Euronav Entered Into Sale And Leaseback Agreement for VLCC
Euronav announces that it has entered into a sale and leaseback agreement for the VLCC Newton (2009 – 307,284) with Taiping & Sinopec Financial Leasing Ltd Co. The vessel was sold for USD 36...
Singapore’s First Ship Dedicated To LNG Bunker Ready
Singapore's first ship dedicated to LNG bunker operations is now ready to start deliveries.
The FueLNG Befiina "has now become commercially operational in Singapore and is ready to supply LNG as marine fuel," shipping company...
RMT Demands To Stop Shipowner Exploitation of Seafarers
SEAFARERS UNION RMT today responded to the latest Government statistics on the number of UK seafarers working in the shipping industry in 2020, says a press release published on their website.Mick Cash Comments
“The shipping...
Global Container Rates To Fare Well Following Profitable 2020
Global container shipping companies’ performance will be strong in 2021 after a profitable 2020, Fitch Ratings says.
Surging spot freight rates
Spot freight rates will remain high in the short term, which will flow through to...
Fail of Human Rights In The Pandemic Results Discriminations & Abuse
Authoritarian regimes had imposed drastic curbs on rights and freedoms and had used the virus as a pretext to restrict free speech and stifle dissent, says an article published in The Guardian.
UN Secretary General's...
METIS Launches First Predictive Poseidon Principles Emissions INDEX
A Greek technology firm has come up with a predictive tool to determine the best path for ships financed under environment-friendly Poseidon Principles.
The firm's data analytics tool -- called Metis Poseidon Principles...
(Watch) Drug Peddlers Sink Boat Carrying 3 Tonnes of Cocaine
9 Georgian and Turkish crew members were fished out of the sea by police officers.
The crew attempted to prevent the police by seizing the drugs by sinking their own boat.Spanish authorities intercepted...
Fire Aboard Berthed Tanker
Fleetmon reports of a tanker fire at Dunkirk.
Tanker ablaze
Fire erupted on board of tanker TORM LOUISE at around 0130 LT Feb 24, berthed at Total Terminal in Mardyck, Dunkirk, France.Fire reportedly, started in one...
Oil Market Strengthens With Lowering Of Floating Storage
The volume of crude oil and condensate in tankers worldwide has fallen to a one-year low as the market's recovery gathers pace, and with a strongly backwardated structure in the Brent crude market discouraging...
Cattle Onboard In Ships Suffers Hell Or Likely Dead
One of two livestock ships at sea since mid-December with thousands of cattle on board is now at the Spanish port of Cartagena, but the fate of its cargo is unclear, says an article...