JKM LNG Price at Six-year Highs
According to Price agency Platts, JKM LNG price has risen to record high, reports Reuters.
LNG at six-year high price
The Japan-Korea-Marker (JKM) price for liquefied natural gas (LNG) assessed by S&P Global Platts has risen...
[Watch] Maersk Sets Dedicated Team for Its Decarbonization Efforts
According to a recent Maersk twitter post, Maersk is setting up a dedicated team to accelerate decarbonization efforts.
Team for decarbonization efforts
Danish shipping giant A.P. Moller Maersk announced it is setting up a dedicated team...
Weekly Bulk Report – Week 1, 2021
The Baltic Briefing has released a report about the dry bulk market for the 01st week of shipping activities of this year. The report dated 08th January 2021 highlights the plight of the dry...
Global Ship Lease Announces New Loan Facility
According to the press release of Global Ship Lease Inc. published on their website, the company has agreed a new $236.2 million senior secured loan facility (the “New Facility”) with Hayfin Capital Management, LLP (“Hayfin”).
Company's usage
Global...
Malfunctioning of Level Gauge Caused Fatal Hot Sludge Splash Injury
The Britannia P&I Club analyzes a fire incident as part of its BSafe campaign.A third engineer onboard an anchored capesize bulk carrier was splashed by hot sludge while opening the manhole cover of a...
Liners To Carry Out Fewer Blank Sailings Over Chinese New Year
Container carriers are expected to provide more deep sea capacity out of Asia over the Chinese New Year holiday, beginning 12 February, than in any other year, reports the Loadstar.
Head haul sailings cancelled
Announced blank...
Tiger Clean Energy Orders 2 LNG Tank Container Carriers
Tiger Clean Energy, a unit of Gerry Wang-led Tiger Gas, has declared options to order another two 25,000 dwt LNG tank container carriers.
The company ordered two vessels of the same type in June at...
Supramax Bulkers and Tankers Speed Increases for A Cause
Ultra large container vessel (ULCV) speeds jumped on the month in December, according to shipping intelligence service VesselsValue.
Average laden ULCV speeds in December were 16.15 knots, according to data compiled by VesselsValue, up by 1.1% from...
Ship Owners Bewildered by Deadlines To Use Less-polluting Fuels
Ship owners facing looming deadlines to use less-polluting fuels have slashed the number of new vessels on order as they don’t know which alternative to switch to.
Ammonia, hydrogen, biofuels and electrification are...
UK At the ‘Worst Point’ of Covid 19 Epidemic, 1 in 30 Infected
The United Kingdom enters its most challenging weeks since the start of Covid-19 pandemic, as hospitals face being overrun and morgues fill up.
There were currently more than 30,000 patients in hospital, compared...