Experts Call Divergence Between Crude and Product Tanker Markets

Euronav and Scorpio calls highlight divergence between crude and product tanker markets, reports Freight Waves. A big seasonal boost Speaking on Thursday’s call with analysts, De...

Oil Demand Slump Reverses Amid COVID Second Lockdowns

The coronavirus outbreak is threatening to put an already stalling recovery in oil demand into reverse. The world’s failure to deal effectively with...

14 Crew Abducted from Heavy Lift Vessel

A Chinese heavy lift ship was attacked and 14 crew kidnapped in Gulf of Guinea, reports Maritime Bulletin. Cargo ship attacked Cargo ship was attacked at...

Officials Detect Coronavirus on Frozen Shrimp Packaging

The Lanzhou Municipal Health Commission had found one positive sample on the inner packaging of imported frozen shrimp from Saudi Arabia. The positive...

COVID Vaccine & Biden – Mix Bag of Effects for Shipping

The stock market soared on Monday in the wake of President-elect Joe Biden’s victory and Pfizer’s vaccine announcement. Both news bombshells will affect ocean...

[Infographic] Pfizer To Ship 5000 COVID Vaccine Doses Per Container

Pfizer goes solo on U.S. shot distribution, opting out of government channels, reports Freight Waves. Pfizer Inc. will manage distribution of its COVID-19 vaccine on...

Can Biden’s Presidency Lead To Ease On The Australian Coal Ban?

  US president-elect Joe Biden's election victory could indirectly ease Australian coal suppliers' access to China by dampening geopolitical tensions, although this is unlikely to...

US Presidential Results To Reduce China Trade Tensions

Joe Biden will be the next U.S. president but for the $6.6 trillion-a-day currency trading world, the undisputed victor is China's yuan. As...

Bunker Sales in Singapore Steady Despite Tough Market

Singapore's bunker sales are expected to remain steady to slightly higher throughout 2020 on a year-on-year basis. This is despite expectations of dwindling...

Laden Cargo Ship Stuck in Port Since June

India’s merchant ship remains stuck at China’s northern ‘Jingtank’ port since June, reports TheHitavada.  What is the reason? Indian Merchant ship ‘Jag Anand’, belonging to a...