Major Bunkering Hubs Witness ‘Record’ Post-pandemic Price Spread

The price spread between low (VLSFO) and high (HSFO) sulphur fuel oil continues to widen across the world, reports Splash247. Surge in fuel spread  Lorentzen &...

Covid Vaccines Are Safe To Use, Says MHRA

  According to an article published in BBC, Covid vaccines being given to millions of people in the UK are extremely safe, with mild expected...

Singapore Receives Accolade for ‘Green Port’

The MPA of Singapore announced the Port of Singapore has been recognised as an Asia-Pacific Economic Cooperation (APEC) Port Services Network (APSN) Green...

BIMCO Issues Weekly COVID19 Report Focusing Crew Change Rules

The BIMCO Maritime Information department informs members on a weekly basis, updates about the COVID-19 in relation to implementation measures imposed by governments for...

2020 Maritime Lessons & the Future of Shipping

The Maritime Industry like the rest of the world had a turbulent time last year due to covid situation and as we start this...

Oxford Vaccine Not Effective Against South African COVID Strain

University of the Witwatersrand and Oxford University research shows vaccines have reduced efficacy against mutation, says an article published in the Guardian.  Limited Protection Against...

Freight Shipping Steaming Ahead The Covid-19 Pandemic

Maritime container freight shipping is steaming ahead through the Covid-19 pandemic, boosted by strong demand for Chinese exports and a shortage of vessels according...

The Biggest Dumpers of 2020 – A Ship Breaking Analysis

630 ocean-going commercial ships and offshore units were sold to the scrap yards in 2020. Of these vessels, 446 large tankers, bulkers, floating platforms,...

Exxon Make Amends But Not Much Change Exxon Mobil’s Strategy

Exxon reported its first annual loss in at least three decades, reports Bloomberg Quint. Within that, it took a $19 billion impairment.  Free cash...

Maersk Essen To Rejoin Regular Service After Weather Related Accident

Maersk has given clients hope their delayed shipments on the 13,100 teu Maersk Essen may get to Los Angeles within a couple of weeks, reports...

d’Amico Buys Back Leased Product Tanker

d’Amico International Shipping S.A., announces that its operating subsidiary d’Amico Tankers D.A.C. (Ireland) (“d’Amico Tankers”), exercised its purchase option on the MT High Priority,...

Hyundai Heavy Industries Cancels $872.6m VLCC Construction Contract

The global VLCC orderbook has seen a sizeable chunk removed this week, reports Splash247. The cancellation  South Korea’s Hyundai Heavy Industries and sister yard Hyundai Samho...

China’s Shipping Industry Experiences Extreme Shortage Of Containers

Chinese exporters suffer from extreme shortage and rising costs of shipping containers, which strand in America and Europe due to the COVID-19 pandemic, reports...

50% Of Cases In France Was Ascribed To The UK Variant

At 8.30am on Tuesday 26 January the waiting room of the emergency department at the Lariboisière hospital in Paris was still empty, festooned with signs reading...

UK Rules Out Covid-19 Vaccine Passports

According to a BBC report, the UK government has ruled out plans to issue so-called "vaccine passports" to enable people who have had the...

Leading Container Ship Operators – TEUs 2021

Below statistic displays a ranking of the world’s leading container ship operators as of January 28, 2021, based on TEUs. With around four million...

Electrical Injuries Onboard

Electrical shocks can be very serious and can cause real physical injury, permanent damage and even death.  Electrical current may cause injury in three...

How To Avoid Attacks By Pirates & Armed Robbers

In summary, the fundamental requirements of any best practice to avoid attack by pirates and armed robbers are: Understand the threat Gather accurate information on the...

Ballard & GEV Signs MoU To Develop Compressed Hydrogen Ship

Ballard signs MoU with Global Energy Ventures for the development of fuel cell-powered ship, says a press release published on their website. About the MoU Ballard...

BIMCO To Update SHIPMAN & CREWMAN Agreements

BIMCO has decided to revise and update SHIPMAN 2009 and CREWMAN A and B 2009 – the ship management sector’s “go to” standard agreements,...