Standard Club Amends Regulations for Customs Breach
Standard Club International Group has amended the Pooling Agreement so that as of 20 February 2021, P&I cover in respect of fines for smuggling and breach of customs regulations will no longer provided as...
Refinery Closures To Affect Bunker Fuel Supply
The recent earthquake in northeast Japan has interrupted refinery operations which could impact the supply of bunker fuel.
Rough sea conditions during the week have also pressured the country's bunker fuel stocks.
Transfer...
[Watch] Terrifying! United Airlines Flight Catches Fire Mid-Air
An "engine failure" explosion on a United Airlines plane caused the flight to drop parts onto homes in Colorado as it made a dramatic return to the airport.
The plane debris fell in...
Bunker Fuel Market Facing Crisis Even After Covid Recovery
According to an article published in S&P Global, marine fuel quality issues could likely escalate once the world starts to recover from the coronavirus pandemic while continued margin pressures may hurt bunker suppliers more,...
Great Eastern Files Bid for State-run Shipping Corporation
The Great Eastern Shipping Company Ltd, India’s biggest ship owner by fleet size, is said to have filed an expression of interest (EoI) to buy state-run Shipping Corporation of India Ltd (SCI) from the...
Finland Extends Seafarer Certificate Validity Due To COVID
Finland’s government is proposing that the validity of fixed-term ships’ crew certificates of competency and certificates of proficiency be extended due to the effects of the COVID-19 epidemic, says an article published in Shipping...
NAVTOR’s Acquisition Of Tres Solutions For Vessel Analytics & Performance Optimisation
Tres Solutions’ core expertise and digital products will now integrate into NAVTOR’s offering, creating a unified platform to help shipowners and operators enhance operations and achieve competitive advantage, says an article published in NAVTOR...
Strong One-dose Vaccine Can Be Stored in Normal Freezers
Some covid-19 vaccines are effective after one dose, and can be stored in normal freezers, data shows, reports The Wall Street Journal.
Global vaccination goal
In a win for global vaccination goals, BioNTech-Pfizer vaccine is shown...
Retail Market Hit Hard, Elevated Shipping Costs
The Container Store’s most recent earnings call details the reality of shifting to a greater mix of e-commerce sales at a time when transportation capacity is extremely tight.
To manage limited capacity, logistics...
US Reveals Hackers’ Role in Evasion of Ship Sanctions
A North Korean computer hacker has been charged in a plot using blockchain to get investors to unknowingly fund North Korean cargo ships with cryptocurrency.
It considered as a way to evade U.S....