Yearly Archives: 2021
Active Shipping Companies Working On the NSR
There are few Asian shipping companies and operators working on the Northern Sea Route compared to the number of European companies. Much more frequent...
WHO Team To Reach China on Jan 14 To Investigate COVID Origin
According to a Business Standard report, China said on Monday that a group of experts from the WHO will arrive in the country on...
No Herd Immunity in 2021 Despite COVID Vaccine Rollouts
In a major development, the World Health Organization’s (WHO’s) chief scientist has warned that even as numerous countries start rolling out vaccination programmes to...
Oil Prices Fall Over New COVID Strain Lockdown & Stronger Dollar
According to a Reuters report, oil prices steadied on Monday after strong gains last week, as tough coronavirus lockdowns around the world renewed concerns...
The New World Record Set for Shipping Rates
LNG shipping hits all-time peak but rates expected to subside in the spring, reports Freight Waves.
LNG Shipping
It has never been more expensive to get...
China’s Largest Bunkering Port Reaps 15% Increase In Bunker Sales
The Zhoushan Bonded Marine Fuel Association on Saturday (9 January) reported bonded bunker sales at Zhoushan totalling 4.724 million metric tonnes (mt) in...
International Shipping Regulations That Enter Into Force
Potential consequences from the fallout of the commonly referred IMO-2020 were overshadowed by the impact of COVID-19, says a recent regulation update published on...
Newbuild Order Spike Probably Won’t Lead To Rate Relief
Q4 2020 container-ship orders were the highest since Q3 2015, reports Freight Waves.
A jump in newbuilding orders
In virtually any ocean shipping market, a big...
[Answer] What are the Symptoms of Hypothermia?
The US Coast Guard explains which are the symptoms of hypothermia, highlighting that body heat can be lost 25x faster in cold water than...
Ship Repair is All About Fine Act of Financial Balancing
Shipowners have limited options to access financing for ship repair, given the capital-intensive nature of vessel repairs also represents a financial risk for...