Russia is sending an ice-breaking tanker of oil to China via the Arctic Circle, opening up a faster route to Asian buyers

 

 

Zahra Tayeb 

Nov 8, 2022, 2:03 PM

 

Russia is sending an ice-breaking tanker of oil to China through the Arctic Circle, only the second time it has explored a route that promises to get Asian buyers crude more quickly.

According to data from Bloomberg, the ship, Vasily Dinkov, took a small cargo of oil from a storage vessel in Murmansk in late October. It is now making the arduous 3,300-mile journey through the typically iceberg-laden seas to the Chinese port of Rizhao, where it is scheduled to dock on Thursday next week.

The voyage is the shortest sea route between Europe and East Asia, taking half the time it takes to reach China from Russia’s Baltic ports, compared to the standard route via

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How API Technology is Transforming Ocean Freight Technology – Top APIs for 2023

Gcaptain 

31 oct.2022

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.

It serves as the backbone of the global supply chain industry, since about 80 percent of all goods are carried by sea. The top 10 carriers dominate the market, controlling 85% of the market. Technology is largely contributing to their leading position above independent actors. API connection, in particular, are a disruptive turning point in industry shift to digitalization.


Building powerful and flexible information systems

Acronym

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Report: The State of Human Rights Implementation in Shipping

 

 

 

THE MARITIME EXECUTIVE

 

Image courtesy Human Rights at Sea / ITF

PUBLISHED OCT 21, 2022 10:40 PM BY HUMAN RIGHTS AT SEA

Human Rights at Sea has published a new independent review into implementing the UN Guiding Principles on Business and Human Rights throughout the maritime sector.

The extensive report provides both an introduction to the UN Guiding Principles (UNGP) and highlights ongoing developments in the maritime sector under the three UNGP pillars.

It points to areas within maritime sectors where further work is needed to ensure that commercial engagement fully aligns with the Guiding Principles.

The UNGP have now been in place for over a decade. Still, the degree and quality of their implementation across global supply chains requires significantly more investment and development

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Corrupción en la Armada de Uruguay

Uruguay: la Armada reveló que pagó en 2021 facturas de luz, agua y gas por USD 70.000 del Club Naval pese a que no le correspondía

 

Infobae

Además, se detectó que personal subalterno de la Armada trabajaba en esta y otras dos instituciones privadas con sueldos cubiertos por el Estado

8 de Julio de 2022

En el caso del Club Naval, se detectó que la Armada es quien se encarga de pagar el servicio de agua al menos desde la década del 70.

La Armada Nacional uruguaya ordenó cortar el suministro de luz, agua y gas al Club Naval y otros privados tras detectar que durante varios años se les pagó las facturas a pesar de que son instituciones privadas. En el caso del Club Naval, se

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World’s largest ultra-large dry bulk vessel passes through new Bohai deep-water channel

by The Editorial Team

On September 22, “MV YUAN JIN HAI”, a vessel operated by COSCO SHIPPING Bulk, passed through the new channel in the central Bohai Sea with a full load and safely berthed at No. 5 Ore Terminal in Caofeidian Port Area, Tangshan Port, Hebei Province.

The vessel marked the successful launch of the “new channel” for 400,000-TEU giant ships to enter and exit the deep-water route of the Bohai Sea.

MV YUAN JIN HAI loaded 390,200 tons of iron ore, broke the three records of maximum cargo volume, maximum deadweight tonnage and maximum draught for ultra-large dry bulk carriers berthing at the port.

As the world’s largest ultra-large dry bulk vessel, MV YUAN JIN HAI is one of the

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