Diana Shipping Announces Final Results of Tender Offer

Diana Shipping Inc., a global shipping company specializing in the ownership of dry bulk vessels, has announced the final results of its tender offer...

Bezos To Step Down As Amazon CEO

Amazon CEO Jeff Bezos will leave his post later this year, turning the helm over to the company’s top cloud executive Andy Jassy. ...

World’s First LNG-powered Bulker Competes Eco-friendly Operation

POSCO, in their press release, announce the first completion an “eco-friendly” operation by their LNG-powered bulk carrier for overseas raw material transport. Eco-friendly vessel On January...

Fuel Premiums Run Astray Despite Approaching Holidays

The delivered premium of the very low-sulphur fuel oil (VLSFO) bunker grade to its cargo price assessments in Singapore is largely rangebound, writes Sammy...

Severe Snow Storm Causes Closure of NY/NJ Ports

Container terminals at the Port of New York and New Jersey remained closed on February 2 amid a severe winter storm that brought heavy...

[Watch] High-speed Bullet Train for Extremely Cold Temperatures

A new type of Fuxing high-speed bullet train that can operate under temperatures as low as -40 C made its debut in Beijing on...

Anglo American and Pacbulk Into Charter Agreements

Greek capesize owner Seanergy Maritime Holdings has announced that it has entered into a new time charter contract with miner Anglo American, as well...

DSME Built Giant Oil Tanker Launched

The Oman Shipping Company launched the giant oil tanker (Dhalkot), which was built at the DSME shipyard in South Korea and is the last...

Trans-Pacific Trade Hits Blank Sailings Due to Port Congestion

Container volumes in the Asia-U.S. trans-Pacific trade have hit their limit which made massive port congestion in the ports of Los Angeles and Long...

BIMCO To Publish Charter Party Clause Protecting Vessel’s AIS

BIMCO is working on a charter party clause that will help the shipping industry deal with potential abuse by sanctions busters of the Automatic...

The End of The EU Vessel Owner Recycling Conundrum?

Taking part in the ship recycling in the EU discussion, sponsored by Wirana Shipping, was the company’s vice president - Middle East & green...

Practical Obstacles With Just-in-time Operations for Bulkers

International Taskforce Port Call Optimization (ITPCO) chairman Ben van Scherpenzeel discussed the practical obstacles facing JIT operations including charterparty contractual clauses, says an article...

PIL’s Retail Investors Voting for Reconstruction Plan

Creditors of distressed Singapore shipping firm Pacific International Lines (PIL) were to have voted on Feb. 1 on a restructuring deal that involved a...

Icebergs Towing for Water-Scarce Cities

WHOI publishes an article on towing of massive icebergs to cities, with various researches and studies conducted from WHOI Independent Research and Development (IR&D) based...

Study Reveals Fall In Covid Mortality Rates

Death rates among people who end up in intensive care with Covid-19 have improved dramatically since the start of the pandemic thanks to advances...

First Evidence of COVID Effect on Sperms

A new research study has found that covid19 can reduce sperm count and motility. Changes in sperm shape, mobility and numbers were reported. ...

World’s Largest LNG Bunkering Vessel To Join The Avenir LNG Fleet

Avenir Allegiance was launched on 27 January 2021 at Zhoushan Changhong International Shipyard Co. Ltd. Due for delivery from CIMC SOE in 3Q21, it will...

EPS Surpassed Its CO2 Reduction Target Two Years Ahead of Schedule

EPS, which operates a diverse fleet of over 15m dwt, revealed the achievement as it published its Environmental, Social & Governance (ESG) Policy for...

Container Scheduled Reliability Has Declined To Its Lowest Levels

Global container service scheduled reliability has declined to its lowest levels since records began, according to new data from SeaIntelligence Consulting, says an article...

The Urgent Need Of Setting Up Crew Change Hubs For Seafarers

The establishment of a global network of crew change hubs would help alleviate the humanitarian crisis seafarers face at present, according to the Maritime...