Pandemic Fiasco Brings About A Spike in Vessel Operational Costs

Vessel operating costs have risen at their fastest pace in over a decade this year, on higher insurance cover premiums and COVID-19 related expenses, but are expected to moderate in subsequent years as pandemic...

Wärtsilä Selects Shell Oils For Engine Testing

Wärtsilä has partnered with Shell to use its oil for Wärtsilä engines during factory tests. Wärtsilä chose Shell because of its complete range of lubricant oils for stationary engines running on gas, heavy...

Breaking Down the Names of World’s Largest Containerships

Container ships have been in existence since several centuries and they have grown bigger and bigger with time. To understand their immense load carrying capabilities, an article in News Patrolling takes a quick look...

Measures To Banish Stocks That Do Not Comply With Audit Rules

Lawmakers next week are likely to force Chinese companies with shares traded on American exchanges to finally comply with audit-oversight rules -- or leave U.S. markets altogether, reports Morningstar. Vote underway House leaders plan to consider...

Shipowners Loss of Cargo & Demurrage Claims When Ship Held Beyond Laytime

In a recent English High Court decision K-Line Pte Ltd v Priminds Shipping (HK) Co., Ltd EWHC 2373 (Comm), the Court considers whether an owner is entitled to claim damages in addition to...

Scorpio Bulkers Announce Sale of Their Ultramax Bulk Carrier

  Scorpio Bulkers Inc., in a website, have announced the sale of their Ultramax bulk carrier, SBI Gemini. SBI Gemini Scorpio Bulkers Inc. announced that they have entered into an agreement with an unaffiliated third party to...

8 Methanol Dual-fuel Ships Ordered at Hyundai Mipo

Canada-based Waterfront Shipping Company (WFS), a wholly-owned subsidiary of Methanex Corporation, has placed an order for eight new methanol dual-fuel vessels with South Korean shipbuilder Hyundai Mipo Dockyard, reports Offshore Energy. Delivery to arrive by...

Pfizer COVID Vaccine Ready To Roll Out After Emergency Authorization

The Pfizer-BioNTech COVID-19 vaccine will be made available across the UK from next week. The U.K. government says frontline health care workers and nursing home residents will be first in line to get...

GAC Group Wins Ship Agency of the Year Award

Mani Balakhrishnan, Marketing Manager - Shipping Services - Middle East , Indian Subcontinent for GAC Group, accepted the Ship Agency of the Year award at The Maritime Standards 2020 ceremony says an article published...

SCI Owned Bulk Carrier Arrested

According to an article published in ET A vessel owned by the Shipping Corporation of India has been arrested in South Africa on the orders of a Durban court in connection with a commercial...