Weekly Tanker Report – Week 2, 2021

A general further weakening of flat rates was seen across this sector, reports Baltic Exchange. VLCC In the Middle East 280,000mt to US Gulf via the Cape/Cape routing is assessed another point down at WS19, while...

Dingheng Shipping Places Order for Chemical Tanker Sextet

Chinese tanker operator Dingheng Shipping has placed an order at Wuhu Shipyard for the construction of six chemical tankers, reports Lloyd's List. Smart green fleet The order includes five 6,600 dwt tankers and one 9,000 dwt...

Cargo Ship Makes ‘First Call’ on New MARAD Marine Highway

The new M-10 Marine Highway (Jones Act) service gives the South Florida market ready shipping access to Puerto Rico. The new service avoids trunk road shipments over Jaxport, and offers an alternative to...

INTERTANKO Updates Crew Welfare & Mental Wellness Guidance

INTERTANKO has recently updated its recommendatory guidance, Crew Welfare Management and Mental Wellness, reports the American Club. Guidance to deal with stress The updated guidance includes advice on helping seafarers to deal with emotional stress and overcome...

How Employee Health Plans Are Changing With Smart Health Tech

According to a Forbes report written by Shama Hyder, employee health plans are changing as covid spur a change in work culture and smart medicine initiatives. Let's take a look how.  Incentivizing Employee Health Employers have been...

Call for Strict Restrictions for COVID Vaccines Effect

According to a Guardian report, a leading epidemiologist has gone on record stating that removing Covid restrictions before March would be a disaster in the battle against coronavirus and would risk putting the NHS...

DNV GL Changes Name To DNV

The assurance and risk management company, DNV GL, has announced name change to DNV from 1 March 2021. The move comes after a comprehensive review of the company’s strategy as it positions itself for a...

Zhoushan Awarded Supply Licence To Trafigura

China's largest bunkering port of Zhoushan has awarded a bonded bunker supply licence to global trading firm Trafigura, says an article published in argusmedia. The latest award comes less than a month after Zhoushan issued a...

LNG Cargo Prices Rise To Unforeseen Heights

The combination of a severe cold snap in Asia, supply outages and maritime congestion has propelled spot prices for LNG to previously unforeseen heights. The North Asian price benchmark has now risen 18-fold...

Singapore’s Maritime Industry Comes Out On Top Despite COVID-19 Hurdles

 The Port of Singapore has performed well despite the challenges posed by the global coronavirus pandemic, and is on track to achieve its targets around maritime decarbonization while also promoting digitalization and enhancing inter-modal...