Prelude Floating LNG Resumes, Sparks Rise in Spot Rates
Cargo shipments resume at the 3.6mn t/yr Prelude floating LNG (FLNG) offshore Western Australia (WA).
The shipments take place after 11 months it went off line in February 2020 due to technical issues.
...
American Bunker Market Witness Spike in Spot Fuel Prices
Key ports throughout the Americas saw spot retail marine fuel pricing climb during the week January 4-8, with bunkers values tracking stronger US energy futures higher, reports Platts.
Latin America
Latin America bunker prices are starting...
US Fuel Prices Hit An ‘Year High’ Amid Limited Supplies
USGC marine fuel reached its highest level in nearly a year January 7 on a rebound in the underlying crude complex along with limited blending components, reports Platts.
US marine fuels climb high
USGC marine fuel...
Shippers Embrace ‘Tough Times’ Amid Spiraling Bunker Surcharges
With the oil prices heading north again, ocean carriers are preparing to ramp up low-sulphur fuel surcharges to add to the misery of shippers struggling with sky-high freight rates, surcharges and premium fees, reports...
How To Tackle the South African COVID Strain?
After reports of the UK Strain, reports of a more deadly South African Strain of the coronavirus is causing havoc in the world as scientists have said that it could bypass the newly approved...
New Study Probes Vitamin D As Potential Tool To Treat COVID19
Boston researchers are studying yet another potential weapon in the coronavirus fight. Brigham and Women's Hospital will look at whether vitamin D can lessen the severity of COVID-19 symptoms, reports WCVB.
Immune system booster
Researchers are...
World’s Largest Shipbreaking Stretch Goes Green
Ship recycling plots in Alang beached 196 ships in calendar year 2020 for dismantling, benefiting from the green recycling policies of global ship owners for their end-of-life ships, reports the Hindu Business Line.
In comparison,...
Alfa Laval Gains USCG BWMS Type Approval Certificate
In a posting on its Maritime Commons blog, the U.S. Coast Guard reports that its Marine Safety Center has issued the 39th U.S. Coast Guard BWMS Type Approval Certificate to Alfa Laval Tumba AB...
Weekly Tanker Report – Week 1, 2021
A relatively quiet start to 2021. On the new 2021 Worldscale schedule, flat rates fell about 17%. To compensate, fixing rates reflected an upward adjustment on the first working day of the year, but...
World’s Largest Electric Cruise Ship Arrives Shortly
Meet the "Yangtze River Three Gorges 1", an electric cruise ship, announced in December, that is poised to become the world's largest of its kind (among EVs).
According to the brief info, it will...