Foreign Flagged Ships Detained In The UK
Four foreign-flagged ships were detained in the United Kingdom in December for failing Port State Control inspections, according to the Maritime Coastguard Agency, says...
Nantong Xiangyu Wins Six Bulker Newbuild Orders
Nantong Xiangyu Shipbuilding and Offshore Engineering has secured newbuilding orders for the construction of up to six 79,900 dwt bulk carriers from three domestic...
Castor Maritime Seals $15.3m Fleet Growth Loan
Nasdaq-listed dry bulk owner Castor Maritime seals a $15.3m senior term loan facility to aid fleet growth, says a press release published on their...
Yara Announces The Winner of Yara Marine X’s Accelerator Program
According to an article published in Yara Marine, the company started the Yara Marine X program in September last year and after months of...
Maersk’s Rail Solution for Ocean Capacity Crunch
As the ocean freight capacity crunch rolls on, Maersk has launched a cross-country rail service in India, says an article published in the loadstar.
Dedicated...
Shippers And forwarders Mull Legal Bid Against Increasing rates
The European Commission has said it does not regard the huge container spot rate increases between Asia and Europe as sufficient justification to investigate...
Seafarers In The Third Week Of Hunger Strike
Indian, Turkish, Azerbaijaniani and Bangladeshi seafarers are in the third week of a hunger strike in the port of Shuaiba, Kuwait. The abandoned crew of...
SEPA Praised For Its Strict Regulations As Compared To The Polar...
On 20 November 2020 the 75th session of the International Maritime Organisation (IMO) Marine Environment Protection Committee (MEPC) approved a ban on the use...
Oil Market Positive Under Biden and Covid Cloud
Traders swung back towards cautious optimism with regards to the impending U.S. economic stimulus package and supply concerns.
It caused oil prices to rise about 1...
SSA Clarifies Doubts On Latest Covid 19 Measures At Singapore Port
The Singapore Shipping Association (SSA) clarifies doubts raised by bunker suppliers & surveyors regarding the latest Covid-19 measures introduced at Singapore port.
The...
A Lineage of 50 Years of Oil Spill, How Governments Responded?
Christian Ingvorsen is an oil expert and marine engineer in DESMI oil spill response.
He gives a big picture view on oil spills...
US President’s Next Step Crucial for Asian Oil Market
Japan's 2021 crude oil imports seen falling 5-10%.
US President Joe Biden's next steps on Iran, Venezuela sanctions in focus.
JKM closes below...
Chaos, Container Shortage & Delay Push Shipping Cost by 300%
Shipping costs have skyrocketed as desperate companies wait weeks for containers and pay premium rates to get them, according to industry watchers.
Ikea’s...
European Countries Mandate Medical-grade Face Masks
A number of European countries are beginning to make medical-grade face masks mandatory in the hope that they can slow the spread of...
Shipping Companies Work Together To Help Sailors Stuck at Sea
More than 300 firms agree to work together to help the hundreds of thousands of sailors stuck due to COVID restrictions, says an article...
BIMCO Publishes Sanction Clauses for Container Trade 2021
A new time charter sanctions clause specifically designed for the container shipping sector has been published as a press release by BIMCO in their...
Skyrocketing Freight Rates Delays Shipments
According to an article published by Tom Brown in ICIS, the shipping woes that have dogged the chemicals sector for months shows no sign...
[Watch] Stranded Tanker in ‘Financial Crisis’ Runs Aground
Crew onboard a tanker that ran aground in Umm Al Quwain are hoping that, after three-and-a-half years at sea, they will at last be...
BASF Commissions Low Water Tanker for Rhine Waterway
Chemicals company BASF has commissioned Stolt Tankers to help design and build a new tanker that can operate at extreme low water levels in...
Thome Group Launches New 320° Bridge Simulator
Thome Group has recently invested in the installation of a new Full Mission Navigation Bridge Simulator with a 320⁰ view, reads the company press...