Petronet Buys First LNG Spot Cargo Based On Platts WIM Pricing

Petronet buys first spot LNG cargo priced off Platts WIM. This marks the first time an Indian LNG aggregator has concluded a spot...

World’s Largest LNG Container Ship Joins CMA CGM Group’s Fleet

  The largest LNG-powered container ship joins CMA CGM Group’s fleet marked by a first-of-its-kind digital naming ceremony. These vessels are packed with innovations,...

Shipping and Logistics Sector Face ‘Optimization Crisis’ Amid Pandemic

The shipping and logistics industry must find new ways to optimize processes in the midst of COVID-19 pandemic. Capacity utilization and lack of...

Hapag-Llyod Shelves Container Rates’ Spike Amid Festive Respite

Hapag-Lloyd will delay its east Asia to North America General Rate Increase (GRI) from October 1 to November 1. The proposed rate increase...

Cruise Bookings Open for the Newest Giants of the Seas!

Until the coronavirus hit, the year was shaping up to be a particularly exciting one for big-ship lovers who always want to be...

Maritime Air Pollution Conference To Explore Shipowners Fuel Experience

Riviera is organizing the MAP Europe conference which will explore vessel owner/operator experiences with their chosen compliance technologies including fuels, lubricants, additives and engines. Decarbonization...

BP Lays Off Trading Staff Amid Judicial Proceedings

BP has terminated four trading and operations staff responsible for Chinese crude oil sales as a result of an internal investigation. The improper...

China’s Largest Tanker Listed in Yangpu

Yuanhuayan tanker to become the fourth ship for International voyages in Yangpu. Yangpu authorities and Cosco to sign a cooperation agreement. China's biggest tanker...

Cracked Containership Leaks Fuel Oil

Oil sheet spotted beside the container ship in New Jersey. Ship disposed to siphon fuel from the wrecked tank on 30 Sept. YM container...

Covid 19 Impacts Shipping Orderbook To 17-year Low

Newbuilding orderbook has touched its lowest point in 17 years due to the COVID-19 pandemic.  Despite the rise in demolitions and decline...

Consort Bunkers Acquires Tankers from Xihe

Singapore’s Consort Bunkers obtains 2 product tankers from Xihe Group. Xihe and four of its subsidiaries were placed under interim judicial managers at...

How A Ship Helped in Making Fuel from Plastic Trash

In a major development, Sonoma County-based Resynergi, Inc. is turning tons of floating plastic debris salvaged from the ocean into fuel as part of...

China Issues NAT Test Requirement for COVID Crew Change

In a major development, China has announced the strengthening of measures to prevent and control the spread of covid-19 epidemic for seafarers on international...

Flurry in Cruise Ship Sales

A recent increase in cruise ship trading has been observed over the past few months. Ships from multiple brands have been brought by...

AstraZeneca COVID Vaccine Safety Report on Participant’s Illness

CNN has obtained an internal safety report by pharmaceutical giant AstraZeneca that sheds light on the neurological condition suffered by one of the participants...

Flawed Interferon Immune Response Fueling COVID19 Severity

A lack of interferon response is found to be the reason behind coronavirus severity in certain patients Nearly 14% of covid19 patients mostly...

Baltic Dry Index Rises As Capesize Rates Climb Up

The Baltic Exchange's main sea freight index rose on Wednesday, marking its second straight monthly gain. The rates for capesize vessels climbed higher...

Severe Oil Leak from Containership, Crack in Hull

A containership is leaking fuel oil at the Global Container Terminal in Bayonne. Oil containment boom, a temporary floating barrier, and absorbent pads have...

Hapag-Lloyd, First In The World To Retrofit A Container Ship To...

German vessel operator Hapag-Lloyd is converting a former UASC ship, the 15,000TEU Sajir, to operate on LNG fuel. Work on the retrofitting is...

Monjasa Records Strongest Demand Over 12 Years

Global oil and shipping group Monjasa Ltd on Monday (28 September) said while it works across niche markets like Vietnam, Thailand, and South Korea,...