VLCC & Clean Rates Remain Static in the Weekly Tanker Market

The Baltic Briefing has issued the tanker report for the 51st week of this year. The report dated 18th December 2020 provides a valuable...

Three Secrets Behind Ammonia’s Use as a Marine Fuel

  ABS issued a ammonia as a marine fuel analyzing the top three factors one should consider when utilizing ammonia as a marine fuel. It...

e5 Lab Inc. and ClassNK Sign a Joint Research Agreement on...

e5 Lab Inc. and ClassNK have signed a joint research agreement on cybersecurity, says a press release issued by ClassNK. For their first joint research...

IMO Commends Captain for His Exceptional Bravery at Sea

According to an article published in Vietnamplus the International Maritime Organisation (IMO) has recently sent a letter to Captain Dinh Xuan Truong, Commander of...

Top 9 Ocean Stories of 2020

From the discovery of a giant coral reef pinnacle to a shocking estimate of plastics on the seafloor, Smithsonian Magazine reports the biggest marine...

ABS Completes JDPs In LNG Bunkering With A*STAR

ABS, Sembcorp Marine, and A*STAR’s Institute of High-Performance Computing (IHPC) have successfully completed joint development projects in LNG bunkering and the use of LNG...

Study Result on Expectation for 2021 Cruise Restart is Out

Royal Caribbean has provided no firm restart plan in the United States, but Wall Street is just as eager as cruise fans to know...

MOL Issues A Guidance To Prevent Mauritius Oil Ship Grounding Incident

In a major development, Mitsui O.S.K. Lines, Ltd. (MOL; President & CEO: Junichiro Ikeda)  announced that it has formulated measures to prevent an reoccurrence...

Moderna Vs Pfizer – How the 2 COVID Vaccines Are Competing?

The United States now has two vaccines available for emergency use and the Science News Erin Garcia de Jesus sought to find out the...

LSFO Demand To Spike As Coal Plants Shuts Down

Korea East-West Power raises December LSFO purchases Coal plants shut down will trigger LSFO demand which eventually result in higher purchase  IMO 2020...

Asia Opens Upto LNG As It Turns Out To Be The...

According to an Argus Media report, LNG is slowly becoming the best alternative bunker fuel and Asia has woken upto it.  The Most Scalable Alternative...

Thoughts on Organizational Culture

The word “Culture” is increasingly in use while discussing big organizations. It is said to contribute to exponential growth of organizations.  What actually is Culture?  MIT...

IMO Chief Lambasts the ‘No Crew Change’ Clause

IMO Secretary-General Kitack Lim has spoken out against “no crew change” clauses in charterparties. He pointed out that such clauses exacerbate the dire situation of stranded...

Golden Union Buys Newcastlemax at Attractive Price

Over the weekend one of the more modern newcastlemaxes to be marketed founded new owners. Its full steam ahead for cape owners, battling...

France Bans Freights from UK, After New Strains

France decides to block lorries arriving from the UK for 48 hours in response to the emergence of a new strain of Covid-19. ...

Ships Race To Reposition Containers Globally

Ninety-five percent of coffee imports in the US and Europe arrive in containers. The containers are unloaded and returned to port with outbound...

IMO To Consider Example of Bunker License

An IMO correspondence group has been set up to “review and amend, as appropriate, the indicative example of a license for fuel oil...

Lack of Proper Safety Procedures Leads To Barge Explosion

The National Transportation Safety Board has issued a marine accident report detailing the investigation of explosion of barge IB1940. The Incident About 0930 on November 4,...

NYK Expands IoS-OP Linked Fleet To 200 Vessels

Nippon Yusen Kabushiki Kaisha (NYK) and Ship Data Center Co., Ltd. (ShipDC) have agreed to use the latter’s IoS-OP to share data received from...

Panamax & Handysize Market Remain Positive With Holidays Kicking In

Baltic Exchange has released a report about the dry bulk market for the 51st week of shipping activities of this year. The report dated...