Russia fires warning shots at general cargo vessel in Black Sea
Ukraine said the incident was a ‘clear violation of international law of the sea’ and ‘an act of piracy’
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August 2023
Russian Warship Fires Warning Shots at Cargo Ship in Black Sea
A Russian warship on Sunday fired warning shots at a cargo ship in the southwestern Black Sea as it made its way northwards, the first time Russia has fired on merchant shipping beyond Ukraine since exiting a landmark UN-brokered grain deal last month….
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Container Rates Alert: Spot rates rally on key Far East trade lanes after latest GRI moves
Spot rates for containerized ocean freight have climbed across three leading Far East export corridors after the latest round of General Rate Increases (GRIs) from carriers. The news, revealed by Oslo’s Xeneta, provides welcome relief for a segment tha…
Dry Bulk Market: Capesize Market shows resilience as the week ended
Capesize The week started with the usual slow pace on Monday, but it quickly picked up momentum. In the Pacific, the underlying sentiment remained positive, with two out of the three major players actively participating from West Australia to China. Ra…
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Port State Control CIC 2023 on fire safety ready for your attention
1. CIC – fire safety This year, the Paris and Tokyo MoUs agreed to run a CIC on the topic of fire safety. The majority of PSC MoUs have confirmed their participation in this year’s CIC. The CIC will be carried out between 1 September and 30 November an…
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