KR Revises Structural Rules for LNG Carriers

Classification society Korean Register (KR) revises existing structural rules for membrane-type LNG carriers, says an article published in Riviera Maritime Media. About the new structural...

Port of Rotterdam Prepares for the Brexit change

Midnight on 31 December marked the end of the Brexit transition period. Earlier, no customs formalities were required for freight transport from and...

MPA Singapore Tightens Covid-19 Testing Rules After Recent Cases

According to Singapore Ministry of Health (MOH) a marine surveyor and a harbour pilot had tested positive for COVID-19 infection on 30 and 31...

Spike in Spot Rates, Shippers Begin Early Negotiations in 2021

Container box shippers and forwarders could be in for historically high rates and contentious contract negotiations. The negotiations are with carriers upon first...

Billionaire Jack Ma Disappears Post China’s Crackdown of Alibaba

The Chinese billionaire Jack Ma is thought to be missing. The Alibaba and Ant Group founder has not been seen publicly in more...

Oil Outlook Hit Amid COVID-related Fuel Demand

Oil prices are unlikely to mount much of a recovery in 2021 as a new coronavirus variant and related travel restrictions threaten already weakened...

POSCO To Expand Steel Supply for LNG Fueled Vessels

Business Korea reported that POSCO is focusing on liquid natural gas powered vessels as global demand for these eco friendly ships is expected to...

Temporary Crew Change Ban To Contain ‘New Strain’

Philippines has suspended crew change for vessels coming from 20 countries until 15 January 2021 in bid to stop the new strain of Covid-19...

Comparison of Bunker Prices HSFO vs VLFSO

A dramatic slowing of the global economy this year as a result of the coronavirus pandemic has ensured the previously predicted 20% to 40% increase...

Top Port Extends the 3 Year Tariff Arrangement by 1 Year

The three-year arrangement on port tariff increases that exists between the Port of Rotterdam Authority and the relevant market parties. It is represented...