Samsung Heavy for Closing One of China’s Plants

South Korean shipbuilder Samsung Heavy Industries Co. said Tuesday it will close one of its Chinese plants due to decreased productivity caused by its superannuated facilities. Samsung Heavy has been in talks with...

A Female Seafarer & Challenges She Faces On Board Vessels

Today there is no field where the women have not shown their worth. Women have shouldered all kind of responsibilities with grand success. The entry of women into the seafaring trade is a small but...

Brittany Ferries and CMA CGM in Passenger & Freight Transport

Letter of Intent for an investment to support Brittany Ferries’ post-Covid-19 recovery. Commercial partnership unlocking synergies in freight transport across the Channel and to the Iberian Peninsula. Development of LNG excellence in France. A...

DSME is Awarded the Contract for Four LNG Carriers

South Korean shipbuilder Daewoo Shipbuilding & Marine Engineering (DSME) has secured an order for four liquefied natural gas (LNG) carriers, exceeding its 2021 order target. On 14 September, DSME said it signed a KRW...

The Oversupply of MR Tankers in Asia is At A Six-week Low

Demand for moving jet fuel to US rises. China export demand ebbs. Australian import demand stable. A Platts news source says that Asia MR tanker rates hit six-week low on oversupply; US bound freight...

Dry Bulk Cargo Volatility Remains Strong

Capesize rates whipsaw on tight supply and weather disruptions while China restricts steel output. Vale reduces capacity guidance, now sees smaller increase next year. Volatility in dry bulk freight to remain elevated. A recent...

What’s Happening in the World Economy

China’s economy is in the midst of a mid-year stumble. That was confirmed Wednesday when data showed retail sales growth slumped in August and both industrial output and investment also slowed, says an article published...

Liquefaction Risk Of Iron Ore Fines : Sierra Leone

GARD: Members are referred to previous circulars 23/2010 and 5/2012 and the risks arising from the carriage of mineral ores from certain jurisdictions, including possible liquefaction of such cargoes and the lack of a...

Plan B ‘Lockdown Lite’ Winter Rules In Europe

The government's approach in England is clear - it's going to try to rely almost entirely on the vaccines to protect the country from Covid this winter, says an article published in BBC. The winter...

Beautiful Beaches Flooded Again!

The beautiful beaches in Goa are once again terrorised by tarballs. These huge black, greasy blobs of thick oil across the beach stretches is one of the worst occurrences in Goa. And this time, these ugly blobs have taken...