Global Bunker Demand To Drop Significantly Due To COVID-19, Says IBIA

In effect of COVID-19, global bunker fuel to fall in 2020 with range forecasts between -7% to -17%. Singapore bunker fuel sales, when...

Cargo Ship Burst Into Flames, 1 Dead, 4 Missing

A crew member aboard KM Yuliner was killed while four others were missing when the cargo ship burst into flames off the coast of...

Containership Charter Market Witnesses A ‘Tumultuous’ Year

Containership time-charter markets have, with few exceptions, experienced a rollercoaster ride since the start of 2020. Starting with where the recovery has been...

Shipping Giant To Cut Jobs in Major Reorganisation

Shipping group Maersk will cut jobs as part of a major reorganisation, an internal e-mail sent to Maersk employees shows. The reorganisation will...

Buy Your Own ‘Carnival Cruise’ for A Few Millions!

Ship auctioneer CW Kellock & Co. is listing one of Carnival Cruise Line's earliest vessels, the Holiday, next month. The former Carnival vessel...

BIMCO Develops ‘Refund Guarantee’ To Tackle Legal Uncertainties

BIMCO is developing a standard refund guarantee for shipbuilding contracts, including the SAJ and Chinese forms. The refund guarantee aims to provide an...

Oil Refiners Close Plants Over Lost Demand Worries

Oil refiners shut plants as demand losses may never return. The pandemic initially cut global fuel demand 30% and refiners temporarily idled plants. ...

UN Biodiversity Report Shows How the World Fails Nature Targets

In 2010, leaders from 196 countries gathered in Japan and agreed on a list of goals designed to save the Earth and target was 10...

COVID19 Pushing Containershipping Future To E-commerce

With global companies going for e-commerce in a pandemic hit world, the shipping industry is suddenly finding favor with an upsurge of investments. One...

Crew Birthday Bash Leads To the ‘Mauritius Oil Spill’ Reveals Investigation

A Japanese ship that ran aground on a coral reef off Mauritius may have changed course to get a mobile data signal for...

[FAQ] Enviro Protection Notations for Vessels

Environmental Notations for ships are extremely important to make shippers follow environmental regulations. Keeping that in mind, the ABS group has published an environment...

Why Young People Are Prone To Flu Deaths?

Often we think of frail, elderly people as being vulnerable to the deadly complications of the flu. While that's true, perfectly healthy children, teens,...

Masks Making People Immune To COVID19, Says Study

In a major development, researchers have found out that people who contract coronavirus might not become as sick if they wear masks, that is,...

Study on CO2 Footprint To Help IMO Address Ship Emissions

The CO2-emissions associated using an Exhaust Gas Cleaning System (EGCS, or scrubber) vary between 1.5% and 3% for a number of representative ships. ...

Organisations To Collaborate On Improved Container Safety Guidance

Global groups to collaborate on container safety improvements. Collaboration aims to promote awareness and wider use of the CTU Code. Changes in regulatory...

Mechanical Failure Disables Cargo Ship

General cargo ship suffered mechanical failure in southern Bosphorus in the Kurucesme, during northbound transit, reports Maritime Bulletin.  What happened? General cargo ship I SENGUL suffered...

[Watch] IBM & ProMare Launch AI Marine Vessel

Launch of an artificial intelligence and solar-powered marine research vessel by ProMare and IBM. The vessel is named as Mayflower Autonomous Ship (MAS). ...

Reuters Launches Global Covid 19 Tracker for 240 Countries

Reuters launches a new global initiative to track the state of the pandemic worldwide. It features the latest global data and trends along...

Vessels Collide With People On Board

A Japanese training vessel collides with a fishing vessel. Nearly 73 people including 50 students onboard the training vessel. Hull crack on fishing...

US Terminates Shipping Tax Treaty With Hong Kong

  US Department of State Terminates Shipping Tax Treaty with Hong Kong. Section 883 exemption implied wherein a non-US entity treated as a corporation...