IMB 2021 Piracy and Armed Robbery Report

The ICC International Maritime Bureau (IMB) recently released their annual report on Piracy and Armed Robbery against Ships for 2021. In 2021, there...

Is the Horse-deworming Drug Effective Against COVID-19?

Doctors at Duke want to know once and for all whether Ivermectin can actually work against COVID-19. They’re leading a national study that is...

LR2 Find Fewer Takers Despite Surging Supply Of Tankers

LR2 discount to LR1 over 20 points Smaller China export quota weakens demand Higher bunker prices erode earnings Surging supply of Long Range II,...

ABS Class Takes Delivery of ‘Ultra Sleek’ Superyacht Phi

The superyacht Phi is one of the most talked-about new vessels on the water. Built by Royal Huisman in The Netherlands to ABS class,...

Former Royal Caribbean Cruise Ship Beached for Scrapping After 50 Years

The next to last of the 1960s purpose-built cruise ships that helped to build the modern cruise industry was beached yesterday in Pakistan to...

Oil Breaks $90/bbl for the First Time Since 2014 Amid Russia...

Oil on Wednesday briefly reached $90 per barrel, the highest since 2014. It is due to increasing tensions between Russia and Ukraine. Oil on...

Swedish Ferry To Feature Wärtsilä Solutions

Three new LNG-fuelled Ro-Pax vessels being built for Swedish ferry operator Stena RoRo will feature a broad scope of Wärtsilä solutions. The ships...

Slowdowns In U.S And China Are A Worldwide Drag

Slowdowns in the world's two biggest economies -- the United States and China -- are likely to be larger than expected this year,...

Regional Nature Of Shipping’s Inclusion in the EU ETS Criticized

Trading firm Trafigura criticized the regional nature of shipping's inclusion in the EU's emissions trading system (ETS) and stressed the need for a global...

‘Yo-Yo’ Effect in Covid-19 Causes Havoc for Seafarers

  COVID uncertainty and fluctuations led to major impact in seafarer welfare; The Mission to Seafarers reiterates call for key worker status and further investment...