Britain Plans To Rival Singapore With Post Brexit Shipping Regime

Britain is drawing up plans to turn London into a rival of Singapore as a hub for shipping companies to register vessels after the Brexit transition period. Industry bodies and unions have been...

Fujairah Fuel Oil Stocks Soar High

Oil stocks including those of bunker fuel at the Middle Eastern bunkering and shipping hub of Fujairah have risen to their highest level since late August, reports Ship & Bunker citing Fujairah Oil Industry...

DNV GL & HHI Collaborate on Green Tanker Designs

DNV GL and HHI Group have teamed up to embark on the development of future-proof tanker designs. Results of the joint research shows that vessels can be made both environmentally and economically fit...

[Watch] 45 IMO States Designate Seafarers As Key Workers

IMO Member States and one Associate Member have now designated seafarers as key workers, a key step in resolving the ongoing crew change crisis. Key worker designation is essential to exempt these professionals...

Bunkers To Face ‘Optimistic’ 2021 Amid Boost in VLSFO Supply

VLSFO is likely to see increased supply in 2021. Mostly firm sentiment for 3.5%S fuel oil. Oil inventories to weigh on tanker demand. Bullish streak in containers should last into Q1.Very low sulfur...

First VLGC Powered by LPG Headed from US Towards Panama Canal

Houston — The first VLGC powered by liquefied petroleum gas was headed toward the Panama Canal on Dec. 17. It was loaded at Enterprise Products Partners' hydrocarbon terminal on the Houston Ship Channel.Already...

US Hospitals Anticipate The Approval Of The Second Vaccine

COVID-19 hospitalizations rose to record heights for a 19th straight day, with nearly 113,000 coronavirus patients counted in U.S. The virus has claimed over 311,000 lives in the United States to date, and...

More Than 40 Firms Become Victims of Cyber Breach, Says Microsoft

Microsoft has identified more than 40 of its customers around the world that had problematic versions of a third-party IT management program installed and that were specifically targeted by the suspected Russian hacking campaign...

World’s First Global, Real-time Maritime Emergency Service Launched

GMDSS is an internationally regulated service, that provides life-saving assistance to seafarers in distress. Iridium’s service functions much like an international SOS button. Iridium’s GMDSS service is built on the company’s upgraded $3...

Cosco Clinches Shanghai Development Bank’s Panamax Shipbuilding Contracts

In a major development, SPDB Financial Leasing, the leasing unit of Shanghai Pudong Development Bank, has announced that they have entered into shipbuilding contracts with Cosco Shipping Heavy Industry for the construction of six...