Last posted by Vespac Admin on January 22 2024 at 04:55 AM
About 15% of global trade goes through the Red Sea, says economist Geoffrey Williams. (Unsplash pic)   Container charges from Port Klang to Rotterdam rise by more than 200% as ships take...
Last posted by Vespac Admin on January 10 2024 at 12:00 AM
Industry associations have come together to publish security guidance applicable to navigating in the Southern Red Sea and Gulf of Aden.  This guidance is issued by shipping associations...
Last posted by Vespac Admin on January 09 2024 at 11:55 PM
Update 8 January 2024 The situation remains dynamic, with the list of potential targets expanding - possible links to Israel include port calls by vessels, trade with Israel in general, or...
Last posted by Vespac Admin on December 09 2023 at 02:09 PM
of 6 Sep 2023 Posted in Announcements Singapore signed the United Nations Convention on the International Effects of Judicial Sales of Ships at a signing ceremony in Beijing on 5 September...
Last posted by Vespac Admin on January 23 2022 at 10:52 PM
Speaking of trade, ocean shipping rates are expected to stay elevated well into 2022, setting up another year of booming profits for global cargo carriers. Economists have warned that persistently...
Last posted by Vespac Network Admin on January 14 2022 at 05:47 AM
Published: 01 November 2021 At times of port restrictions and situations where a crew may be infected or fall ill with COVID-19, it has become apparent that the obligations and rights of...