Seafarers and Climate Change Highlighted During IMO’s Virtual Meeting

IMO conducted the largest virtual meeting to date.  A total of 155 participants from 78 Member States attended the meeting.  IMO discussed the challenges faced by...

COVID-19: Asian LNG Spot Prices Dwindle After a Dampened Demand!

Asian spot prices for LNG sinks as the coronavirus pandemic further dampened demand. This has prompted buyers to push back cargo deliveries. Buyers...

MPA Singapore Launches ‘TaskForce’ To Tackle COVID-19 Crisis

MPA Singapore has launched a new circular concerning operators of vessels in port. The Taskforce will make the wearing of masks mandatory for...

MARAD Alerts on the Increasing Wave of Piracy!

MARAD issued alert warning that a maritime threat had been reported in the southern Gulf of Mexico, on April 17. There has been...

Dozens of Oil Tankers Anchored Off The Californian Coast

Two dozen tankers loaded with oil are anchored off the California coast. The tankers have no place to offload the crude due to...

Containership Adrift After Engine Room Fire!

Container ship Maersk Vilnius suffered fire and was disabled in the Caribbean east of Guadeloupe, France. Offshore tug ALP Defender was contracted for...

Looking Beyond COVID19 – How Maritime Trade Should Prepare!

Singapore port is showing how you can hold it steady during a pandemic and look beyond it. Its high-end bunkering facility, digital technology...

[Answer] How To Establish A COVID19 Risk Management Plan on Ships?

As COVID19 becomes the primary concern on ships and seafarers' life, ABS has released a detailed insight on how to establish a proper COVID19...

Shippers Cancel Scrubber Installations As COVID19 Fuel Price Spread Worsens!

Platts Analytics sees spread hitting scrubber installations this year Shipping companies stalling and canceling scrubber installation plans. the narrowing price differential between HSFO...

Petrobras Overturns Production As Fuel Demand Surpasses Expectations

Petrobras has reversed production cuts due to the higher-than-expected demand for fuels. It has increased production to 2.26 million bpd. It also increased...

Cruise Companies COVID19 Ready With Their Own Face Masks!

Face masks may become a normal part of cruises, reports Fox News. Cruise Company Making Own Face Masks? A recent patent filing suggests that a prominent cruise...

Drybulk Shipping Rates Plunges Due To A Lull in Global Economy

According to an article published in Seeking Alpha and authored by Clark Schultz, the Baltic dry index is facing a plunge due to a...

Ship Owners Cut Back on New Ship Acquisitions and Investments

The demand for new ship acquisitions is diminishing. Shipowners are refraining from more investments. Owners are adopting a more cautious approach to their...

The Common Target Cell Areas of COVID19 Discovered!

Researchers find the 2 major proteins by which the novel coronavirus infects and look for their target cells. Further research reveals 3 types...

Scrubber Retrofits Continues as HSFO and VLSFO Spread Narrows

Scrubber retrofits are narrowing in HSFO discounts. The price spread between HSFO and VLSFO at Rotterdam narrowed by $8.50/mt to $46.50/mt. The spread...

Pilot Falls off Crude Oil Tanker!

Durban ship's pilot fell off a crude oil tanker while disembarking at the Durban port on Tuesday, reports TimesLive. What happened? A Transnet National Ports Authority...

Baltic Exchange Adds New OPEX Assessments for Tankers

The Baltic Exchange added quarterly assessments of the cost of operating crude oil carrying Aframax tankers and clean product carrying Medium Range (MR) tankers...

World’s Largest Box Ship Embarks on Its Maiden Voyage

    The world’s largest container vessel HMM Algeciras, with a TEU (20-foot equivalent unit) capacity of 24,000, started its maiden voyage from the port of...

Ship Owners’ Rights To Refuse To Call at a Port in...

The plight of cruise ships, stranded off shore with sick passengers and crew has been the news in recent past. e The current...

[Watch] Bulk Carrier Blackout & Engine Failure!

A Very Large Bulk Carrier got disabled after engine failure and a blackout, while leaving Jiangyin port, Yangtze river on Apr 27, reports Maritime...