Dwindling Global Economy Knocks Down the Escalating Freight Rates
Geopolitical tensions have now eased, leaving freight rates to feel the full effects of the weak underlying market and falling demand.
Tanker shipping...
HHI Wins Suezmax Tankers Order Worth USD 130 million
Greek owner Evangelos Pistiolis ordered two scrubber-fitted suezmax tanker newbuildings at Hyundai Heavy Industries (HHI), says an article published in Shipping Herald.
Scrubber-fitted suezmax tanker
Pistiolis...
Ship Managers Look for Alternatives To Resume Crew Change As Deadline...
Ship managers resort to charter flights for moving seafarers to and from ports overseas as deadline looms, reports The Hindu BusinessLine.
Alternatives for resuming crew...
Boxship Suffers Cargo Fire!
COSCO container ship suffered fire in one of the cargo holds early May 25 and probably lost containers overboard, reports Maritime Bulletin.
What happened?
Container ship...
[Watch] Contents of Containers Thrown Overboard from Singapore-flagged Boxship Revealed
Authorities reveal the items contained within 40 containers that fell overboard from a cargo ship during rough conditions off.
This unexpected turn of...
Top Port Forced To Layoff 55 Employees!
The rising financial crisis due to coronavirus pandemic has forced the Copenhagen Malmö Port (CMP) to terminate 55 employees in Copenhagen.
It was...
No COVID19 Disease Spread After 11 Days of Infection!
Coronavirus patients do not pose a threat of spreading the disease after 11 days.
Latest findings may have implications on discharge policy.
Pre-school...
Capesize Vessel Collides With Bulk Carrier!
Maritime Bulletin reports of the collision between Capesize bulk carrier (Casta Diva) with the Chinese bulk carrier (Ming Lian) off Shanghai.
Bulk carrier collision
VLOC Casta...
Bunker Supply Ship Owners in for Harder times
Bunker suppliers and ship owners can expect harder times ahead, says Robin Meech, Managing Director at Marine and Energy Consulting Limited, who spoke at...
Wallenius Wilhelmsen Puts Proactive Hull Grooming To Test
Wallenius Wilhelmsen has pilot-tested Jotun’s remotely-operated proactive hull cleaning robot onboard one of its RORO carriers.
The project team applied antifouling test patches...
Major Financial Group Set To Become a Joint Owner of H-Line...
Hahn & Co. and Hana Financial Group have agreed to buy a 100 percent stake in H-Line Shipping for 1.8 trillion won ($1.45...
Weekly Bulk Report – Week 21, 2020
The Baltic Briefing has released a report about the dry bulk market of the 21st week of shipping activities of this year. The report...
ICS, ITUC and ITF Urge UN To Persuade Governments To Act...
UN Secretary-General has been urged by global industrial and shipping leaders.
He urged them to persuade 193 member states to act urgently for...
Coronavirus Cluster Detected Onboard Berthed Freight Ship
A coronavirus cluster was detected on a freight ship.
The freight ship was berthed in the Australian west coast port of Fremantle.
Six...
Fire Erupts Onboard General Cargo Ship Docked at Port!
According to an article published in Fleetmon, a fire erupted onboard of a general cargo ship docked at Almeria Spain.
What happened?
Fire erupted on board...
Fuel Storage Plan To Control & Reduce Problems During Storage Period
Viswa lab, in its recent technical update addresses the issue with regard to storage of VLSFO fuels and changes in the sediment values during...
DSME’s Smart Ship Platform Equips A Second 24,000 TEU Containership for...
South Korean shipbuilding major Daewoo Shipbuilding & Marine Engineering (DSME) delivers HMM Copenhagen.
It is its second 24,000 TEU containership from a batch...
Bailout for Struggling Fossil Fuel Industry
Supporting renewables can cut emissions and boost the economy, all while providing cost-competitive energy.
Yet the Trump Administration continues propping up the fossil...
Weekly Tanker Report – Week 21, 2020
The Baltic Briefing has issued the tanker report for the 21st week of this year. The report dated 22nd May 2020 provides a valuable...
InterManager Crew Change League Table Recognises Industry’s Effort
InterManager launches ‘Maritime Champions League’ to recognise the crew repatriation efforts of the maritime industry during the COVID-19, says an article published in their...
