Shanghai INE Considers Singapore for LSFO Futures Overseas Delivery
The Shanghai International Energy Exchange (INE) on Thursday (26 November) signed an agreement with Petro China International Co Ltd for the overseas delivery for its low Sulphur fuel oil (LSFO) futures contract, reportes Reuters.
About...
UK P&I CLUB Live Webinar (Series 9): “LNG – The Bridge To Cleaner Fuel”
UK P&I CLUB is conducting a webinar for a better understanding of the safety, operational and contractual challenges of LNG Bunkering operations.
Decarbonization push
Shipping is facing a decarbonization push, and there is a significant amount...
Baltic’s Sea Freight Index Enters Second Straight Month Of Declines
The Baltic Exchange's main sea freight index edged lower on Monday, marking its second straight month of declines, as rates fell for the Capesize vessel segment, reports Yahoo Finance.
HighlightsThe Baltic dry index, which...
Beware! Even Twist Lock Injury Can Be Fatal
Ronald L Signorino, for Blueoceana, reports about a crew member injury aboard the containership C/V MOL BRAVO.
Injury by fallen twist lock
The accident occurred aboard C/V MOL BRAVO at Manzanillo port, Mexico (Colima State) on...
ICCT Seeks Scrubber Ban Amid Impeding Installation Rates
ICCT has reiterated its call for a ban on scrubbers publishing new estimates on emissions from marine fuels.
ICCT itself recommends that individual governments take unilateral action against scrubbers within their own waters.
...
Capesize Business Falters Amid A Strong Handysize Market
The Baltic Briefing has released a report about the dry bulk market for the 48th week of shipping activities of this year. The report dated 27th November highlights the plight of the dry bulk...
IMO Committee Outlines Priorities for Seafarers’ Fair Treatment
IMO's Legal Committee met virtually to conduct the 107th session.
Discussions were on COVID-19 pandemic, the fair treatment of seafarers and the abandonment of seafarers, issues that have been in the spotlight in...
Supramax Freight Rates Surge Amid Additional Coal Imports
Supramax freight rates in Southeast Asia surged at least 25% in the trading week.
China's approves 20 million mt coal quotas for remainder of year.
Australian grain harvest coincides with release of China's...
Reasons for Ant Group Suspension
A sudden, severe reduction in the intrinsic value of Ant's business rendered the offering non-viable.
The de-valuation was not the result of a traditional business set-back.
It arose from a regulatory change that...
Will Trials Alter the 90% Efficacy of Pfizer Vaccine?
Pfizer and BioNTech said they had identified 94 cases of COVID-19 among 43,538 trial participants.
The split of cases between the groups suggested that the vaccine was more than 90% effective at preventing...