The Need for Oil Spill Compensation Reforms

Indigenous communities face many barriers to receiving compensation for oil spills from ships in their territories — in fact, only one relatively small claim has ever been paid directly to an Indigenous group — according to...

Better Results Expected for the Global Bunker Market in 2021

The World Bunker Index MABUX displayed irregular fluctuations over a week due to COVID-19 pandemic’s spread related worries. Border closures & shutdowns continue to constrain fuel demand. 380 HSFO index fell from 367.25...

New Hydrogen Cargo Ship Concept from Havyard

Havyard Group ASA along with a European player partners in order to develop hydrogen zero-emission vessels, says a press release published on their website. Climate goal target Europe is devoting extensive resources to achieving the climate...

Measures To Minimize Hazardous Electrical Shocks On board

An electrical shock is the worst of all kinds of accidents on board ships. Author Anish lists out precautionary steps to minimize such on board risks for an article published in MarineInsight. Reason for an...

CDC Warns The New UK Variant May Be Deadlier

Scientists at the US Centers for Disease Control and Prevention are speaking with UK health officials to learn more about British data that suggests a new coronavirus variant could be more deadly, reports CNN...

HSFO – VLSFO Spread at $80 – $100/tonne

The latest upward trend in oil prices has offered some welcome news to those who invested in scrubber technology, with the spread between HSFO and VLSFO widening to around $80 – $100/tonne and scrubber...

‘Impossible’ Recovery

Winter in the North Pacific is notorious for bringing extreme weather and heavy seas, and large container ships are traveling at maximum speeds, Clive Reed, founder of Reed Marine Maritime Casualty Management Consultancy, said...

1 Killed in Ambush Attack on Cargo Ship, 15 Kidnapped

A statement said that three crew members are still in the ship and pirates are waiting for negotiations for ransom. One crew member killed and 15 others kidnapped when pirates stormed a Turkish...

DHT Holdings, Inc. Acquires 2 VLCCs

DHT Holdings, Inc. announces that it has entered into agreement to acquire two VLCCs built in 2016 at DSME (Daewoo) for USD 136 million. The vessels are scheduled to deliver during the first...

77% of Crew Change Through Charter Flights During Covid 19

As Covid-19 border and travel restrictions decimated commercial aviation flight schedules some 77% of shipping businesses turned to charter flights for crew change. ATPI Marine Energy conducted a research among participants at the...