Gibraltar Bunker Declines by 14.7% !

A data from the British overseas territory, the number of vessels calling at Gibraltar for bunker fuel decreased by 17%. The Number dropped...

Digital Yuan Becomes The ‘Game-Changer’ After COVID-19 Economy Hit!

New digital yuan is a ‘game-changer’ for the world’s second biggest economy, according to experts. As contactless payments become the norm amid the...

Doctors Baffled As Covid-19 Attacks Anywhere on The Body!

Coronavirus has affected a lot of people irrespective of age and created unimaginable damage. It affects people causing various kinds of serious damages...

Cargo Vessel Collects Plastic in the Pacific Garbage Patch

Kwai, the 140-foot sailing vessel, sailed from the Hawaiian port of Hilo heading towards the Great Pacific Garbage Patch. The crew collected more...

OPEC Nations Turning To IMF for Emergency Loans

OPEC cartel leader Saudi Arabia is cutting subsidies and raising taxes. Resource-rich nations turned to IMF as oil prices hover just north of...

VLCC Oil Terminal Unveiled for International Trade

Huangzeshan oil transfer terminal in Zhejiang province has officially opened. It opened for international trade with the berthing of an oil tanker. It...

Refineries Loom Over With Record Oil Product Exports

Chinese refineries are battling weak profit margins from the slump in fuel demand. It is caused by lockdowns aimed at containing the coronavirus...

Cryptocurrency Approved As Payment for Container Shipping!

45HC.COM will accept the CXO token as payment for its cargo shipping services. CXO token is the currency that is used as payment...

OPEC+ Cuts Down Crude Oil Production by 9.7Million BPD

OPEC+ is on the way to trimming 9.7 million barrels of daily crude output. Oil prices have recovered by 60% in the past...

Digital Twins Help Predict Ship’s Structural Performance, Says DNV GL

According to DNV GL principal specialist Gaute Storhaug, Digital twins can help owners, operators and class societies predict the structural performance of ships, says...

Seaspan Opts for Alfa Laval Integrated Steam Solution for Low Sulphur...

Seaspan Ship Management opts for Alfa Laval Aalborg integrated steam solution to support low sulphur compliant fuel usage, says an article published in Seatrade...

13 Cyber Security Challenges and Threats Ports Face

The European Union Agency of Cyber Security's report on smart ports and technology, presents the pros and cons of technology in the shipping industry...

[Watch] #Weathering The Storm Campaign Salutes Seafarers!

In light of these challeging times and difficulties the seafarers are facing, the American P&I Club and Eagle Ocean Marine honor the seafarers...

Oil Giant Puts Back Few Floater Projects!

Petrobras admits some floater projects off Brazil may be postponed, writes Fabio Palmigiani for Upstream. Floating production storage Brazilian oil giant Petrobas has 13 FPSOs...

Wilhelmsen Reports First Quarter 2020 Results

Good operational performance overtaken by significant fall in financial asset values. This has resulted in a USD 284 million net loss for the...

AMP Halts Anchorage Tariff for Panama Flagged Vessels!

AMP suspends anchorage fees for 90 days to Panama-flagged vessels above 500g and to foreign-flagged vessels for 60 days. Charges will be applied...

[Answer] How To Establish A COVID19 Safety Control Measure Onboard...

As COVID19 continue effect world trade and how businesses function, ships and crews are in jeopardy on ways to tackle the situation. To help...

All the Details on How COVID19 Vaccines Are Being Developed!

Bill Gates had made a  comprehensive list of all the advances made by medical science in finding a vaccine for coronavirus. The article published...

Hapag-Lloyd Maintains 2020 EBITDA Despite COVID-19 Demand Fluctuations!

Hapag-Lloyd maintains its 2020 EBITDA guidance of €1.7bn-2.2bn, despite unpredictable fluctuations in demand, reports The LoadStar. First-quarter EBITDA Hapag-Lloyd announced that it was maintaining its...

[Watch] Top 5 Ship Management Leaders Join To Handle The Current...

  Ocean Technologies Group creates a forum on the name CEO Leader Series for discussion to overcome this COVID-19 pandemic. Top 5 Maritime names...