Cruise Companies COVID19 Ready With Their Own Face Masks!

Face masks may become a normal part of cruises, reports Fox News. Cruise Company Making Own Face Masks? A recent patent filing suggests that a prominent cruise company may be planning on releasing its own branded face...

Drybulk Shipping Rates Plunges Due To A Lull in Global Economy

According to an article published in Seeking Alpha and authored by Clark Schultz, the Baltic dry index is facing a plunge due to a lull in the global economy. Market conditions The Baltic Dry Index...

Ship Owners Cut Back on New Ship Acquisitions and Investments

The demand for new ship acquisitions is diminishing. Shipowners are refraining from more investments. Owners are adopting a more cautious approach to their investment strategies. Dry bulk side witnessed a further plunge of...

The Common Target Cell Areas of COVID19 Discovered!

Researchers find the 2 major proteins by which the novel coronavirus infects and look for their target cells. Further research reveals 3 types of target cells including those in lung, intestine and nose. ...

Scrubber Retrofits Continues as HSFO and VLSFO Spread Narrows

Scrubber retrofits are narrowing in HSFO discounts. The price spread between HSFO and VLSFO at Rotterdam narrowed by $8.50/mt to $46.50/mt. The spread represents the fuel-saving shipowners with scrubber-equipped tonnage. Container ships are...

Pilot Falls off Crude Oil Tanker!

Durban ship's pilot fell off a crude oil tanker while disembarking at the Durban port on Tuesday, reports TimesLive. What happened? A Transnet National Ports Authority ship's pilot fell off a crude oil tanker after a...

Baltic Exchange Adds New OPEX Assessments for Tankers

The Baltic Exchange added quarterly assessments of the cost of operating crude oil carrying Aframax tankers and clean product carrying Medium Range (MR) tankers to its growing suite of shipping investor tools, reports Market...

World’s Largest Box Ship Embarks on Its Maiden Voyage

    The world’s largest container vessel HMM Algeciras, with a TEU (20-foot equivalent unit) capacity of 24,000, started its maiden voyage from the port of Qingdao in eastern China's Shandong Province on Sunday, reports Xinhuanet. About...

Ship Owners’ Rights To Refuse To Call at a Port in COVID-19 Situation!

The plight of cruise ships, stranded off shore with sick passengers and crew has been the news in recent past. e The current COVID-19 pandemic is having a significant effect on the shipping...

[Watch] Bulk Carrier Blackout & Engine Failure!

A Very Large Bulk Carrier got disabled after engine failure and a blackout, while leaving Jiangyin port, Yangtze river on Apr 27, reports Maritime Bulletin. What happened? Very Large Bulk Carrier MAX WARRIOR suffered engine failure...