Oil Tankers Favouring Cape of Good Hope Route To Cut Costs
Supertanker New Vigorous arrived at a port in northern France Cape of Good Hope.
The journey takes almost twice the time as the...
Oil Industry on The Rebound! Experts Assure The Worst Is Over
Oil inventories continue to rise despite facing historical lows.
It will be a while before oil prices could post any palpable improvement.
Brent...
Cyprus Unveils Measures To Facilitate Crew Changes Amid COVID-19
Cyprus adopted a formal process to facilitate crew changes in the COVID-19 pandemic.
Seafarers arriving by plane to Cyprus will be subject to...
What Are The Unexpected Consequence of Wearing Masks?
Masks have gone from optional to mandatory in many states.
People are wearing masks everywhere without observing the six feet.
Masks are essential...
Fixing and Failing: A “Prevailing Feature” of Volatile Tanker Market
Rising oil prices, which make floating storage less attractive, is a negative for tanker demand.
Investors might not be getting the right numbers...
Containership Broke Into Two!
Container ship Shahraz and bulk carrier Samudra Sakti I ran aground in Singapore Strait south of St John Island at around 1900 UTC May...
Bulk Carrier Master Dies!
Master of Indonesia flagged bulk carrier Aurora Christine died at Cilacap.
He died from some kind of stroke or attack, and not from...
VLSFO Premium Easing in Singapore!
The premium for Very Low Sulfur Fuel Oil (VLSFO) delivered in Singapore easing in Singapore, reports Ship&Bunker.
VLSFO Margins Easing
According to Platts reports, the premium...
Tanker Owners Delay Scrubber Installations As Floating Storage Demand Increases!
Following DHT and Scorpio, a third tanker operator International Seaways is postponing scrubber installations, writes Malcolm Latarche for an article published in ShipInsight.
Align with...
Insurers Advocate Elastic Premium Policy As COVID19 Effects Loss Prevention!
According to an article published in Business Insurance, Experts are of the opinion that COVID19 lockdown, border restrictions, and supply chain disruptions has heightened...
How Seafarers Can Get Their Due Compensation After An Accident?
A Seafarer's life is always full of hurdles. As they work long months away from home and family much life is at stake specially...
COVID19 To Take A Toll on Global Fleet Growth As Scrapping...
According to a Lloyd's List article written by Adam Sharpe, floating storage was at record high last week as tanker rates slide while port...
WHO Launching Unique COVID19 Contact Tracing App!
WHO is launching a virtual handshake contact tracing app by this month.
World's top engineers including that of Google and Alphabet are working...
[Watch] Container Ship-Bulk Carrier Grounded While Avoiding A Collision!
A Container ship and a bulk carrier runs aground in Singapore Strait south of St John Island at around 1900 UTC May 10, trying...
Singapore-flagged Vessel Grounded Due To Human Error!
Singapore-flagged vessel carrying 30,000 metric tons of white sugar grounded in Belitung, reports AntaraNews.com.
What happened?
Port authorities suspect human error to be the cause for...
[Watch] Experiment Shows How Germs Spread On Cruises!
I want to see this same experiment but with nagashi-somen https://t.co/hptfwUwfzi
— Spoon & Tamago (@Johnny_suputama) May 8, 2020
NHK experiment showed in a video, how...
The Top 10 Shipping Container Companies in The U.S!
The top shipping containers companies in the USA are based on the information from Alphaliner.
It is based on the record of the...
Plunge in Oil Price Forces LNG Production Cut!
Oil is not the only fossil fuel that suffered a steep price fall due to virus-containment measures.
LNG has also plunged, dragging Asia's...
Wood Chips Carrier Re-floated After Unprecedented Grounding!
A wood chips carrier runs aground at night, May 9 in Corral Bay, Chile.
The carrier SURABAYA EXPRESS was refloated with tug assistance...
Hess Deepens Spending Cuts and Lowers Budget By 37% Due To...
Hess reduced its budget to $1.9 billion, down 37% from the company's original $3 billion budget.
Net Bakken production to average 175,000 barrels...
