IMO Virtual Meet Decides on 100% Decarbonisation After 2050

The International Chamber of Shipping (ICS) welcomes the comprehensive package of additional CO2 reduction measures for the existing global fleet. It agreed by an overwhelming number of governments from across the world after...

Eastern Pacific Inks 15-year VLEC Charter Deal

Singapore based Eastern Pacific Shipping wins dual fuelled ethane carrier deal as US-China trades rise, reports Lloyd’s List. Ethane carrier deal EASTERN Pacific, the Singapore-based shipmanagement company won a bid to build and operate four VLECs. The...

[Watch] The Next Gen Automated Vacuum Mooring Solution

Cavotec launches its next generation automated vacuum mooring solution, MoorMaster NxG, says a press release published on their website. Reduce fuel consumption Shipping companies and ports worldwide can now make every minute matter.  With a simpler and...

Containership Damaged After Contacting Kiel Canal

Container ship contacted the wall of New Northern Lock while entering the Kiel Canal, reports Maritime Bulletin. What happened? Container ship contacted the wall of New Northern Lock while entering the Kiel Canal at around...

Tanker Captain Gives It Back To Hijackers

According to a R&R Magazine report, the captain of the tanker had a "perfect response" to the suspected hijackers, who might seek asylum in the UK. What happened? “A Spanish boat put the headlights on the...

Mauritius Oil Spill Exposed Shipping’s Cyber Security Vulnerabilities

According to a Forbes report, cyber-attacks against global shipping have spiked 400% since Covid-19 lockdowns. And this was before the two high profile hacking victims in the last month alone – the world’s fourth...

China’s Pilot Reforms Plan for Improved International Shipping

  Shenzhen SEZ is completing four decades this year and the city has announced a comprehensive pilot reforms plan for 2020-2025 that will increase market access. The market access for foreign investors, introduce legal...

Oil Plunges 5.5% As Covid 19 cases Rise, U.S. Oil Stockpiles Surge

Oil hit a four-month low in London alongside a broader market selloff. Swelling U.S. crude stockpiles adds to concerns that a fresh surge in covid 19 cases may derail the global economic recovery. ...

COVID19 Can Make Your Immune System Attack Its Own Cells

Researchers identify autoimmune response in some covid patients This autoantibody attacks the immune system. It might play a role in covid severity although they can't be generated by vaccinations. This vindicates why autoimmune...

Weekly Bulk Report – Week 43, 2020

The Baltic Briefing has released a report about the dry bulk market for the 43rd week of shipping activities of this year. The report dated 23rd October highlights the plight of the dry bulk...