What Exploded and Caught Fire? A Containership or A Tanker?

  Explosion followed by fire occurred on board of Nigerian cargo ship which is also a tanker, at Lome port, Togo, on May 15, reports Maritime Bulletin. What happened? Something exploded and caught fire on board of...

Floating Storage Hits Peak and Tanker Market Likely To Fall!

The seaborne crude exports are to fall over May and further cutbacks are scheduled in June. The release of tonnage from floating storage is now seen as the most influential factor in determining...

Demand for Tankers and Floating Storages Plummet Amid COVID-19

Crude oil prices regained their footing in late April. VLCC’s and suezmaxes reached $250,000 per day and $100,000 per day. It is respectively down to around $60,000 per day and $40,000 per day. ...

LNG on The Verge of Collapse, Hit As Hard As Crude Oil!

LNG is hit as hard as the crude oil industry and is on shaky ground. 20 cargoes of U.S. LNG have been cancelled by buyers in Asia and Europe. Global pandemic and the...

Airport Congestion Eases As Forwarders Use Ocean Services

Shanghai airport’s cargo backlog is slowly easing. The forwarders are still recommending shippers turn to expedited ocean freight. China’s crackdown on shoddy PPE saw aircraft flying out empty. Tighter export controls make it...

Researchers Say COVID-19 Can Enter Through Your Eyes!

COVID-19 virus can enter the body through your eyes. It enters through the eyes by combining it with the ACE2 receptor. It uses the receptor as a way to travel deeper into the...

Cybercrime and COVID-19: Interpol Asks People To Be Vigilant!

While businesses and households navigate Covid-19, cybercriminals are making the most of the disruption and finding ways of penetrating corporate defences. Cybercriminals are attacking the computer networks and businesses at a time when...

Retired Supply Ship Put Up for Display!

Retired supply ship Hongzehu has been handed over to a memorial hall and will be open to the public. First launched in 1979, the Hongzehu ship was commissioned into the Navy in 1980. ...

Shipping Company Launches Japan’s First LNG Bunkering Vessel!

Japanese shipping company Kawasaki Kisen Kaisha Ltd. launched Japan’s first LNG bunker vessel (LBV) at the Sakaide Works of Kawasaki Heavy Industries Ltd. The LBV is scheduled to be delivered at the end...

Bulk Carrier Runs Ashore!

Bulk carrier runs aground in the Parana river, writes Mikhail Voytenko for Maritime Bulletin. Mars Harmony grounded Bulk carrier Mars Harmony ran aground at 387 kilometer mark, Parana river downstream from Rosarion, at around 1000 UTC...