World Oil and Bunker Market Witnesses An Upward Trend
OPEC and key ally Russia moved a conference call to discuss future output cuts.
Brent for August settlement increased by $1.25 to $39.57...
0.5% Marine Fuel Witnesses a Mixed Market Trend
Marine Fuel 0.5% market witnessed mixed sentiment on the first trading day.
Singapore Marine Fuel 0.5% swaps curve has progressively slipped deeper into...
MPA and Team Unveil COVID-19 Crew Change Guidebook
MPA, SSA, SMOU, IMEC, and WSC have formed the Singapore Crew Change Working Group.
Singapore recently announced the ease of the restrictions under...
10 Vital Steps To Enhance Seafarer’s Mental Health
A recent study by Cardiff University identifies isolation and fear of job loss as main factors pre-disposing seafarers at mental illness, says an article...
World’s Largest Refuelling Port To Get Its First LNG Bunkering Tanker
China’s Keppel Nantong Shipyard launched Singapore’s first LNG bunkering tanker, reports Seatrade Maritime News.
First LNG bunkering tanker
The ship claimed to be Singapore’s first LNG...
Low Bunker Price the Only Advantage for Carriers!
The Covid-19 crisis has – and will continue to – hit the container shipping market hard, and the current economic situation provides no hope...
Blank Sailing Strategy Unlikely To Work As Demand Shock Continues!
Despite carrier projecting an optimistic outlook there no hope for short term recovery in 2020.
Containershipping is unlikely to rebound in 2020 as...
[Answer] How To Screen the Crew Leaving the Ship for COVID19?
As COVID19 has become a potential risk for seafarers working at sea, IMO has come to their rescue by addressing safety and security of...
ICS Updates COVID19 Guidance As Seafarers Denied Treatment!
The International Chamber of Shipping, ICS has launched a new COVID19 guidelines as latest reports indicate that seafarers are being denied medical attention by...
Coronavirus Weakening & Becoming Less Lethal!
According to a Reuters report, the new coronavirus is losing its potency and has become much less lethal, a senior Italian doctor said on...
North P&I Club’s Strong Hold in Business Despite Causalities
Two major casualties had an impact on North P&I Club’s underwriting figures for the policy year ending February 20, the club said.
However,...
Why Is The Europe LNG Market Not in Its Best Times?
Unquestionably the current global health situation is going to cause a severe economic crisis not seen since the Great Depression.
This is already...
Long-Term Container Blanking Catapults Short-Term Rates
Container spot rates from Asia to the US soared this week as the aggressive blank sailing programmes of transpacific carriers resulted in a...
New Ebola Outbreak Emphasizes WHO Globally!
The new Ebola crisis in the DRC compounds an already extremely difficult situation for public health officials.
The country is also dealing with...
COVID-19 Crisis Puts Containership Sector in An Unprecedented Tumble!
The COVID-19 pandemic is projected to lead to an unprecedented decline in world container trade.
Future growth predictions for container shipping depended on...
Natural Gas Market Witnessing A Backlash Post Coronavirus Crisis!
Coronavirus pandemic has taken a toll on the natural gas market, undercutting hopes for a rich new vein for profits on the water.
...
Tanker With Engine Failure Gets Anchored!
Maritime Bulletin reports of a disabled tanker anchored in Japan sea.
Laden tanker suffered engine failure in the morning of June 1 in Japan sea....
Diana Shipping Inc. Announces Time Charter Contract With Glencore
Diana Shipping Inc. announces time charter contract for m/v Crystalia with Glencore, says a press release published on their website.
About the contract
Diana Shipping Inc....
Maersk and Others Extend Their China Line Suspension!
ONE, Maersk and MSC continue suspension of China – Australia service, reports Seatrade Maritime News.
Suspension of service
Ocean Network Express (ONE), Maersk and MSC are...
[Watch] A Tesla Model 3 Drive Into a Flipped Truck on...
This video shows a Tesla Model 3 driving, without waiver or interruption, directly into a flipped-over truck on the highway.
The clip occurred in Taiwan. Some viewers...
