Ocean Yield Announces Sale of Handysize Bulker

Norwegian owner Ocean Yield has announced the sale of its 2018-built 39,800 dwt handy bulker, reports Splash247. Vessel under long term charter  The vessel, La Loirais, has been employed on a long-term charter to Louis Dreyfus...

Upcoming Regulation Updates in Relation To Ship Recycling

A Standard Club article provides an overview of some of the important international regulations that will enter into force in end-2020 and 2021, including the European Union (EU) requirement in relation to ship recycling. Coronavirus...

MOL ‘Stands Tall’ in the World’s Most Valuable Fleet of LNG Carriers

An article in Riviera Maritime Media breaks down the 'Top five LNG carrier owners.' Mitsui OSK Lines Japan’s Mitsui OSK Lines (MOL) has the world’s most valuable fleet of LNG carriers, worth close to US$6Bn, according...

Rising Piracy Amid Pandemic Cause Great Concern for Sailors

Amidst the rising incidents of piracy among the world suffering from the global pandemic, the sea transport organization MUI said that it is a major cause of concern for more than two lakh Indian...

Bocomm Leasing Signs $600m Contract for Boxship Quartet

Chinese leasing house Bank of Communications Financial Leasing (Bocomm Leasing) has entered into shipbuilding contracts with CSSC-affiliated China Shipbuilding Trading, Jiangnan Shipyard and Hudong Zhonghua Shipbuilding for the construction of four 24,000 teu mega...

Blue Ammonia Value Chain Joint Feasibility Study

  Japanese firms study the possibility of producing and shipping blue ammonia produced in Russia, reports Argus Media. Blue ammonia production Backed by state-owned energy agency Jogmec, Japanese firms plan to study the possibility of producing and...

Is The Oxford Vaccine Effective Against The New Strain?

While the world is battling a new strain of coronavirus, experts have now turned their attention to making sure the existing vaccines work against the new variant too, reports Wion News. The Oxford Vaccine Considering the...

2021 Oil Export Quotas Set

The Chinese government has issued its first batch of oil products export quotas for 2021, to six state-controlled firms — PetroChina, Sinopec, CNOOC, Sinochem, CNAF and Norinco's 120,000 b/d Huajin refinery, as well as...

[Watch] Second Phase Cutting of Golden Ray

During Christmas, salvors started the second cut on the hull of the grounded Golden Ray, says an article published in Safety4Sea. The ship will be cut into eight sections; the first one took place on November...

China’s LNG Import Surge Despite High Prices

  China imported 6.61 million mt of LNG in November, up 31.6% month on month and 1.6% higher year on year on rising domestic demand despite higher prices, according to data released Dec. 26 by...