In a major development, the World Health Organization’s (WHO’s) chief scientist has warned that even as numerous countries start rolling out vaccination programmes to stop COVID-19, herd immunity is highly unlikely this year, reports...

According to a Reuters report, oil prices steadied on Monday after strong gains last week, as tough coronavirus lockdowns around the world renewed concerns about global fuel demand, while a stronger U.S. dollar also...

LNG shipping hits all-time peak but rates expected to subside in the spring, reports Freight Waves. LNG Shipping It has never been more expensive to get a container of goods across the ocean. But it’s not...

The Zhoushan Bonded Marine Fuel Association on Saturday (9 January) reported bonded bunker sales at Zhoushan totalling 4.724 million metric tonnes (mt) in 2020. It amounts to 7,517 vessels receiving bunkers and a...

Potential consequences from the fallout of the commonly referred IMO-2020 were overshadowed by the impact of COVID-19, says a recent regulation update published on Standard Club website. The article also provides an overview of some...

Q4 2020 container-ship orders were the highest since Q3 2015, reports Freight Waves. A jump in newbuilding orders In virtually any ocean shipping market, a big jump in newbuilding orders is a headwind for future freight...

The US Coast Guard explains which are the symptoms of hypothermia, highlighting that body heat can be lost 25x faster in cold water than in air, says an article published in safety4sea. What is Hypothermia? USCG...

Shipowners have limited options to access financing for ship repair, given the capital-intensive nature of vessel repairs also represents a financial risk for shipyards. Typically, a shipowner must fund the entire capital cost...

Private Hong Kong owner, Unique Shipping, is quitting the bulker segment, offloading its one cape, a ship that’s been with the firm since it hit the water some 14 years ago, says an article...

Bunker industry association IBIA announces its list of candidates to join its board, including two strong supporters of LNG bunkering. Both Prokopakis and Rosenkrans are prominent advocates of LNG bunkering. They could be expected...