Hapag Lloyd Makes A Switch To LNG

The Hapag-Lloyd-owned 15,000 TEU container ship, Sajir, is currently being upgraded to run on LNG (liquefied natural gas) instead of fuel oil. It is the first retrofit of this scale, reports Cyprus Shipping News. Singapore’s...

Fierce Bidding Wars In Order To Secure Equipment & Space

Major forwarders are engaged in fierce bidding wars in China, in order to secure equipment and space to North Europe, says an article published in the loadstar.And several carriers are reported to have opened...

New Challenges for Shippers In 2021

Scheduling ‘slidings’, ad-hoc port omissions and short-notice network structural changes are replacing blankings as the new challenges for shippers in 2021, says an article published in the loadstar. Maersk and MSC latest Advisory The latest advisory...

Active Shipping Companies Working On the NSR

There are few Asian shipping companies and operators working on the Northern Sea Route compared to the number of European companies. Much more frequent voyages are also taking place between the NSR and European...

WHO Team To Reach China on Jan 14 To Investigate COVID Origin 

According to a Business Standard report, China said on Monday that a group of experts from the WHO will arrive in the country on Thursday for a long-anticipated probe into the origins of the...

No Herd Immunity in 2021 Despite COVID Vaccine Rollouts

In a major development, the World Health Organization’s (WHO’s) chief scientist has warned that even as numerous countries start rolling out vaccination programmes to stop COVID-19, herd immunity is highly unlikely this year, reports...

Oil Prices Fall Over New COVID Strain Lockdown & Stronger Dollar

According to a Reuters report, oil prices steadied on Monday after strong gains last week, as tough coronavirus lockdowns around the world renewed concerns about global fuel demand, while a stronger U.S. dollar also...

The New World Record Set for Shipping Rates

LNG shipping hits all-time peak but rates expected to subside in the spring, reports Freight Waves.LNG ShippingIt has never been more expensive to get a container of goods across the ocean. But it’s not...

China’s Largest Bunkering Port Reaps 15% Increase In Bunker Sales

The Zhoushan Bonded Marine Fuel Association on Saturday (9 January) reported bonded bunker sales at Zhoushan totalling 4.724 million metric tonnes (mt) in 2020. It amounts to 7,517 vessels receiving bunkers and a...

International Shipping Regulations That Enter Into Force

Potential consequences from the fallout of the commonly referred IMO-2020 were overshadowed by the impact of COVID-19, says a recent regulation update published on Standard Club website.The article also provides an overview of some...