Make Way for Ultra Clean Marine Fuel Made from Plastic Waste!

Marine fuels are turning more eco friendly as a new type of fuel made from plastic waste is set to enter the market, reports...

Royal Alfred Seafarers’ Society Dedicates A Garden For Seafarers

The Royal Alfred Seafarers’ Society has established a Stella Maris Rose Garden at its specialist maritime care home to celebrate the centenary of the...

Ever Given Owner Declares General Average

As the investigation into the grounding of the Ever Given in the Suez Canal begins, the vessel’s Japanese owner, Shoe Kisen, this morning declared General...

CDB Ship Leasing Assets Hit Record Of $5.26bn In 2020

According to an article published in Seatrade Maritime News, The total assets of ship leasing business of China Development Bank Leasing amounted to RMB34.18bn...

Suez Canal Block To Cause ‘Large Loss’ for Lloyd’s of London

The blockage of the Suez Canal for nearly a week will result in a “large loss” for Lloyd’s of London, its chairman said on...

Ever Given Charterer Denies Responsibility for Cargo Delays

Evergreen risk exposure from Suez ‘very low’: President Hsieh. Company says 12 vessels it uses were impacted by shutdown of Suez. Taiwan’s Evergreen Marine...

Egypt To Seek $1bn Compensation for Suez Canal Crisis

Egypt said it may seek around $1 billion in compensation after the giant container vessel blocked the Suez Canal for almost a week...

WHO’s Report Of The Origins Of The Coronavirus

The joint WHO-China report on the origins of Covid-19 comes to four conclusions, and none are definitive. They are essentially preliminary assessments, reports BBC. The...

US To Set New ‘VIDA’ Regulation For Discharges

The US is planning a new set of regulations for discharges from tankers (and other vessels), including from ballast water and scrubber wash water,...

New Laws To Restrict Ballast Water Release Into UK Seas

New laws discussed to further protect United Kingdom coastlines by stopping international ships from discharging potentially harmful species into the sea, says an article...

March JKM LNG Futures Volume Rises 8% YOY To 15.3 mmt

According to exchange and broker data, JKM LNG futures trading volumes cleared on financial exchanges in March rose 8% YOY to 15.3 million mt,...

Vaccine Around 91% Effective at Preventing The Disease

  Pfizer Inc and BioNTech’s COVID-19 vaccine is around 91% effective at preventing the disease, said in an article published on Rueters. Cases in Europe Europe’s rollout...

NYK Orders Luxury Ship from Meyer Werft

Japanese NYK Cruises orders LNG powered cruise ship from German Shipbuilder Meyer Werft, says an article published in Offshore. First order since the pandemic The order...

Take a Look at The ‘Caixa de mariners’ !

Way back in the 18th century, sailors used wooden chests called ’Caixa de mariners’ or ‘seafarer’s boxes’ to store their most treasured possessions when they went...

Wartsila Unlocks Its Shipping Potential In Pandemic

While coronavirus may have brought normal life to a standstill, there has been blistering progress in training solutions of Wartsila Cloud Simulation, says an...

Wartsila Signs Minerva LNG Tankers Maintenance Deal

Wärtsilä has signed long-term Optimised Maintenance agreements covering five LNG Carrier vessels owned and operated by Greece-based Minerva Gas Inc., says a press release...

Update on Scrubber Discharge Bans in Countries & Ports

Countries and Ports to hold Restrictions on EGCS Discharges Apply, an article was published on North P&I Club. Scrubber in shipping industry It is known that...

Oil Products Stocks Climb Up To A Four-week High

  Large gasoil shipments are heading for Yemen. India and China are sending gasoline to the Middle East. There is an unexpected refinery outage...

World Financial Policymakers To Convene in IMF and World Bank Meet

Financial policymakers from around the globe are preparing to convene for the springtime meetings of the IMF and the World Bank. The IMF...

Excellence in Energy Transition and Ship Energy Summit

‘Actors in the market have to set their own targets, and these targets should be more aggressive – more ambitious – than the ones...