What is the Fuel Price Gap Per Ton in Singapore?
The price gap between high and low sulphur fuel oil has widened.
It is to just shy of $200 per ton at Singapore, the world’s largest bunkering hub.
A delta not experienced since...
Fostering Real-time Conversations in US Ports for Efficient Operations
In a recent interview on Odd Lots, a Bloomberg podcast, the White House port envoy John Porcari described the Biden administration’s approach to tackling congestion at the San Pedro Bay ports.
Communication and...
[Watch] Cargo Ship Fire Continues For The 4th Day
A fire that started on a cargo ship carrying timber off Sweden's west coast on Saturday was still raging on Tuesday, authorities said, though it had not spread to the ship itself.
Several...
Vessel Owner Pays Huge Amount As Fine For Coral Reef Damage
The owners of MV Navios Amaryllis have paid USD 10 million to the Maldives as compensation for the damage caused when the vessel ran aground Rasfari Reef.
The Panama-flagged bunker ran aground west...
The Toolkit To Bring An End To The Pandemic Is Not Being Used Properly!
The COVID-19 pandemic will not last forever. It will likely continue to fizzle and fade as it heads towards its third year, resurging with new variants and then waning in the face of vaccines,...
Shipping Orders Surge Amid Growing Demand for LNG Carriers
Both major and mid-sized shipbuilders’ orders are on the rise as demand for liquefied natural gas (LNG) carriers grow, reports Korea JoongAng Daily.
Surge in shipping orders
Korea’s three big shipbuilders — Korea Shipbuilding & Offshore...
This US State Consumes Half the Oil from the Amazon Rainforest
As oil companies carve up more of the rainforest, a new study says no place in the world uses more oil from beneath the Amazon than California, reports NBC News.
Crude oil under Yasuní Park
The...
The Eternal Bliss – Can Damages in Addition To Demurrage Be Recovered?
The recent case of K Line Pte v Priminds Shipping (HK) Co. Ltd EWHC 2373 (Comm) (The Eternal Bliss) clarifies years of uncertainty and divided opinion over a shipowner’s right to damages in...
What Should You Do After Data Breach Notice?
Few consumers take strong action to protect their privacy and identities after receiving a data breach notice, according to a report by the Identity Theft Resource Center and research firm, reports Tech News World.
About...
Crude Oil Futures Surge Amid Firm Demand Outlook
Crude oil futures started the week higher in mid-morning trade in Asia Dec. 6, with sentiment boosted by the release of Saudi Aramco's latest official selling prices that suggested the kingdom was confident in...