Wan Hai Lines announces acquisition of the 2010-built 4,178 teu boxship Toucan Hunter from Belgian owner Delphis, says an article published in Splash 247. Sale value The vessel was sold for a price of $21m, significantly...

An aircrew aboard successfully hoisted a 65-year-old woman from a large container ship in the Straits who was experiencing a medical emergency. She was then transferred to a hospital in Port Angeles.Disclaimer: This video...

The pandemic has shown up the weakness of current container freight contracts that offer no compensation for rollovers or no shows. Carriers are now seeking more certainty over volumes, reports Lloyd's List. Stability and commitment As...

With long-term rates on the rise, bonds, technology/growth stocks, and even precious metals have been under pressure. Last week saw a relatively significant increase in volatility across the financial markets, causing many investors to...

It has been a particularly strange Q1 for dry bulk shipping. Usually, the larger ships — Capesizes with capacities of around 180,000 deadweight tons (DWT) that carry iron ore and coal — do poorly...

The Covid-19 crisis in 2020 triggered the largest annual drop in global energy-related carbon dioxide emissions since the Second World War, according to IEA data released today, but the overall decline of about 6%...

Israeli-owned cargo ship that suffered a mysterious explosion last week left Dubai's port and was transiting the Gulf of Oman, reports LiveMint. Sailing towards Arabian Sea The giant Bahamian-flagged roll-on, roll-off vehicle cargo ship, was sailing...

Baltic Exchange adds new LNG powered seaborne gas assessments, reports Market Screener. Indices for LNG seaborne trade  A new set of independent indices for the Liquified Natural Gas (LNG) seaborne trade went live this week (2...

Sinopec Fuel Oil Lanka Limited (SFOL), a unit of China’s Sinopec group located in Hambantota port, is making Sri Lanka’s ship bunkering more competitive by re-supplying domestic operators with lower cost bunkers, officials said.Lanka...

The Swedish P&I Club describes a case of a bulk carrier grounding caused by engine failure.  Summary A bulk carrier loaded a cargo of soya beans in a North American port, prior to travelling to Asia. When...