ISRO NavIC Gets IMO Maritime Safety Recognition

India became the fourth country in the world to have its independent regional navigation satellite system recognized by IMO. ISRO NavIC has been...

LNG Marine Fuel Use To Grow Despite Pandemic Downturn

The COVID-19 pandemic has not faltered the LNG-fueled fleet, reports Gasum. Drop in global LNG receipts Risavika LNG front month (Jan) has dropped by 1.6% week...

Refloated Freighter Capsized and Sank

A refloated general cargo ship capsized and sank due to water ingress, reports Maritime Bulletin.  What happened? General cargo ship JIN HUI ran aground on a...

Bulk Carrier Runs Aground

A bulk carrier ran aground in Port Preveza waters, Greece, on Dec 10, reports Maritime Bulletin.  What happened? Bulk carrier IRMA S ran aground in Port...

Spanish Owner Orders New Tug To Handle Larger Ships

Remolques Gijoneses has ordered another escort tug from a Turkish owner and builder to handle larger ships, says an article published in Riviera Maritime...

[Watch] Baltic Exchange Introduces A New Service for Ship Investors

 Leading publisher of maritime market benchmarks, the Baltic Exchange, launches a new service for shipping investors to provide a snapshot five-year view of the...

Diana Shipping Inc. Enters Into Charter Contract With NYK Line

The gross charter rate is US$15,500 per day, minus a 5% commission paid to third parties, for a period until minimum January 25,...

Imports Major Commodities in China Coming To A Level

China has almost single-handedly rescued commodity markets throughout the global coronavirus pandemic, but there are signs that its appetite for imports is levelling off,...

Call for All Inclusive Ocean Freight Rates Amidst Carrier Surcharges

The Global Shippers’ Forum (GSF) is backing India’s push for “all-inclusive” ocean freight rates, claiming carrier surcharges disproportionately impact cargo owners in developing countries,...

Pfizer Vaccine Data Breach Shows the Extent of Vaccine Cyber Threat

The European Medicines Agency (EMA) says it has been hit by a cyber-attack and documents relating to a Covid-19 vaccine have been accessed, reports...