Global Container Shortage Implies Signs of Normalcy, Index Confirms

What does the global shortage of shipping containers that’s sent ocean freight rates skyrocketing show? Is it signs of easing! Yes, according to an index that tracks the steel boxes used to transport...

U.S. Vows To Help SE Asian Nation Against Maritime Attacks

U.S. President Joe Biden’s government has vowed to extend support to the Philippines, in case of any armed attack in the South China Sea, reports BloombergQuint.  1951 Mutual Defense Treaty  U.S. Secretary of State Antony Blinken...

Webcast Link for Diana Shipping’s 4th Quarter Results

Diana Shipping Inc. announces the date for the 2020 fourth quarter and year-end financial results. Its financial results for the 4th quarter and year ended Dec 31, 2020 are scheduled to be released...

Konsberg Technology To Secure Environment Friendly WTIU

Kongsberg Maritime (KM) technology is at the centre of an ambitious new project to build a next-generation Wind Turbine Installation Unit (WTIU), destined to be among the largest of its type, says an article...

European Diesel & Shipping Market Participants Divided Over Economics

According to an article published in S&P Global, Participants in the European diesel and shipping markets are divided over the economics to send ULSD to the US Atlantic Coast, with a record high HOGO...

Why Are the New Coronavirus Mutants Causing Concerns?

There are many circulating around the world, but health experts are primarily concerned with the emergence of three, reports the Economic Times. Virus mutations As a virus infects people, it can mutate as it makes copies...

Maritime Body Demands Seafarers Support Fund

Maritime body MUI on 15th January, demanded announcement of a support fund for seafarers in the forthcoming Budget, says an article published in Outlook. Seafarers Support Fund Maritime Union of India (MUI) is the country's oldest...

Methanol Holds Promise As Alt Bunker Fuel: Executive

Much of global methanol production goes to industry leaving little left over for shipping, a methanol industry executive has said.Interviewed by price reporting agency Platts, Methanex's Stuart McCall said that lack of fuelling infrastructure...

WHO Investigates COVID Origin in Wuhan Market

A World Health Organisation team looking into the origins of the coronavirus pandemic on Sunday visited a market known to be the food distribution center for the Chinese city of Wuhan during the 76-day...

Tokyo MoU Agrees CIC on BWM in 2025

Tokyo MoU PSC Committee considered and agreed to accept the proposal by the Paris MoU to carry out a CIC on Ballast Water Management (BWM) in 2025, says an article published in Safety4Sea. Port State...