X-Press Pearl off the coast of Sri Lanka – Update

X-Press Pearl environmental disaster - shipping and freight resource

As everyone is aware by now, the the X-Press Pearl, a Singapore flagged feeder vessel operated by X-Press Feeders started burning on the 21st of May off the coast of Sri Lanka.

On the 2nd of June, the vessel started sinking despite valiant efforts to fight the fire and as of 12th June is still hanging in there with the fore (bow) of the ship clinging to its last vestiges above the sea level while the aft of the vessel is submerged and resting on the sea bed at a depth of 21 meters.

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X-Press Pearl – fiery saga continues amid concerns of serious impact on the environment

It is rarely that a 2-3 month old ship faces a possible fiery end of its life.

The world hopes that will not be the case with the X-Press Pearl – a Singapore flagged 36150 DWT container ship which is still burning in Sri Lankan waters, off the port of Colombo since the 21st of May.

This is amid serious concerns of severe environmental impact due to the incident in which several containers have already fallen off the ship and have washed up ashore, especially near Negombo a popular tourist destination in Sri Lanka.

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Seafarers make the world work………They deserve our support

seafarers are keyworkers who make the world work and seafarers deserve our support

BIMCO has launched an initiative to raise awareness about the crucial role of shipping and its seafarers. Seafarers are keyworkers who make the world work and seafarers deserve our support.

Help raise awareness outside the shipping industry by sharing these videos which reflect the struggle faced by seafarers on a daily basis.

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Suez Canal Authority softens stand on Ever Given while blame game continues

news - shipping and freight resource

It’s been a while since we wrote about the Ever Given, the main character in one of the most complicated stories in shipping history which ironically didn’t involve any damage to the ship or containers on board..

No one knows though about the status of the cargoes on board – especially perishable cargo in reefer containers or cargoes with a shelf life still inside the containers on board or any hazardous cargoes that maybe stewing in the hot African sun..

Just in case you have forgotten what happened, here is a recap and also the current status..

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Is bigger always better – Economies of scale and gigantism in shipping

Opinion Piece

The winds of change within the context of containerized shipping have been sweeping to say the least. In the pursuit of environmental sustainability, digitalization, operational and commercial efficiency, and collaborative practices the containerized fleet and the industries commercial practices have been radically modified over a significantly short period of time.

With gigantism being the most popular trend currently pursued by the world’s major carriers a new global context has concurrently begun to rear its head.

The emergence of colossal vessels along primary routes has led to the resultant cascade of maritime traffic along secondary and tertiary routes.

Thus, whilst the argument for economies of scale relative to container vessel sizes makes for a seemingly sensible commercial case, such developments have the potential to seriously impact ports and the entirety of logistics chain, including production.

This begs the question is bigger always better and what alternatives exist?

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Blank sailing schedules portend delays well into the summer – project44

News - Shipping and Freight Resource

A project44 analysis of the schedules of various shipping lines indicates that cargo delays could last well into the summer with several blank sailings seen in the schedules.

With maxed-out vessels skipping more ports, project44 is warning shippers to adopt proactive supply chain strategies that anticipate delays.

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Supply chain delay worsens as container rollover rates rises across many ports

cargo rollover

“Rising Rollover Rates Show Worsening Maritime Supply Chain Delays”.. This is the gist of April’s container rollover statistics published by project44 the global leader in advanced visibility for shippers and logistics service providers.

The report and figures indicate that maritime supply chain woes are worsening, with little indication that carriers are addressing the industry’s serious capacity issues.

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Difference between Harbour, Port, Terminal, Berth, Quay, Pier, Jetty

Harbour, Port, Terminal, Berth, Quay, Pier, Jetty - Shipping and Freight Resource

Harbour, Port, Terminal, Berth, Quay, Pier, Jetty – you are not alone if you are confused about these terminologies..

To many of us, these terminologies sounds the same.. It took me also a while to understand the difference when I started out in this industry..

So here’s how it works..

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Ever Given in a nutshell

Shared article

Whether for its size and status as one of the largest container ships in the world or because it was famously termed as a “boat that was stuck in a canal”, the Ever Given will remain in people’s minds either as a memorable incident (to those who worked to free it) or as a haunting incident (to the ship owner, ship operator, ship crew and soon maybe the customers)..

Muthu Jagannath of NAU Pte Ltd., provides relevant and pertinent information about the Ever Given, its arrest, the implications of the arrest, insurance and counter claims in this article originally published on their website..

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What’s next, for the Ever Given and the shipping and freight industry

My Opinion

Many journalists and Twitteratis around the world might be having withdrawal symptoms after the Ever Given has been refloated from being stuck diagonally across the Suez Canal.. Although the vessel … Read more here..

Suez Canal Crisis and its aftermath – a legal perspective

Executive Insights - Shipping and Freight Resource - Philip Teoh

The fragility of trade routes which had been sorely tested by disruptions caused by Covid 19, shortage of containers and increased freight rates was once again exposed when the Ever … Read more here..

Suez Canal suspends navigation as work on freeing Ever Given continues

Ever Given - Shipping and Freight Resource - Suez Canal

The Suez Canal Authority officially announced on the 25th March 2021 that navigation through the Suez Canal is temporarily suspended. Announcing the suspension, Admiral Osama Rabie, Chairman and Managing Director … Read more here..

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