Yearly Archives: 2021
Star Bulk Announces Its kamsarmax Duo Acquisition Deal
Star Bulk acquires kamsarmax resale pair and brings its fleet to 128 vessels, says a press release published on their website.
Acquisition of vessels
Greek dry...
World’s 11th Largest Liner Acquires Boxship from Delphis
Wan Hai Lines announces acquisition of the 2010-built 4,178 teu boxship Toucan Hunter from Belgian owner Delphis, says an article published in Splash 247.
Sale...
[Watch] Coast Guard Medevac Woman from Containership
An aircrew aboard successfully hoisted a 65-year-old woman from a large container ship in the Straits who was experiencing a medical emergency. She was...
Box Carriers Seek Better Visibility Through Enforceable Contracts
The pandemic has shown up the weakness of current container freight contracts that offer no compensation for rollovers or no shows. Carriers are now...
Global Container Shortage Has Led To A Surge In Container Shipping Rates
With long-term rates on the rise, bonds, technology/growth stocks, and even precious metals have been under pressure. Last week saw a relatively significant increase...
Strange Q1 For Dry Bulk Shipping As Smaller Bulkers Earned More Than Capesizes
It has been a particularly strange Q1 for dry bulk shipping. Usually, the larger ships — Capesizes with capacities of around 180,000 deadweight tons...
Global Emission Levels Rebound As Economies Continue To Grow
The Covid-19 crisis in 2020 triggered the largest annual drop in global energy-related carbon dioxide emissions since the Second World War, according to IEA...
Cargo Ship Sails Back After Mysterious Explosion
Israeli-owned cargo ship that suffered a mysterious explosion last week left Dubai's port and was transiting the Gulf of Oman, reports LiveMint.
Sailing towards Arabian...
Baltic Exchange Adds New Indices for LNG Powered Seaborne Trade
Baltic Exchange adds new LNG powered seaborne gas assessments, reports Market Screener.
Indices for LNG seaborne trade
A new set of independent indices for the Liquified...
Competitive Bunkering by SFOL
Sinopec Fuel Oil Lanka Limited (SFOL), a unit of China’s Sinopec group located in Hambantota port, is making Sri Lanka’s ship bunkering more competitive...