World’s Largest Box Ship Embarks on Its Maiden Voyage
The world’s largest container vessel HMM Algeciras, with a TEU (20-foot equivalent unit) capacity of 24,000, started its maiden voyage from the port of Qingdao in eastern China's Shandong Province on Sunday, reports Xinhuanet.
About...
Ship Owners’ Rights To Refuse To Call at a Port in COVID-19 Situation!
The plight of cruise ships, stranded off shore with sick passengers and crew has been the news in recent past. e
The current COVID-19 pandemic is having a significant effect on the shipping...
[Watch] Bulk Carrier Blackout & Engine Failure!
A Very Large Bulk Carrier got disabled after engine failure and a blackout, while leaving Jiangyin port, Yangtze river on Apr 27, reports Maritime Bulletin.
What happened?
Very Large Bulk Carrier MAX WARRIOR suffered engine failure...
COVID19 Causing Strokes and Blood Clots in Young Adults!
According to doctors, the new coronavirus appears to be causing sudden strokes in adults in their 30s and 40s who are not otherwise terribly ill reports CNN.
Hesitant to call 911?
Doctors say that these patients...
Oil Tankers Make the Most in This COVID-19 Pandemic!
Are the oil tankers stocks trading at higher prices? Certainly, not.
The best part about the oil tankers is that their stocks don't have to go up.
The dividends alone will generate so...
Asian Trading Hub Flooded With Tankers As Oil Majors Scramble for COVID19 Storage!
A sudden fall in global fuel consumption has crimped the demand.
Ships are very much used to store oil.
Presently, Singapore has become even more congested as oil-laden tankers wait in its narrow...
COVID19 Leads To Suspension of Marine Fuel Delivery!
Ocean Bunkering, the top-three-ranked Singapore bunker supplier owned by oil trading firm Hin Leong, will suspend some marine fuel deliveries from the end of this week, according to news agency Reuters.
Two sources...
COVID-19 Will Eat Into Container Fleet Recovery!
The outbreak of the coronavirus has disrupted container supply chains around the world and depressed the demand for vessels and boxes.
It will lead to a contraction in the shipping container fleet and...
Governments To Allow Seafarers’ Emergency Medical Treatment Ashore!
In violation to the provisions of MLC 2006, there have recently been several cases where seafarers were denied their legal right to medical treatment due to COVID-19 restrictions.
In this regard, maritime social...
Weekly Bulk Report – Week 17, 2020
The Baltic Briefing has released a report about the dry bulk market of the 17th week of shipping activities of this year. The report dated 24th April highlights the plight of the dry bulk...