Nationwide Stringent Restrictions Set As Covid Cases Surge

Harder coronavirus lockdown restrictions came into force across all of Germany's 16 federal states on Monday. Ten states, including the most populous, North Rhine-Westphalia, Bavaria and Baden Württemberg, introduced the new rules as of...

[Watch] Ships & Sounds of the Port of Rotterdam

This video is about the daily life of the incoming and outgoing ships at the Port Of Rotterdam.  Disclaimer: This video is intended for informational purpose only. This may not be construed as a news...

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...