A.P. Moeller-Maersk Profits Soar To 83%

A.P. Moeller-Maersk saw profits soar 83% in the third quarter on recovering volumes and rising freight rates. The Logistics giant expects that the global container market could expand by up to 5% in...

Precautionary Area Laws Need Urgent Revision

Another AET-managed ship, the Singapore-registered Eagle Kuching (60,379grt), left Sullom Voe with a similar-sized cargo on the evening of 23 November. Today, (27 November) Eagle Kuching is still ‘waiting for orders’ in the approaches...

Product Tanker Attacked & Boarded

Product tanker AGISILAOS was attacked and boarded by pirates, reports Maritime Bulletin. What happened? In the evening Nov 29 Product tanker AGISILAOS was attacked and boarded by pirates, in the Gulf of Guinea south of Lome,...

EU Ship Database Raises Question on ‘Mauritius Oil Spill’ Ship Owner

According to a Forbes report, EU Ship Database has raised a fresh storm by questioning about the Japanese owner of Mauritius Oil Spill ship.  What is it? The Indian Ocean island of Mauritius continues to face...

[Watch] Virtual 2020 – Greek Shipping Awards Begins This Week

Lloyd's List Annual VIRTUAL 2020 Awards Ceremony dedicated to Greek shipping’s virtues is starting this Friday, 4th December, says a press release published on their website.For the first time, the 2020 Awards will...

Singapore HSFO Sales Crosses 1 Million Mt As Shipowners Favour the Bunkering Hub

Ships with scrubbers calling at Singapore port for bunkers Favorable HSFO pricing in Singapore attracts shipowners Crew changes, other factors also boost SG's bunker prospects MPA's Prompt action in Him Leong's collapse boosted...

IMO’s MEPC 75 Shipping Implications Will Not Cut Carbon Emission

Newbuilding orderbooks have dipped to historically low levels relative to existing fleets, with the dry bulk carrier sector one of the most extreme examples published in an article of  Xinde Marinenews.While these trends are...

Why Mauritius Oil Spill Insurance Claim Can Lead Upto $10 Billion?

An assessment of the Mauritius Oil Spill that happened 3 months ago reveals the extent of the damage and how the insurance claims can mount upto $10 Billion, says an article published in Forbes.Three...

$10 Billion Mauritius Oil Spill Claims – Shipping Law Loopholes Nightmare

According to a Forbes report, the oil spill in Mauritius in August has had lawyers scrambling through their maritime insurance libraries to understand the implications of the incident, caused by the Japanese bulk carrier,...

A Surge In Cases During The Holiday Season In The US

A record-high 96,039 Covid-19 patients were hospitalized in the US as of Monday evening. The intensive care unit bed capacity in the state might reach 112% by Christmas Eve. Health experts are asking...