Safe Bulkers Inks Capesize Vessel Acquisition Deal

Safe Bulkers, Inc. has entered into an agreement for the acquisition of a 2012-built, Chinese, dry-bulk, 181,000 dwt, Capesize class vessel, to be named MV Michalis H, with a scheduled delivery date within May...

East of Suez Bunker Fuel Availability Outlook

HSFO380 contamination concerns in Singapore Hong Kong demand on steady rise Sri Lanka grapples with state of emergency and curfews Bunker fuel availability Singapore HSFO380 and VLSFO availability is “super tight” in Singapore and requires 12-15...

Hike In Bunker Sales Since October

Bunker fuel sales in Singapore rose 7.7% month on month to 3.77 million mt in March, 10.2% lower year on year, according to preliminary data by the Maritime and Port Authority of Singapore April...

China’s Crude Import Rise In March

Q1 crude imports fall 8% on year Crude imports in April, May to fall March oil product exports drop 40% on year China's crude oil imports in March rose 6.2% to 10.1 million b/d...

Kongsberg To Offer A Tailored Propeller Line

Kongsberg Maritime has divided its propeller systems into three separate categories: C-Line, P-Line, and X-Line to cater to all customer requirements, reports Riviera. About the propeller line The company said this will “ensure the provision of...

When Is It Ok to Give Your Social Security Number Out?

Social Security numbers were initially developed in the 1930s to help administer government retirement and disability benefits. But over the decades, the nine-digit accounts have become nearly universal identifiers, essential for applying for a...

The Likely Winners & Losers of Global Shipping Revolution

On January 1, 2020, the International Maritime Organization (IMO) imposed new emissions standards designed to significantly curb pollution produced by the world’s ships. For some of the world’s biggest oil producers, the new...

Lidl Launches Its Own Carrier

In the latest move that sees a major shipper taking greater control of its supply chain, German discount retailer Lidl has chartered three panamax containerships. And reportedly it has bought another, as it prepares...

Deadly Side Effect Awaits the Covid Infected

But even those who had mild symptoms were still at risk. Heart failure, a long-term condition, occurs when the heart is unable to pump blood around the body properly, usually because it has...

Lidl Launches Its Own Carrier As A Move Into The Ship Operations

In the latest move that sees a major shipper taking greater control of its supply chain, German discount retailer Lidl has chartered three Panamax containerships and reportedly it has bought another, as it prepares...