US Gulf Coast Dirty Tanker Markets Readdress Queries After The Hush Of Nicholas

No fresh fixtures, cargoes reported upon arrival of storm. Charterer queries prompt shipowner bullishness. Aframax freight rose to five-month high in week ended Sept. 10. Charterers turn to VLCCs to evade high Aframax,...

Wärtsilä To Supply Reliquefaction Plants for Knutsen LNG Carriers

Finnish technology group Wärtsilä’s Compact Reliq reliquefaction plant will be installed on three new LNG carriers built for Norway-based Knutsen OAS Shipping, reports the company website. South Korean shipyard Hyundai Samho Heavy Industries (HSHI) is...

Bad Weather Causes Grounding of Vessels

A tug boat and an oil tanker ran aground on Wednesday due to bad weather, reports Avas. Tug boat runs aground According to Maldives National Defense Force (MNDF), the tug boat, 'Marina-1301' ran aground on Feydhoo...

BAE Bets on Battery-powered Quadcopter Drone for Lifting Cargo

BAE Systems and Malloy Aeronautics announced plans to explore the development of an all-electric ‘heavy lift’ uncrewed air system (UAS) as a potential new solution to deliver cost-effective, sustainable rapid response capability to...

NSW Hits 1259 New COVID Cases & 12 Deaths

NSW has hit a vaccination milestone as the state recorded 1259 new Covid cases and 12 deaths. Premier Gladys Berejiklian announced NSW had reached its 80 per cent single dose vaccination milestone on...

Cargo Vessel Crew Test Positive for COVID-19

New South Wales Health is assessing a cargo ship off the coast of Newcastle with 11 COVID patients on board. Testing on 21 crew members aboard the MV Spirit of Ho-Ping found more...

Shipping Stocks Hit Fresh Highs Amid COVID-Era Supply Chain Chaos

The mainstream press is now awash in articles on global supply chain breakdowns, exorbitant shipping costs, clogged ports, emptying store shelves and rising inflation. That’s good news for sentiment toward many (but not all)...

Jackpot To World Shippers Since 2008: Earning Suges

The global shipping industry is getting its biggest payday since 2008 as the combination of booming demand for goods and a global supply chain that’s collapsing under the weight of Covid-19 drives freight prices...

Warning Alarm: Vessel Identity Laundering, Leads Illicit Maritime Operations

Criminals are fraudulently obtaining vessel registration numbers to evade sanctions on maritime trade, researchers say, warning that illicit export operations are becoming “significantly more sophisticated” says an article published in gtreview. Security issues C4ADS, a non-profit...

Long Covid Symptoms Seems Common

Long Covid has received a great deal of media and public attention. Research has found that as many as one in four of those infected with Covid – perhaps millions of people in the...