This is Not the Time To ‘Relax!’, Warns US Surgeon General

The US Surgeon General has said now is the time to be cautious even though vaccinations have offered many in the US hope of...

Baltic Index Gains As Capseizes Rebound

The Baltic Exchange's main sea freight index, snapped its four-session falling streak on as the capesize index bounced back, reports Yahoo Finance. Four-session falling streak...

Schottel To Propel a 15,000dwt Asphalt Carrier

The 15,000-dwt asphalt carrier will be driven by two highly efficient SCHOTTEL EcoPellers and one TransverseThruster. Designed by Swedish FKAB Marine, the vessel will...

[Watch] Coast Guard Medevacs Mariner from Tanker

The U.S. Coast Guard medevaced a man from a tanker, around 223 miles southeast of Cape Hatteras, North Carolina. Disclaimer: This video is intended for...

North P&I Continues Diversification Drive With New Appointment

Global marine insurer North P&I Club has reaffirmed its drive for diversification by appointing Nick Wolfe as Deputy Global Director (Underwriting), reflecting a significant...

New Partnership Aims To Help Shipping Manage Cyber Risk

Law firm HFW and maritime cybersecurity company CyberOwl have joined forces to help the shipping industry regarding cyber risk management and compliance, says an...

Asia Middle Distillates: Key Market Indicators For July 19-23

Asian middle distillate markets are entering the July 19-23 trading week on a steady-to-firmer note, with tighter supply balances lending support to the gasoil...

EU’s Fit for 55 To Slash Emissions Through Hydrogen Economy

The revision of the EU Energy Taxation Directive (ETD) and the Renewable Energy Directive (RED) will also have an impact on the nascent...

This Gigantic Vessel Is Now In Its Death Throes

The gigantic metal structure, towering around a 21-storied building, is now in its death throes in Chattogram's Sitakunda ship-breaking area, says an article published...

Fleet Expanded With Fully Electric Vessels To Reduce CO2 Emissions

The Bangkok Metropolitan Authority (BMA) has commissioned 12 new fully electric commuter ferries as part of a plan to reduce traffic and CO2 emissions,...

Contagious Delta Variant Is On The Rise

Millions of Americans are jeopardizing their health, freedom, and finances by not getting vaccinated and putting themselves at risk of the most infectious coronavirus...

Methanol, The Fuel That Could Transform Shipping

Methanol as a marine fuel is increasingly becoming a viable contributor in shipping’s drive for a clean, sustainable fuel mix, and is providing the...

Shipping Industry Agree On Steps Towards Carbon Neutrality

With extreme weather events such as floods, heat waves and polar vortex leakages hitting the planet, attention is shifting towards achieving carbon neutrality in...

Weekly Bulk Report – Week 28, 2021

The Baltic Exchange has released a report about the dry bulk market for the 28th week of shipping activities of this year. The report...

Asia Crude Oil: Key Market Indicators July 19-23

Crude oil futures dived during midmorning trade in Asia July 19 on news that the OPEC+ will increase its production quotas, with sentiment also...

Gibson Tanker Report – Why So Weak?

Scrubber-equipped vessels have been able to generate higher returns due to rising oil/bunker prices, with VLCCs benefitting the most due to the long-haul nature...

First-half VLCC Rates Decreases To the Lowest Levels Ever

Spot VLCC rates on the benchmark TD3C trade representing 270,000 dwt vessels between the Middle East and China, plunged to just $500 per...

$75 Million To be Raised by Taylor Maritime for Fleet Expansion

Taylor Maritime Investments to Raise $75 Mln to Fund Fleet Expansion says a Market Watch news article written by Matteo Castia. The dry-bulk shipping company The...

Shipping Industry Repeats Call For International Naval Response To Pirates

New forum for operational coordination and deconfliction sees industry pay tribute to Nigeria’s Deep Blue project while repeating the call for international navies to...

How Maersk Dominates the Global Shipping Company

  Maersk, the world’s largest container shipping company, has seen higher volume and record profits as shipping rates have skyrocketed. The Danish shipping firm,...