Baltic Index Surges to 1 Year High Over Elevated Capesize Demand

The Baltic Index surges to over 1 year high on Friday. China's businesses being reopened surges the Iron ore demand. The Baltic Exchange’s main...

Biggest Singapore Marine Fuel Supplier Accused of Oil Heist

According to a Reuters report, the founder of one of Singapore’s biggest marine fuel suppliers has been charged for his involvement in a large-scale...

Singapore’s EMF To Expand Its Storage and Digitalize Bunker Processes

Equatorial Marine Fuel Management Services has expanded its fleet of floating storage units as limited storage capacity. EMF accounts for around 9%-10% of...

US President’s COVID Treatment Protocol Shows the ‘Effective Line of Treatment’

After a successful covid19 treatment at the hospital, the US President has now returned home but the urgency in knowing how his covid19 illness...

CDC Officially Confirms COVID19 Airborne Spread After Website Glitches

CDC's new airborne transmission guideline highlights the extent of enclosed space danger in this pandemic The virus is being spread by poor ventilation...

Perfect Storm Creates Supply Chain Misery 

Felixstowe’s vehicle booking system had caused chaos, led to carriers diverting ships. Accept bookings made via a booking template on an excel spreadsheet...

VLCC the Hot Sales Candidates

Tanker prices are dropping and bargains are proving tempting for many. Vintage VLCCs are still hot sales candidates and semi-modern ships are now...

LR Approves New 12,000 TEU Containership As Digitally Secure

Taiwanese shipping company Evergreen Marine has been awarded Digital Safe Security certification from Lloyd’s Register for its latest 12,000 TEU containership, Ever Forward. ...

Stena Group Eyes Shoreside Energy Storage With Recycled Batteries

Sweden’s Stena Group, is taking the next step in shipping electrification: the development of a new type of shoreside energy storage. It is...

Maersk Cautions Customers Over Risk of Exporting Goods

Maersk warns its customers that goods exported to Saudi Arabia from Turkey are very likely to be barred from entry. The allegations regarding...

Shell To Work Towards Net-zero Shipping With Hydrogen Fuel

Shell releases a report titled 'Decarbonizing Shipping: Setting Shell’s Course' which deals with the Shell's role in shipping decarbonisation. The report focuses on...

Orsted and Yara Team Up on ‘Green Ammonia Project’

Ørsted and Yara have joined forces in developing a pioneering project aiming at replacing fossil hydrogen with renewable hydrogen in the production of...

Singapore Names Its 1st LNG Bunkering Vessel

Singapore’s first LNG bunkering vessel was named paving way for FueLNG to be the first to provide regular ship-to-ship LNG bunkering within the...

Government Extends Tax Waiver on Export Freight

The Indian government has extended the waiver of the 5% Goods and Services Tax GST on export freight until September 2021. The waiver...

Shipowners’ Association Supports LNG Bunkering Investment

The German shipowners’ association (VDR) has pledged its support to the planned liquefied natural gas (LNG) import terminal in Brunsbüttel. The trade-body welcomes...

[Watch] Pararescue Jumpers Save Master of Vessel

Air Force pararescue jumpers and a U.S. Navy helicopter crew medevaced the 73-year-old captain of the commercial fishing vessel Lady Alice. She was at a...

Scorpio Bulkers Sells Non-scrubber Kamsarmax Vessel for $18.5m

Scorpio Bulkers announces the sale of a second kamsarmax bulker by the Emanuele Lauro led company, says an article published in Splash 247. Second vessel...

Foreign Flagged Ships Detained in the UK During August 2020

The Maritime and Coastguard Agency (MCA) announced that nine foreign flagged ships remained under detention in UK ports during July 2020 after failing port...

2020 Medicine Nobel Honors Blood Borne Hepatitis Discovery

The Nobel Prize in Medicine has been jointly awarded to Harvey J. Alter, Michael Houghton and Charles M. Rice for the discovery of Hepatitis...

Weekly Vessel Scrapping Report – Week 35, 2020

Discovering an invoice while chasing, that has been already sold for scrap. Demolition sales data from August 27 - September 2, 2020, is...