Freight Rates Spiked Over 38% in Trans-Atlantic Routes

Aframax trans-Atlantic freight spiked over 38% from Feb. 17. Close to 50 Aframaxes waiting for USGC discharge. Aframax business trickles into Suezmax segment. A...

$1.9 Trillion Coronavirus Relief Package Bill Passed in The US

  President Joe Biden scored his first legislative win as the House of Representatives passed his $1.9 trillion coronavirus relief package early Saturday. The...

Global LNG Demand To Reach 700 mt By 2040, Says Shell

Shell, in its latest LNG Outlook published on their website, says Global LNG trade increased to 360 million tonnes in 2020 despite the unprecedented...

ABS Publishes Guidance on Methanol As Marine Fuel

ABS has published guidance on Methanol fuelled vessels, evaluating the challenges in design and their operations, says an article published in ShipInsight. Guidance on Methanol...

[Watch] The Climate Implications of Using LNG As A Marine Fuel

ICCT focuses on climate implications of LNG as a marine fuel. Bryan Comer, ICCT senior marine researcher, and Nikita Pavlenko, ICCT senior fuels researcher, explains...

Largest Tanker Operator To Sell 2 Aframaxes & Buy Back Suezmax...

Teekay Tankers announces its agreement to opportunistically sell two unencumbered Aframax tankers for $32m, in its fourth quarter and Annual 2020 results report. Vessels information VesselsValue...

Diana Announces Its Panamax Time Charter Contract

Diana Shipping Inc. announces time charter contract for m/v Ismene with Tongli Shipping Pte. Ltd, says a press release published on their website. Time charter...

Containership Hits & Sinks a Vessel

A container ship struck an anchored fishing vessel in the South China sea, reports FleetMon. What happened? A container ship at around 0830 LT (UTC +7)...

Cattle Ship Onboard Spain Should Not Be Allowed For Transportation, Says...

Spanish officials recommend 864 cows that have been at sea for two months are no longer fit for transport, says an article published in...

KSOE Takes An Order Of 6 ConRo Vessels From European Client

Korea Shipbuilding & Offshore Engineering (KSOE), an intermediary holding company of Hyundai Heavy Industries Group, has won an order for six 45,700-ton ConRo vessels,...

Cruise Ship Capsized, 4 Crew Members Found Safe

Four crew members of a cruise ship survived when their vessel capsized after hitting a rock at 0.3 nautical miles south of Pulau Lalang...

Cargo Ship Docked for Repairs Following A “Mysterious Explosion”

An Israeli-owned cargo ship that suffered a mysterious explosion in the Gulf of Oman came to Dubai's port for repairs. The crew was...

Maersk Ramps Up Alternate Fuel For Decarbonisation Agenda

Maersk is ramping up its anti-LNG message in a bid to get regulators and banks more onside to its own decarbonisation agenda, says an...

Wärtsilä & Ocean Technologies Group Partner To Improve Maritime Safety

The leading provider of maritime smart Simulation and Training solutions Wärtsilä Voyage, and the leading maritime knowledge and technology solutions provider Ocean Technologies Group...

Minerva Bunkering Rolls Out Advanced Delivery Platform At 3 Hubs

Long-term contract with Hafnia commences with ADP service now available for all customers. Emerson published white paper details the data integrity and innovative...

MOL Car Carrier Earns ClassNK’s 1st Remote Survey Notation

Japanese classification society ClassNK has granted its remote survey (RMSV) notation for Orca Ace, a car carrier operated by Mitsui O.S.K. Lines, Ltd. (MOL)...

Saudi Ranks 5th Position In Handling Container Ship Per Hour Globally

Saudi Arabia ranked fifth as the world's fastest in container ship handling per hour, according to the UNCTAD annual index issued by the United...

48 Ships with Coal Stranded in China

The number of coal carriers stranded off China with banned Australian coal has ducked under the 50 mark. But still around 1,000 seafarers...

Will We Have a Fourth Covid-19 Surge?

According to a recent article published in CNN, experts say another Covid-19 surge hangs in the balance and we keep it from becoming reality. Devastating...

JDP Partners Name Expanded Coalition And Prioritize Decarbonization

 Ammonia-fuelled tanker Joint Development Project (JDP) partners - MISC Berhad (MISC), Lloyd’s Register (LR), Samsung Heavy Industries (SHI) and MAN Energy Solutions (MAN) announced...