Bomin Group Winds Up Singapore Bunker Unit
Global marine fuel supplier Bomin Group has finally wound up its Singapore bunkering unit, having shuttered its physical supply operation there more than two...
Demo Rates Shot Up Surpassing $500/ LDT
Demo rates have shot up in recent days, surpassing $500 per ldt and seeing many owners have a change of minds about their vintage...
Suez Congestion Aids Bunker Fuel Demand In Singapore
The Suez Canal logjam since the week starting March 21, caused by the Ever Given cargo vessel, could potentially increase bunker fuel demand in...
GFS Added to Its Fleet with The Acquisition of Boxship
Dubai-based feeder boxship operator Global Feeder Shipping (GFS) has added to its fleet with the acquisition of 2007-built 3,450 teu boxship Uni Florida from Hong...
Coronavirus Takes a Toll on Mental Health of Sailors
When Ritesh Mehra, 43, enlisted for a four-month stint as captain on a liquid gas tanker last July, he never expected to be stranded...
The Equation Between Tanker Market and Suez Canal Disruptions
Once the queues of more than 360 ships in the Suez Canal are dissolved, the container market will be hit by repercussions for...
Oil Prices Down, Stocks Pick Up After Suez Block Clearance
Oil prices dropped on news that a cargo ship blocking the Suez Canal had been refloated.
Inflation caused by an expected strong global...
Global Trade Disruption in Suez, May Take Months To Stabilize
The six-day blockage of the Suez Canal by a massive cargo ship has triggered a series of disruptions to global trade.
It could...
Suez Cleared & Insurance Losses Downplayed
Analysts at Morgan Stanley believe that the insurance impact from the obstruction to the Suez Canal will be 'minimal'.
This may be attributed...
Suez Canal Blockage, Countless Businesses Hit
A huge container ship that has been wedged in the Suez Canal since Tuesday has finally been freed from the shoreline.
The Ever...
Giant Ship Stuck in the Suez Canal Is Finally Free, 357...
The Suez Canal is set to resume operations today after the 20,388 teu Ever Given was re-floated overnight, reports the Loadstar.
Ship refloated!
While the vessel’s...
Wuhan’s Wildlife Trade Most Likely Pathway For COVID Transmission, Reports WHO
According to an article published in CNN, the wildlife trade in China is the most likely pathway through which Covid-19 was able to spread from...
Maritime Recruitment & Careers Post Covid
Covid-19 has brought to light huge inefficiencies in the way that the maritime industry handles and safeguards seafarers, and with gruelling reports of stranded...
Asian LR2 Tanker Premium Roll Back Amid Suez Canal Crisis
LR rates hit new 2021 highs
East bound naphtha cargoes stuck
West bound gasoil, jet fuel delayed
Long Range 2, or LR2, clean tankers...
LNG Spot Shipping Market To Stay Strong Amid the Suez Canal...
The overnight running aground of the containership, Ever Given, on both sides of the Suez Canal is unlikely to have a major impact on...
Biden Administration Working on “Vaccine Passport”
The Biden administration is working on creating a set of standards for people to prove they've been vaccinated against Covid-19, according to an administration official, says an...
[Watch] Markets Watch in Suspense After Suez Canal Traffic Block
The highlights on S&P Global Platts Market Movers - Asia, with Senior Shipping Editor Sameer C Mohindru:
More than 320 ships are stranded as...
Royal Caribbean To Resume Summer Mediterranean Cruises With Restrictions
Royal Caribbean plans to resume sailings of some of its cruises with vaccinated adult guests, says a press release published on their website.
Individual Cruises...
Do Not Ignore Manufacturers Instructions While Installing Batteries
IMCA Safety Flashes issued a summary related to a lead-acid battery blew up incident when an engine was started.
About the incident
The incident occurred when,...
Ningbo Containerised Freight Index
Baltic Exchange publishes the weekly Ningbo Containerised Freight Index, compiled by the Ningbo Shipping Exchange.
The index is reported every Friday (except Chinese holidays) at...