Covid-19 Charity Initiative By Infineum

Infineum, a specialty chemicals company, whose purpose is to create a sustainable future through innovative chemistry, announces $690,000 donated to charities all over the...

Don’t Fast Track Clinical Trials, COVID19 Vaccine Safety Test Crucial!

As efforts to find an effective vaccine for SARS-CoV-2 ramp up, an immunologist warns that fast-tracking of clinical trials could be catastrophic, reports Medical...

Diana Announces Time Charter Contract for Its Newcastlemax Dry Bulker

Diana Shipping Inc. announces time charter contract for m/v Los Angeles with Engelhart CTP, says a press release published on their website. The contract Diana Shipping...

Equinor Sets Ambitions To Help Decarbonise Shipping

Equinor in light of UN's World Ocean Day publishes maritime climate ambitions, says an article published in it's website. Equinor's ambitions Equinor announced its ambitions for...

Grounded Cargo Ship Refloated With High Tide

General cargo ship ran aground off Sasah, southwest Bintan Island, Riau Islands, Indonesia, at around 2000 LT (UTC +7) Jun 10, reports Maritime Bulletin. What...

Fully Laden Bulk Carrier Stuck With Jammed Rudder!

Chinese Panamax bulk carrier stuck with jammed rudder, Rio de la Plata, reports Maritime Bulletin. What happened? Panamax bulk carrier PHOENIX OCEAN arrived at Montevideo anchorage,...

[Watch] World’s Biggest Container Ship Completes Its Maiden Voyage

The world's largest container ship HMM Algeciras arrives in the UK for the first time completing its maiden voyage, reports BBC. Maiden voyage The world's largest...

Special Guidelines on NOx Tier III Compliance

ABS has published the ABS Advisory on NOx Tier III Compliance to provide best practice for IMO Tier III compliance for new build...

Freight Rates Go Haywire Due To Economic Instability

LR1, MR rates fall as refineries cut output LR2 commands w26-point premium to LR1 LR1 rates at their lowest level so far for...

Weekly Tanker Report – Week 24, 2020

  The Baltic Briefing has issued the tanker report for the 24th week of this year. The report dated 12th June 2020 provides a valuable...

Carriers ‘Unblank’ Sailings Due To Spike in Container Spot Rates

A massive spike in transpacific container spot rates was noticed. This encouraged ocean carriers servicing the route to ‘unblank’ more sailings to meet...

Fire Breaks Out Onboard Cargo Ship, Thousands of Cars Liquefy!

A major fire broke out on the Höegh Xiamen, an automotive cargo ship. The ship housed thousands of used cars loaded at the...

Another Asian Country Reports COVID19 Resurgence With 47 New Cases!

  Tokyo metropolitan government confirmed 47 new cases of COVID-19 infections. This report comes only a few days after Tokyo Governor allowed businesses to...

Greater LNG Use Can Worsen Shipping’s Climate Impact!

LNG as a clean alternative on the sea needs to be addressed. LNG not seen helping shipping industry meet 2050 climate goals. LNG...

Oldendorff Acquires Capesize Bulker Trio from Tata Power!

  Oldendorff signs a comprehensive package deal with Singapore-based Trust Energy Resources. The deal is for the acquisition of the following Capesize bulk carriers...

More Than 40000 Seafarers Still Stranded Due To COVID19!

More than 40,000 cruise ship workers are still stuck at sea because of concerns about the coronavirus. The U.S. Centers for Disease Control...

First LNG Newbuild of the Year Delivered!

Flex LNG is to take delivery of its first newbuild vessel for this year. Hyundai Heavy is building the LNG carrier which will...

Container Shipping To Lose $800 Million As It Passes the First...

Container lines seem to have passed the litmus test, writes Mark Szakonyi in an article published in Caixin Global What is it? The container industry have...

[Watch] Hazardous Cargo Ship Fire Sends 9 Firefighters To Hospital

A maritime  expert explains how cargo ship fires are the most deadly because of the automobiles and gasoline they carry In a rare...

EU Antitrust Body Resume the Paused HHI-DSME Merger Probe!

Hyundai Heavy-DSME merger probe is back on track in EU, says an article published in Offshore Energy.  EU's anti-trust body investigation The European Union’s anti-trust body...