Singapore Fuel Market Down With Rising Stock and Poor Demand
Singapore fuel oil inventories increased by 3% on Aug.5 as exports suffered a near acute four-month low.
Singapore’s exports to China, a typical...
A $1.5 M IMO and Norway Deal To Support Safe Ship...
Bangladesh ship recycling industry moves ahead with the third phase of key project signed between IMO and the Government of Norway with a...
Covid 19 Hit Transatlantic and Transpacific Route Freight Rates
Transatlantic and Transpacific shipping rates display a strike contrast to each other in the present Covid 19 situation.
On one side, the freight...
Why Container Losses Occur In The Rolling Seas?
10,000 containers are lost at sea annually due to falling overboard from underway vessels.
WSC states that ships lost an average of 1,382...
8 Countries Join Hands To Launch MASSPorts Initiative
Representatives from eight countries have launched the MASSPorts initiative.
MASSPorts initiative will promote maritime autonomous surface ship development.
IMO, IALA and IAPH representatives...
Narrowing Contango Rates Force Traders To Tighten Stocks
Narrowing contango for Singapore Marine Fuel 0.5%S may compel traders to offload stocks.
Monthly contango is not wide enough to cover their storage...
Viswa Lab Highlights The Increased Importance of Lubricant Testing
Lubricant and additive companies are developing new cylinder oils.
These new additive packages will take care of the issues posed by the new...
Former Key Maersk Executive Joins Hapag-Lloyd
Hamburg-based global liner Hapag-Lloyd has appointed Anders Boenaes, a former executive of Maersk, as the company’s new senior managing director of the company, reports...
Remote Maintenance and Onboard Repairs With ‘AR Servicing!’
Bakker Sliedrecht services ships Anthony Veder remotely via augmented reality glasses.
The companies have run a successful pilot on gas tanker Coral Favia.
...
Freight Operators Urged To Look for ‘Alternate’ Brexit Ports
The UK government has issued a veiled warning in the immediate aftermath of the Brexit transition period ending on 31 December.
Immediate implementation...
Extended Blank Voyages To Surpass Pandemic Hit Transatlantic Demand
More carriers must blank voyages to avoid transatlantic rate collapse.
Shipping giants are extending the suspension of transatlantic loop to the end of...
[Watch] Emergency Declared As Stranded Bulker Spills Fuel Oil
Mauritius declared an environmental emergency on Friday over fuel oil leak from stranded Japanese bulk carrier off the country's coast, reports Kyodo News.
Danger for...
Trade War Between World’s Largest Economies Escalates
The economic war between the US and China morphs into a rapidly escalating political dispute, threatening their phase-one trade deal reached in January.
...
Fresh Onboard Covid 19 Cases Suspend Cruise Sailing
The comeback of cruising isn’t going to be as easy as some people thought.
The 535-passenger Roald Amundsen vessel belonging to cruise company...
Bulk Carrier Damaged After Contacting Pier
A bulk carrier contacted the pier while maneuvering to berth at Klaipeda port, Lithuania, on Aug 6, reports Maritime Bulletin.
What happened?
Hong Kong bulk carrier...
Container Ship Disabled After Engine Failure
A container ship suffered engine failure and was disabled on Aug 6 east of Cam Ranh, Vietnam, en route from Saigon, reports Maritime Bulletin.
What...
How An Unexpected Hazardous Cargo Ship Halt Destroyed Beirut
According to a Reuters report, the chemicals that went up in flames in Beirut’s deadliest peace-time explosion arrived in the Lebanese capital seven years...
[Watch] Famed Cruise Ships Beached for Scrapping
In what is a sure sign of the times amid the COVID-19 pandemic, the 1991-built MS Monarch has arrived at a Turkish shipbreaking...
Tanker Captain Dies in Boarding Accident
On August 5, Sandy Hook Pilot Captain Timothy M. Murray was involved in an incident while boarding a tanker vessel inbound to the...
100 Million Years Old ‘Lifeless’ Seafloor Microbes Sprang Up To Life...
Researchers have successfully revived tiny microbes trapped dormant in a seemingly lifeless zone of the seabed for more than 100 million years, reports the...
