Yearly Archives: 2021
Top 3 Reasons for A Drastic Decline in Oil Spills
It is important for Christian to make one thing clear in the beginning: as long as we need oil for heat and power, we...
Top 3 Reasons Why EC Renewed BER
The EC renewed the BER, which allows container shipping lines to coordinate their networks and utilise space on their vessels, last April for a...
Covid-19 Death Rate
The UK now has the highest death rate from Covid-19 of any country in the world, the latest data has revealed.
Check the full article for more
ClassNK Updates “Guidelines for Remote Surveys”
Leading Classification Society ClassNK has released “Guidelines for Remote Surveys Ver. 2.0” including a class notation requirement for the ship with advance preparation for...
Cosco Opts To Dispose 10 Tankers
A number of tankers are being sent for scrap in 2021, with elevated demo rates proving very tempting. Cosco Shipping Energy Transportation recently announced...
IMF Predicts 21% Rise in Oil Prices in 2021
Oil prices will average just above $50/b in 2021, a more than 21% rise from 2020's depressed level.
This may be attributed to...
IPO Expected from SM Line in 2021
SM Line announces that it is preparing for an initial public offering (IPO) in the second half of the year.
The shipping company...
Oldendorff Carriers Signs A Major Fuel Saving Technology Project
Oldendorff Carriers (OC) sign a Joint Development Project (JDP) with Anemoi Marine Technologies (Anemoi), LR and SDARI.
The JDP is to develop a...
Debunking Pirate Attack, Plight of Seafarers
Pirates are stepping up attacks on ships in West Africa’s Gulf of Guinea, defying regional navies.
On Saturday, pirates off Nigeria kidnapped 15...
Rising Shipping Costs Spurs Stress on China-Europe Trade
The cost of shipping goods from China to Europe increases by up to 600 percent in recent weeks.
The rise in cost of...