Keel Laid for World’s Largest LNG Bunkering Vessel
Keel-laying ceremony for the second LNG bunkering vessel has been initiated.
The second LNG bunkering vessel is owned by MOL and chartered by...
Tanker Freight Rates Tumble Due To Unwinding Floating Storage
Diamond S currently owns 66 ships across both the crude and product tanker segments.
It comprises of 15 Suezmaxes, one Aframax, and 50...
10 Times More Infectious COVID19 Strain Detected
Southeast Asia is facing a strain of the new coronavirus.
The strain, earlier seen in other parts of the world is called D614G.
...
First LNG Bunkering Carried Out at ‘Major Industrial’ Port
First LNG ship-to-ship bunkering operation at the port of Emden was performed for Volkswagen’s Siem Confucius.
Approximately 1,500 metric tonnes of LNG was...
Ship Owners To Meet a ‘Shaky’ Tanker Market Until the End...
Tanker market expected to be weaker until the end of 2020.
Crude tanker spot rates remained firm during the second quarter of 2020,...
Supply Chains Under Scrutiny for Sustainable Packaging & Carbon Footprint
According to 2020 Biopharma Cold Chain Logistics Sustainability Survey, published by protective packaging specialist Pelican BioThermal, supply chain providers are coming under closer scrutiny...
Weekly Bulk Report – Week 33, 2020
The Baltic Briefing has released a report about the dry bulk market of the 33rd week of shipping activities of this year. The report...
How To Measure COVID19 Risks in Public Places- Classroom, Commute &...
The pandemic has taken a toll on normal life and people are craving to go back to their regular activities.
However, going back...
What’s It Like Getting the COVID19 in Flu Season?
As the flu season approaches in fall researchers are getting nervous about the pandemic and flu virus correlation.
Although having one virus makes...
Fujairah Fuel Oil Stocks Dip To 15-Week Low
Fujairah fuel oil stocks drop to 15-week low.
Heavy distillate and residue inventories at the port dropped by 2.7% to 13.795 million barrels.
...
Green Ammonia To Power 30% Global Fleet by 2050
Renewable ammonia could eventually power 30% of the global maritime fleet.
Green ammonia would have a cost similar to today’s compliant oil-based bunkers.
...
Supramax Demand Surge Push Baltic Index To 4-Week High
Baltic index at 4-week high on higher supramax demand.
The capesize index eased 2 points, or 0.1%, to 2,400.
The panamax index slipped...
Global Shipping Operations Struggle To Resume With Intermittent Restrictions
Normal trade operations struggle to resume with the coronavirus-induced restrictions.
Regular crew change process now turned a lengthy, complicated and a costlier process.
...
Hapag-Lloyd Reports A Net Profit of $287m for Q2
Undeterred by the pandemic Hapag-Lloyd records a net profit of $287m in the second quarter of the year in contrast to the $56m...
Improper Starboard Side Lookout Cause Collision [Part 2]
Japan P & I Club released a P & I Loss Prevention Bulletin, volume number 40 in September 2017. The prevention bulletin deals with...
HMM St. Petersburg The World’s Largest Container Ship Arrives Soon
HMM St. Petersburg is the last 24,000 TEU vessel of 12 super-large ships built as part of South Korea’s five-year plan to rebuild...
China Fighting Its Way To a Stable Economy After Covid 19
China gets back at a faster pace with its economy building up quite impressively.
The industrial output rises by 4.8% in the month...
Leading Bunker Broker To Spearhead LQM’s Expansion
Martin Bird has joined LQM as a client services executive and support LQM's offices globally.
He has helped the credit risk team to...
Yang Ming Witnesses Profit Despite Reduction in Container Liftings
Yang Ming contributed a profit of $18.6m despite a 15% reduction in container liftings.
The profitability was thwarted by a $21m loss in...
2 Light Vessels Sink At Sea, Crew Rescued Alive
According to an article published in Maritime Bulletin, two ships sank off Bangladesh waters.
What happened?
On August 15, two lighter ships sank in Cre waters...