Marine Behaviour Data Show Signs of Shipping Recovery

Global business leaders are assessing the full impact of COVID-19 with a focus on getting the economy back on track. Keeping this in mind, IUMI has put forward the latest global vessel movement trends...

Global Oil Stocks Crash Amid Covid 19 Second Wave, Says IEA

Oil stocks which rose during the height of the pandemic are being steadily reduced, the International Energy Agency (IEA) said on Wednesday. But a second wave is slowing demand and will complicate efforts by producers to balance the market. ...

Positive Outlook from Moody’s for Global Ship Lease

Global Ship Lease mentions that its credit outlook has been improved to B3 / Positive from B3 / Stable by Moody’s Investor Services. In announcing its review, Moody’s cited the demonstrated resilience of...

Høglund & DNV GL Announce Joint Digital Initiatives

Høglund Marine Solutions (Høglund) and Veracity by DNV GL (Veracity) have signed a collaboration agreement. The parties will explore how the combined strengths of Høglund’s onboard integration and data capture capabilities. Veracity’s platform...

Viswa Group Releases White Paper on Ignition & Combustion Properties of VLSFO’s

Viswa Group, in its latest technical update has published the white paper focusing on the ignition combustion properties of VLSFOs determined using the Fuel Ignition/Combustion Analyzer (FIA -100/FCA).  Abstract  New 2020 VLSFOs  The new 2020 Very Low...

Tonnes of Oil Leak in Beaches, 8,000 Volunteers Clean Up the Oil Spill

Nine years ago, hundreds of tonnes of fuel oil and cargo washed up on our pristine Mount and Papamoa beaches. Behind the scenes, there was politics, and 8,000 volunteers who showed the world...

Shipping COVID Testing Gaps Revealed in Infected Crew Transits

In a major development, a major loophole foreign workers transiting without covid screening has come to the notice of public health experts who are not pleased with this lackluster effort in the shipping industry,...

Genting Cruise Lines To Offer 100 New Jobs!

Genting Cruise Lines is recruiting Singaporeans to work on its ship World Dream, just weeks before the commencement of a pilot scheme allowing two cruise lines to resume services with enhanced COVID-19 safety protocols,...

Hunter Group Associate With Industry Leaders for Fleet Optimization

Hunter Group has formally commenced a collaboration with Nautilus Labs, KONGSBERG, DNV GL and OSM. The association aims to boost Hunter’s focus on vessel operational excellence by achieving a greener supply chain operation. Hunter...

Ningbo Containerised Freight Index

Baltic Exchange publishes the weekly Ningbo Containerised Freight Index, compiled by the Ningbo Shipping Exchange. Weekly composite index covering 20ft, 40ft and Hi Cube box rates by Ningbo Shipping Exchange: The weekly Ningbo Containerised Freight Index...