2021 Dry & Tanker Market Analysis

The Signal Group offers an exhaustive overview of the trends in the dry bulk and tanker markets that both defined 2021, and offer a...

Billionaire’s $51m Superyacht Sinks Gas Tanker

Billionaire JR Ridinger’s $51 million superyacht, Utopia IV, rear-ended and sunk a gas tanker in the Bahamas, reports Independent. Tanker sinks!  The Utopia seems to have...

Coronavirus Aboard Cruise Ships!

Brazilian health agency Anvisa warned passengers against boarding cruise ships operating along the Brazilian coast after outbreaks of COVID-19 affecting crew and customers, reports...

Countries Update Shipping Regulations Amid Continuing COVID Pandemic

With the COVID-19 pandemic still affecting global operations, countries around the world have either updated or launched new measures that affect shipping, reports Safety4sea. Azerbaijan The...

Stormy Weather Kills Cargo Ship Bosun

Bosun of general cargo ship TIKSY died in a tragic accident on board early in the morning Dec 31, reports Maritime Bulletin. Stormy weather The ship...

Crude Oil Futures Dipped In Mid-Morning Trade

Crude oil futures dipped in mid-morning trade in Asia Dec. 31 as investors booked year-end profits after a multi-day rally. Loading volumes of...

NES Secured Contract To Upgrade Cable Lay Vessel

NES has secured a contract from ship engineering firm Peak Marine Tech to deliver battery and control systems for a CLV. The value...

Green Ships Ahoy Along Important Corridors

Shipping accounts for two to three per cent of global greenhouse gas emissions. BHP is the world's largest charterer of ships, which means...

Commercial Vessel Hijacked Off Coast

The Iran-aligned Houthi movement that controls most of northern Yemen hijacked a United Arab Emirates-flagged cargo vessel engaged in "hostile acts" but which the...

Oil Market Continues To be Highly Reactive to Developments

Despite two key benchmarks on Friday incurring losses, oil ended 2021 with a bang, posting  its biggest annual gain since 2009 and optimism for...