Carrier Profits Assured in 2021, Container Shipping Disrupted

After a down and up year in container volumes, the current logjams in the system and unbalanced trades will take months to resolve. It allows carriers to profit from high freight rates, and...

Petronav Carriers Takes Long-term Charter of New MR Tanker

Petronav Carriers, a subsidiary of Delaware-based Petrogress, has added a 38,000 dwt FKAB MR tanker to its fleet via a long-term charter for operations in West Africa, reports Splash247. IMO type II vessel There will be...

Wärtsilä Ups Investment in Carbon Capture Technology

Wärtsilä has invested a further €1 million in Soletair Power Oy, a Finnish CO2 direct air capture technology company following an original €500,000 investment in Soletair Power made in 2019, reads a press release...

The Largest and Greatest Self-unloading Ship

In the winter, roads require salt to melt ice so that drivers don’t lose control of their cars. And in eastern Canada, salt for the byways of places like Quebec City and Montreal...

India Rebounds In March With Gasoil Loadings To Europe

Gasoil loadings of spot cargoes from the Middle East and India with options for delivery in Europe have risen in March, with shipping brokers tracking such deals saying about 10 cargoes have chartered LR2s...

IMO Publishes Onboard Fuel Oil Sampling Guidelines

Amendments to MARPOL Annex VI have been adopted, introducing procedures facilitating PSC's sampling from fuel oil tanks to verify the sulphur content. The amendments will enter into force on 1 April 2022.The 75th...

Interpol Warns Armed Robberies of Vaccine Shipments

Shipping companies are using kill switches, panic buttons, plainclothes guards, and tons of monitoring to ensure delivery. In the coming months, billions of doses of coronavirus vaccines will be dispatched via truck, plane,...

FSL Trust Seals MR Tanker Sale Deal

FSL Trust sealed a deal to sell its 2007-built MR product tanker, says a press release published on their website. Sale details Singapore’s FSL Trust Management has sealed a deal to sell its 2007-built MR product...

Seaspan Adds 2 Emission Reduction Vessels on Long-term Charters

Seaspan Corporation, a wholly-owned subsidiary of Atlas Corp., has entered into an agreement to acquire two young, high-quality 15,000 TEU scrubber-fitted containerships on a long-term charter with a long-standing global liner customer, reads the...

One Indian Firm Vaccinating The Whole World

As pharmaceutical giants ramp up production in the race to vaccinate the world, one firm has shot into the lead, says an article published in BBC. SII Vaccine makerThe Serum Institute of India (SII) isn't...