Global Emission Levels Rebound As Economies Continue To Grow
The Covid-19 crisis in 2020 triggered the largest annual drop in global energy-related carbon dioxide emissions since the Second World War, according to IEA...
Cargo Ship Sails Back After Mysterious Explosion
Israeli-owned cargo ship that suffered a mysterious explosion last week left Dubai's port and was transiting the Gulf of Oman, reports LiveMint.
Sailing towards Arabian...
Baltic Exchange Adds New Indices for LNG Powered Seaborne Trade
Baltic Exchange adds new LNG powered seaborne gas assessments, reports Market Screener.
Indices for LNG seaborne trade
A new set of independent indices for the Liquified...
Competitive Bunkering by SFOL
Sinopec Fuel Oil Lanka Limited (SFOL), a unit of China’s Sinopec group located in Hambantota port, is making Sri Lanka’s ship bunkering more competitive...
Overtightened Locating Bolts Led To Engine Failure & Grounding
The Swedish P&I Club describes a case of a bulk carrier grounding caused by engine failure.
Summary
A bulk carrier loaded a cargo of soya beans...
FSL Trust Agreement To Sell Two LR2 Tanker Newbuildings
FSL Trust Management, as trustee-manager of First Ship Lease Trust, has executed memoranda of agreement to sell two LR2 product tanker newbuildings, reports Offshore...
Nigeria Will Spend $195 Million To Combat Piracy
Responding to the growing outcry over the increasing security risks for mariners in West Africa and the repeated reports of Nigerian pirates being at...
Global Port Delay Data From IHS Markit
Few corners of the global container supply chain were left unscathed by severe congestion at terminals last year, but new data from IHS Markit,...
Piracy on Rise, International Stakeholders Take No Action
The international community is on the spot for slow action against the rising menace of piracy in the Gulf of Guinea.
It has...
First High-Temperature Ammonia-Powered Fuel Cell For Ships
Every year, hundreds of millions of tons of CO2 are emitted through maritime transport, causing serious harm to the climate.
As scientists around the...
Carrier Profits Assured in 2021, Container Shipping Disrupted
After a down and up year in container volumes, the current logjams in the system and unbalanced trades will take months to resolve.
...
Petronav Carriers Takes Long-term Charter of New MR Tanker
Petronav Carriers, a subsidiary of Delaware-based Petrogress, has added a 38,000 dwt FKAB MR tanker to its fleet via a long-term charter for operations...
Wärtsilä Ups Investment in Carbon Capture Technology
Wärtsilä has invested a further €1 million in Soletair Power Oy, a Finnish CO2 direct air capture technology company following an original €500,000 investment...
The Largest and Greatest Self-unloading Ship
In the winter, roads require salt to melt ice so that drivers don’t lose control of their cars.
And in eastern Canada, salt...
India Rebounds In March With Gasoil Loadings To Europe
Gasoil loadings of spot cargoes from the Middle East and India with options for delivery in Europe have risen in March, with shipping brokers...
IMO Publishes Onboard Fuel Oil Sampling Guidelines
Amendments to MARPOL Annex VI have been adopted, introducing procedures facilitating PSC's sampling from fuel oil tanks to verify the sulphur content.
The...
Interpol Warns Armed Robberies of Vaccine Shipments
Shipping companies are using kill switches, panic buttons, plainclothes guards, and tons of monitoring to ensure delivery.
In the coming months, billions of...
FSL Trust Seals MR Tanker Sale Deal
FSL Trust sealed a deal to sell its 2007-built MR product tanker, says a press release published on their website.
Sale details
Singapore’s FSL Trust Management...
Seaspan Adds 2 Emission Reduction Vessels on Long-term Charters
Seaspan Corporation, a wholly-owned subsidiary of Atlas Corp., has entered into an agreement to acquire two young, high-quality 15,000 TEU scrubber-fitted containerships on a...
One Indian Firm Vaccinating The Whole World
As pharmaceutical giants ramp up production in the race to vaccinate the world, one firm has shot into the lead, says an article published...