Tanker Crew Abducted Offshore Benin

Liberian-flagged tanker, Alpine Penelope, owned and managed by Greece’s Oceangold Tankers, was attacked offshore Benin. Two armed men were found on-board and 10...

Losses Piling For Shipping Industry Due To Coronavirus Outbreak

Coronavirus has resulted in unprecedented measures and declines in rates across all shipping segments. Due to shutdown, commodity demand has slumped with  many...

WMM 2020: Earth’s Magnetic Poles Headed for a Polarity Flip

World Magnetic Model 2020 highlighted the pole rapidly speeding in the direction of Siberia. Earth’s magnetic north pole is moving at unprecedented speeds. ...

How Panama Canal Became an Engineering Marvel?

Construction on the Panama Canal began in the early 1900s and was brutal and slow. More than 22,000 men died during construction, many...

Bulk Carrier Quarantined in Over Coronavirus Scare!

Two coronavirus suspect crew kept isolated on board.  The ship had visited various Chinese ports during the last few days and has completed...

IMO To Amend Existing Routeing System To Mitigate Accidents

IMO plans change the routeing system to mitigate accidents, loss of life and pollution. An additional two-way route in the Great Barrier Reef...

Chinese LPG Demand To Drop by 3%

Coronavirus may drop Chinese LPG demand by 3% The drop is likely to cut in the LPG shipments, thus affecting the freight rates. ...

Foreign Flagged Ships Detained in the UK During January 2020

The Maritime and Coastguard Agency (MCA) announced today that six foreign flagged ships remained under detention in UK ports during January 2020 after failing...

Fueltrax Gets Certified by Verifavia

Verifavia Shipping has certified FUELTRAX, against theEU’s Monitoring Reporting and Verification regulation requirements and IMO Data Collection System.  FUELNET provides self-contained, smart monitoring...

New Build Chemical Tanker Wins the ‘Tanker Ship of the Year’...

Bow Orion, Odfjell’s new build chemical tanker recognized with the ‘Tanker Ship of the Year Award’. The award recognizes a tanker delivered over...