The UK rolled out the Oxford vaccine yesterday amidst new lockdown measures and the possible uncertainty of vaccine affectivity on a newly emerged South...

China’s crude throughput fell slightly in December due to some maintenance works toward the year-end. The average run rate of the four state-owned...

In a major development Oxford's Sir John Bell who was behind the Oxford COVID vaccine development said that African strain of the coronavirus is...

  The year 2020 was a roller-coaster ride for commodities and especially for crude oil. WTI crude prices fell into negative territory for the...

As per media reports, India has proposed a solution for stranded seafarers caught in the Chinese restrictions regarding unloading Australian coal in Chinese waters...

In darkness, a coastal service containership was leaving port under the Master’s con. There was no pilot, as the Master had a pilot exemption...

UK imposes fresh lockdown till where people cannot leave their homes till Feb These include essential medical needs, food shopping, exercise and work...

The Icelandic Coast Guard rescued the stranded containership Lagarfoss. The vessel experienced a malfunction in the main engine that left the ship adrift. Disclaimer: This...

Classification society Korean Register (KR) revises existing structural rules for membrane-type LNG carriers, says an article published in Riviera Maritime Media. About the new structural...

Midnight on 31 December marked the end of the Brexit transition period. Earlier, no customs formalities were required for freight transport from and...

According to Singapore Ministry of Health (MOH) a marine surveyor and a harbour pilot had tested positive for COVID-19 infection on 30 and 31...

Container box shippers and forwarders could be in for historically high rates and contentious contract negotiations. The negotiations are with carriers upon first...

The Chinese billionaire Jack Ma is thought to be missing. The Alibaba and Ant Group founder has not been seen publicly in more...

Oil prices are unlikely to mount much of a recovery in 2021 as a new coronavirus variant and related travel restrictions threaten already weakened...

Business Korea reported that POSCO is focusing on liquid natural gas powered vessels as global demand for these eco friendly ships is expected to...

Philippines has suspended crew change for vessels coming from 20 countries until 15 January 2021 in bid to stop the new strain of Covid-19...

A dramatic slowing of the global economy this year as a result of the coronavirus pandemic has ensured the previously predicted 20% to 40% increase...

The three-year arrangement on port tariff increases that exists between the Port of Rotterdam Authority and the relevant market parties. It is represented...

India has formally approved the emergency use of two coronavirus vaccines as it prepares for one of the world's biggest inoculation drives, reports BBC.  What...

In a major development, Moderna has posted an updated protocol for its Phase 3 study of the Moderna COVID-19 Vaccine on December 23.  The protocol...