‘Ever Ace’- World’s Largest 24000TEU Container Ship Made its Maiden Voyage

world's largest 24,000TEU container ship makes its maiden voyage 'Ever Ace' is the first of a series of 12 container ships ordered by Evergreen in China and South Korean shipyards The world's largest 24000TEU...

Oil Market Plunge 7% For The Week Due To Covid Surge

Despite a steady stream of data and analytical arguments to the contrary, crude traders on Friday were fully consumed by the notion that the spread of the Covid variant will derail global demand...

Container Shipping Rates Hits Record Exceeding $20,000

container shipping rates from China to the United States have scaled fresh highs above $20,000 per 40-foot box the acceleration in Delta-variant Covid-19 outbreaks in several counties has slowed global container turnaround rates Container...

Korea Shipbuilding Bags W659b Order For US Offshore Plant

Korea Shipbuilding bags W659b order for US offshore plant KSOE to undertake the first phase of construction for an offshore crude oil storage facility under the deal KSOE is a sub-holding company in charge...

Containerships To Spew On US West Coast & Bellingham Bay

Glut of container ships are expected to keep arriving on the West Coast and Bellingham Bay. Bellingham Bay has seen its share of ships this summer that are waiting to go into the...

Scientists are Watching New Coronavirus Variants

beyond Delta, scientists are watching new coronavirus variants a large pool of unvaccinated people give the virus more opportunity to spread and mutate into new variants The continued spread of the SARS-CoV-2 virus has...

This Global Pandemic Push Economies Into A Catastrophe

The second deadly wave of Corona has posed serious challenges of employment and migration of laborers in the industrial and economic states of the country.  The worrying scenario of increasing corona infection, which...

Digital Maritime Training Proposed To Combat Seafarer Shortage

Ship managers and operators who are facing a potential seafarer shortage because of Covid-19 can increase their talent pipeline by outsourcing digital maritime training to a specialist, reports Ship Management International. Maritime training amid crew...

VARD Bags $118m Deal for CSOV Pair

Rem Offshore and VARD signed contracts for the design and construction of construction service operations vessels (CSOV). Two CSOVs with an option for two additional vessels were ordered by Rem Offshore with VARD. ...

Cargo Ship Sinking

General cargo ship reported flooded engine room in the Caribbean, reports Maritime Bulletin. What happened? General cargo ship reported flooded engine room on Aug 7 in the Caribbean some 130 nm NW of Barranquilla, Colombia, while...