Fauci Endorses Biden’s ‘100 Million in 100 Days’ Vaccination Plan
According to a Reuters report, America's chief infectious disease and virology expert Dr. Anthony Faucu, director of the National Institute of Allergy and Infectious Diseases, has said that President-elect Joe Biden’s goal of delivering...
What Made LNG Tankers the Most Expensive Ships To Hire?
An unprecedented shortage of liquefied natural gas tankers has made them the most expensive ships ever hired to ferry commodities, reports Bloomberg.
Rise In Spot rates
Spot rates have more than tripled in the past month,...
Bunker Industry In Hong Kong Seeking for Government Bailout
The bunker industry in Hong Kong is seeking a government bailout to support it while COVID-19 lockdown measures continue to drive business away to rival ports, says an article published in Ship & Bunker.
Bunker...
China Stranded Ship Reaches Japan With 23 Seafarers
MV Jag Anand, the Indian ship which was stranded at Chinese port of Jingtang has reached Japan on 18th January for crew change, reports news on air, the news bulletin of All India Radio.
Stranded...
Shell Marine & Carnival To Deliver Sustainable Cruise Experience
Shell Marine has been awarded a multi-year contract to provide marine lubricants to cruise line operator Carnival Corporation’s global fleet of 89 ships.
Carnival will also offset the carbon dioxide emissions from the...
Carriers Gone Too Far With Prices As Rates Soar
According to a LoadStar report written by Mike Wackett, there are signs that spot rates from Asia to Europe might be beginning to cool at last.
Today’s Shanghai Containerized Freight Index (SCFI) comprehensive index...
Coles Quits Wallem Group
Hong Kong-based ship operator Wallem Group has announced that Chief Executive Frank Coles has resigned and will be leaving the Wallem Group shortly.
Wallem Group Comments
Wallem has issued a statement saying “As many will be...
Panama 2020 Bunker Volumes To Drop Further
Last year's fall for Panama bunker volumes was the sharpest in at least a decade.
A sharp decline at the end of the year took Panama's 2020 bunker volumes to the biggest annual drop on record.
...
Maersk Highlights Poor Security for Vessels & Crews In GoG
The world’s biggest shipping company demanded a more effective military response to surging pirate attacks and record kidnappings off the coast of West Africa. The number of attacks on vessels globally jumped 20% last...
40% of VLCCs To Don Scrubber by December 2021
Despite a massive drop in premium earnings for ships fitted with scrubbers during 2020, the scope for scrubber cancellations has been limited.
This can be attributed to contractual obligations with shipyards and scrubber...