Scrubber-Fitted VLCCs Gets More Demand With Bunker Prices Spike
The rising discounts which high sulfur fuel oil is enjoying over its low sulfur cousin has resulted in a clear two-tier market for VLCCs, where tankers with scrubbers are showing daily earnings, or else...
Containerlines Register Improved Profits With Rising CCFI Index
Contract rates as measured by the 23-year-old China (Export) Containerized Freight Index (CCFI) have risen faster than ever recorded putting containerlines on course to register improved profits this year, even over 2020’s stellar performance,...
Disastrous Winter Storm Wreaks Havoc In The Southern Plains
A destructive winter storm Sunday hit the southern Plains, making travel dangerous and slowing down supply chains due to potential road closures, reports Freight Waves.
The lethal StormThe storm has caused widespread power outages and...
The 2021 ICS Leadership Insights Highlights Cyber Risk Management
Shipping has taken important steps in cyber security, but leaders must continually address cyber risks that are unique to their organisations and operating environments, reports International Chamber Of Shipping.
2021 ICS Leadership Insights
This was a...
How A Massive Fire Hit Ship Looks from Inside?
Napier Port says it is unable to say how long a ship which caught fire in December will remain in port, reports NZ Herald.The Kota Bahagia
Photos taken on Monday show the damage to the...
Gibraltar Government Reports Bunker Spill
A bulk carrier spilled some of its fuel in Gibraltar's waters on Friday. The spill happened on Friday morning, according to a press release on the British territory's government website on Saturday, says an...
Why LR1s And MR1s Have Fallen Out of Favour?
LR1 tankers, which range in size from 60,000 to 84,999 dwt, and MR1s (34,000 to 40,999 dwt) are fading away. Among the most popular clean petroleum product tankers 15 years ago, the two tanker...
DNV GL Updates Its GRAB Notation
DNV GL updates its GRAB notation for cargo hold reinforcements that will save owners money, says an article published on their website.
GRAB notation
In response to technical advances resulting in lower-weight bulk cargo grabs with...
Weekly Bulk Report – Week 6, 2021
The Baltic Briefing has released a report about the dry bulk market for the 6th week of shipping activities of this year. The report dated 12th January highlights the dry bulk market conditions at...
Tanker “Hit & Run” Investigation
According to a recent Ship & Bunker article, a shipowner and two seafarers of a tanker were held by the Italian authorities investigating a collision at sea last year.
About the incident
The tanker was reported...