COVID19 Physical Inspections Delay To Effect Oil Tankers Storage Capacity!

According to a Reuters report, Ship assessors are resorting to virtual inspections of oil tankers to keep vessels afloat, as the coronavirus pandemic makes...

LSFO Low Price Savings Boon for Shipowners As Trade Volumes Fall!

The low fuel pricing have lead to a mixed benefit for shipowners who had to take the LSFO switch decision due to IMO...

Elon Musk Goes Roman As X Æ A-12 Baby Name Against...

  The tech entrepreneur Elon Musk and the musician Grimes have changed the unusual and largely unpronounceable name of their firstborn child. But anyone...

World’s Largest Box Ship Crosses New Suez Canal!

World’s largest container ship “HMM Algeciras” passed through the New Suez on Monday, reports egypttoday.  World’s largest container ship  The World’s largest container ship “HMM Algeciras”...

Dwindling Global Economy Knocks Down the Escalating Freight Rates

Geopolitical tensions have now eased, leaving freight rates to feel the full effects of the weak underlying market and falling demand. Tanker shipping...

HHI Wins Suezmax Tankers Order Worth USD 130 million

Greek owner Evangelos Pistiolis ordered two scrubber-fitted suezmax tanker newbuildings at Hyundai Heavy Industries (HHI), says an article published in Shipping Herald. Scrubber-fitted suezmax tanker  Pistiolis...

Ship Managers Look for Alternatives To Resume Crew Change As Deadline...

Ship managers resort to charter flights for moving seafarers to and from ports overseas as deadline looms, reports The Hindu BusinessLine. Alternatives for resuming crew...

Boxship Suffers Cargo Fire!

COSCO container ship suffered fire in one of the cargo holds early May 25 and probably lost containers overboard, reports Maritime Bulletin. What happened? Container ship...

[Watch] Contents of Containers Thrown Overboard from Singapore-flagged Boxship Revealed

  Authorities reveal the items contained within 40 containers that fell overboard from a cargo ship during rough conditions off. This unexpected turn of...

Top Port Forced To Layoff 55 Employees!

The rising financial crisis due to coronavirus pandemic has forced the Copenhagen Malmö Port (CMP) to terminate 55 employees in Copenhagen. It was...