Fatal Crush Accident While Gantry Crane Moving A Hatch Cover

On 14 July 2020 a port stevedore on board the Gibraltar registered general cargo vessel was fatally crushed when a hatch cover was moved by the ship’s gantry crane. Incident  A port stevedore on board the...

Russian Urals Avoided, Crude Oil Prices Skyrocket

  A recent news article published in the Platts states that crude oil higher as traders avoid Russian Urals. Uptrend crude oil futures Crude oil futures continues on an uptrend in mid-morning Asian trade March 3 as...

Monjasa Stops All Business Relations With Russia

Global bunker supplier and trader Monjasa has halted all Russia-related business in response to the war in Ukraine, including stopping buying oil originating in the country. The firm stopped all business with Russia as of February 25, a...

Oil Prices Jump, Asia-Pacific Stocks Mixed

  Shares in Asia-Pacific were mixed on Thursday as U.S. stocks bounced back overnight. Oil prices, meanwhile, continued to move higher following a price surge in recent days. A recent news article published in the...

Bunker Grades Spot Prices Reach New Highs

Marine fuel 0.5%S soars March 1 to highest all-time levels across the region Other bunker grades revisit 2013-2015 values A recent news article published in the Platts states that spot prices for all bunker...

Verifying The Original Bill Carried In A Ship Is Challenging?

A recent news article published in the Gard states that One is the loneliest number – the enduring practice of the “on board bill of lading”. A fundamental premise of international trade An original bill which...

Only Spoiled Food and Medical Shipments To Russia, If This Happens

A recent news article published in the CNBC states that shipping delays may spoil food, medical shipments to Russia, Maersk says. Shipments of food and medical supplies Shipments of food and medical supplies to Russia risk...

Shipping To Be on High Alert in The NW Black Sea

NATO has issued a warning over the potential for collateral damage on civilian shipping in the north-west of the Black Sea and it also highlighted the risk of mines in this area, reports Bunker...

Internet Governing Board Won’t Cut Off Russia

The internet's primary international governing board has rejected Ukraine's request to cut Russia's connections to the rest of the world, reports NBC News. Rejection of Ukraine's request On Monday, Ukraine asked the Internet Corporation for Assigned Names and...

Steadily Ratcheted up Sanctions Alienates Russia from World Commerce

Boeing suspended maintenance and technical support for Russian airlines and U.S. energy firm Exxon Mobil said it would exit Russia, joining a growing list of Western companies spurning Moscow over its invasion of Ukraine....