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Strong Crude Structure Enables Release of Crude from Floating Storage
There has been a strengthening in the Middle East's Dubai crude market structure.
Several million barrels of the Middle East sour crude from...
Shipping Rates Continue To Rise Amid Port Congestion & Stronger Demand
Container shipping companies are investing in new capacity, but rates are likely to remain elevated amid the global shortage that has seen average container...
HSFO Demand Lifts Singapore’s 2021 Bunker Fuel Sales
Singapore’s bunker fuel sales in 2021 rose by 0.3pc on the year to 49.99mn t in response to strong high-sulphur fuel oil (HSFO) demand...
Northern Lights Expands Fleet with Third and Fourth LCO2 Carriers
China's Dalian Shipbuilding Industry (DSIC) has launched two new liquefied carbon dioxide (LCO2) carriers for Northern Lights, a joint venture of Shell, Equinor, and...
BARC Develops Bharat Small Modular Reacto for Commercial Deployment
India is setting the stage for a major expansion of its nuclear power capacity through the development of compact reactor technology and sweeping legal...
Terminal Operator Sues Shipping Company for Carrier Departure Damages!
Maersk told GCT that it was preemptively leaving and switching calls to its own company’s facility, the APM Terminals (APMT) site in Elizabeth,...
Transformational Technologies Take The Limelight At ABS Korea National Committee Meeting
ABS hosted its annual meeting of the Korea National Committee, bringing together maritime leaders from around the country to discuss the latest developments in...
Astounding Ways To Retire Onboard a Cruise Ship
According to an article published in Vents Magazine, one thing that many people believe is planning to retire on a cruise ship. This can...
Fire in Brazil’s Santos Port
A Chemical Container Blaze Restricts Brazil's Santos Port
On Thursday, the fire started at the container terminal in Brazil's largest port of Santos.
Nearly a dozen...
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IMO Committee on Carriage of Cargoes & Containers: What’s on the...
The 9th session of the International Maritime Organization (IMO) Sub-Committee on Carriage of Cargoes and Containers (CCC), which deals with the carriage of packaged...
Latest reviews
A Major Advancement in The Adoption of Lower-Carbon Fuel
Vale has achieved a major advance in the adoption of alternative, lower-carbon fuels for shipping. A pioneering project developed by the company resulting in...
The Revised GHG Strategy from IMO is Ambitious
GHG targets from a multilateral decision-making process come close to science-derived targets, new analysis shows, says a UMAS news source.
Challenging politics of climate change
In...
India Signs MoU With Sailors’ Society To Strengthen Maritime Welfare
India’s Directorate General of Shipping has entered into a Memorandum of Understanding (MoU) with the Sailors’ Society, a global maritime charity, to enhance welfare...
