia, is leading to a new round of restrictions that will impact crew changes and cruise ships. Starting today, July 22, Singapore reintroduced strict restrictions in an effort to contain the latest wave of the virus with other countries in the region following suit.

     

  • Carnival Expects Three-Quarters of Capacity to...

    Sixteen months after the cruise industry paused operations, the largest cruise corporation, Carnival Corporation, now reports that it hopes to have as much as three-quarters of fleet capacity in operation by the end of 2021. Five of the company’s brands are currently sailing, with it expected to expand to eight brands in the coming days and weeks. Operations in Asia and Australia however remain suspended with no target dates to resume sailing.

     

  • Planning Process Under Way for Refloating...

    U.S. Coast Guard-led unified command continued to work on a way to safely refloat the grounded river cruise boat American Jazz from a shoal in Lake Barkley, a reservoir on the Cumberland River.

     

  • Royal Caribbean cruise ship assists Florida...

    The cruise ship Explorer of the Seas is the latest member of the team assisting in the efforts underway in Florida after a residential high-rise tower collapse. Owners of the cruise ship, Royal Caribbean International, announced that the ship which is currently idled due to the pandemic would provide temporary housing for some of the hundreds of the search and rescue team members working in the town of Surfside, in northern Miami-Dade Country at the site of the collapsed condominium building.

     

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Container crisis, high freight charges hit exports from Kolkata

A shortage of containers and increased freight charges are adversely affecting exports from Kolkata causing apprehensions of huge financial and business loss, exporters said on Tuesday. The crisis of vessel space and containers is nationwide but the situation is worse in Kolkata, they said. “Availability of containers is less than half of the demand causing disruptions in exports and delivery schedule has gone haywire. Predictability of availability of container and freight rates is not there anymore. Freight rates have jumped 2-3 times of the pre-Covid levels,” Federation of Indian Export Organisations(FIEO) chairman-east, Sushil Patwari told PTI. Freight charges have skyrocketed and freight forwarders to the West Coast are also declining to book cargo due to severe scarcity of containers, exporters said.

 
English

Cutting Commences on Sixth Section of Golden Ray Wreck

Salvors on the Golden Ray wreck removal project in St. Simons Sound, Georgia began work on the sixth cut through the vessel's hull. The last cut was completed on July 1, and the team has used the intervening three weeks for hoisting and removing the fifth section, then conduct a thorough overhaul of the cutting gear aboard the heavy lift barge VB 10,000.

 
English

Cruises in Singapore and Malaysia Restricted by New Wave of COVID-19

The spread of new variants of COVID-19 and the resurgence of the virus, especially in parts of Asia, is leading to a new round of restrictions that will impact crew changes and cruise ships. Starting today, July 22, Singapore reintroduced strict restrictions in an effort to contain the latest wave of the virus with other countries in the region following suit.

 
English

Carnival Expects Three-Quarters of Capacity to Resume Sailing in 2021

Sixteen months after the cruise industry paused operations, the largest cruise corporation, Carnival Corporation, now reports that it hopes to have as much as three-quarters of fleet capacity in operation by the end of 2021. Five of the company’s brands are currently sailing, with it expected to expand to eight brands in the coming days and weeks. Operations in Asia and Australia however remain suspended with no target dates to resume sailing.

 
English

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