Top Bunkering Hubs Show Buoyancy Amid Coronavirus Pandemic!
Bunker demand at the top bunkering hubs appears to be holding up so far this year despite the COVID-19 pandemic.
For the first...
Is LNG The Most Sought Out Fuel?
Supporters of LNG as a marine fuel contend, it offers immediate environmental benefits and a clear path to decarbonisation.
On the other hand,...
Global Oil Industry Starts COVID19 Recovery!
Sales at fuel stations, and pipeline flow all suggest that the slump in oil demand is recovering.
Oil traders believe it will take...
Why Petrol & Diesel Prices Remain The Same Despite Crude...
Crude oil trends and prices experience bouts of volatility as storage fills across the world.
The historic rout in oil markets sent the...
STS LNG Bunkering To Develop Cleaner Marine Fuel Industry
LNG Marine Fuel Institute (LNG MFI) says that the issue of ship-to-ship LNG bunkering licences to Woodside Energy is a major win for...
Stenabulk and GoodFuels Completes Trial of BioFuel Oil
The MR tanker belonging to Stenabulk has received the first delivery of BioFuel oil.
The fuel reduces greenhouse gas emissions by 83% and...
Are COVID-19 Survivors Prone To Long-term Health Problems?
Patients hospitalized with severe COVID-19 might experience lingering effects.
Older adults are at the greatest risk of both severe disease and long-term impairment.
...
Mega Ships in Trouble Due To Lockdowns and Poor Demand!
The present scenario gives the ship owners only a little flexibility to shift vessels around in response to changing markets.
This crisis will...
Crew Changeovers Needed at Utmost Urgency, Says IMO!
The need for crew changeovers to take place is of the utmost urgency, IMO Secretary-General Kitack Lim and shipping industry representatives agreed.
This...
Offshore Cargo Vessel Causes Unprecedented Logjam!
It usually takes just half a day to unload a massive cargo ship of its cars, but since demand is way down, a...
COVID19 Economic Collapse Staring at Oil Producing Nations!
According to an article published in Oilprice.com, a global upheaval is likely to result from the oil price crash, upending the current fragile balance...
USPS Ships Mail by Ocean Carriers Due To COVID-19 Airfreight Crunch
USPS is shipping mail and parcels to ten European countries via ocean freight.
This is due to widespread flight cancellations and restrictions due...
101 Year Old Woman Born During the Spanish Flu Survives COVID19!
In an unprecedented turn of events, a 101-year-old woman has recovered from the coronavirus. She has defeated 2 pandemics now - the spanish flu...
Increasing Number of VLOCs Phased Out Due To ‘No Operations’
The once attractive VLOCs are phased out due to safety concerns.
43% of the VLOC fleet has been sent to the scrapyards.
18%...
[Answer] How To Deal With Ship Visitors in Times of COVID19?
Safety and security are of utmost appearance in the time of a pandemic where every physical contact can lead to a potential danger of...
Judge Orders Shipper To Deposit $108 Million To Secure Ship’s...
London High Court ordered two defendants to deposit US$76 million.
The deposit has to be deposited into a Singapore court to free the...
A Profitable Deal Inked Behind The Sale of a 2010-Built MR...
Italian shipping company d’Amico International Shipping S.A. (DIS) joins hands with Swiss commodity trader Glencore Group to sell a medium range (MR) tanker.
...
Container Market Obtains Respite After a Disastrous Second-quarter
If infections slow, consumers will tentatively get back to their consumption in the second half.
This will boost container volumes and would climb...
Track Spot Rates To Take Advantage of COVID19 Demand-Supply
Despite lower volumes being fixed in the spot market, it is key to tracking developments in the container shipping market, as it quickly responds...
Britain Emerge As New COVID-19 Epicentre With More Than 29000 Deaths!
Britain became the first European country to surpass Italy as the news epicenter.
The country is under lockdown and affected are monitored by...