Oil Market Bullish, Post Biden Inauguration
As expected, Wednesday's inauguration of Joe Biden as president of the U.S. had a beneficial effect on oil; but the gains were minimal, says an article published in ship & bunker.
Experts Comments
John KilduffStill, the...
Call for Creation of Dedicated Seafarers Support Fund
Maritime body MUI demands announcement of a support fund for seafarers in the forthcoming Budget.
Maritime Union of India (MUI) is the country''s oldest union of merchant navy officers.
It has urged the...
Royal Caribbean Extends Cruise Suspensions
Royal Caribbean Group continues to focus on the healthy and safe return to cruising for guests, crew, and the communities we visit, says an article published in Marine Insight.
Sailings Suspensions
As the Royal Caribbean Group...
Holland Shipyards Group Secures Order for Hybrid Ferry Trio
Dutch ship designer and builder Holland Shipyards Group has secured a contract to build three additional hybrid ferries for towing and ferry company Schlepp- und Fährgesellschaft Kiel (SFK), reads the company news release.
Hybrid drivetrain...
Dry Bulk Shipping ETF Stays At Top in 2021
A targeted dry bulk shipping exchange traded fund has rallied in the new year, breaking from traditionally weak seasonal trends.
Among the best performing non-leveraged ETFs of Friday, the Breakwave Dry Bulk Shipping ETF...
UK Trials 24hr COVID Vaccination Centres To Reach ‘Jab’ Target
The UK needs to vaccinate 2 million people a week to hit its target of 14 million by Feb 15.
Wednesday set a new record for COVID-19 deaths, with 1,564 victims.
There is...
Former Chinese Shipbuilding Chief Arrested
The Supreme People's Procuratorate arrests Hu Wenming.
He is a former Party chief and chairman of China Shipbuilding Industry Corporation (CSIC).
The reason for the arrest is suspicion of taking bribes and abuse...
Prioritize Vaccination for Seafarers, Urges ICS
The International Chamber of Shipping is leading calls for governments to put seafarers and frontline maritime shore workers at the head of the vaccine queue and to designate seafarers as keyworkers, to avoid a...
Collapsed Marine Fuel Prices Rebounds
One year ago — which seems like an eternity ago — no one in ocean shipping was talking about COVID. They were talking, ad nauseum, about fuel. About a massive spike in fuel prices...
China Steps Up To Stabilize Freight Rates
China’s Ministry for Commerce is again looking to step in to stabilise the container shipping market.
Media speculation indicates that shipping lines could be called to a series of meetings to discuss the...