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Lockdown 5.0 – Beaching of ships with foreign crew will be allowed

Authorities in Alang, now permit the beaching of vessels with foreign crew provided that there exists a valid letter of permission signed by the Ministry of External Affairs. This letter records all necessary information about the foreign crew so when possible,

Tianjin container freight index up 0.21 pct

The Tianjin Container Freight Index (TCI), an indicator of northern China’s international container freight rates, stood at 537.58 points on Monday, up 0.21 percent compared with the previous working day. The statistical samples of TCI cover 19 international shipping routes departing

MABUX: Bunker market this morning, Jun.02

MABUX World Bunker Index (consists of a range of prices for 380 HSFO, VLSFO and MGO (Gasoil) in the main world hubs) rose slightly on Jun.01: 380 HSFO – USD/MT – 259.56 (+6.42)VLSFO – USD/MT – 301.00 (+7.00)MGO – USD/MT –