New Year Celebrations At Home, As Authorities Tighten Covid 19 Rules

Sydney’s New Year’s Eve celebrations remain under a cloud. Health authorities monitor whether the northern beaches Covid-19 outbreak has spread to the city’s central business district. New South Wales recorded nine new coronavirus...

South Korean Container Majors To Form Brand New K-Alliance

Five South Korean container shipping companies shake hands and agreed to establish a Korean Maritime Movement Alliance (K-Alliance). This was done in an effort to enhance competitiveness in Asia. According to country's Ministry of...

Pan Ocean Looking Forward To LNG Fleet Expansion

Pan Ocean has recently placed over $550m in orders for three LNG carriers. Two of the carriers are expected to go on charter with Shell. These orders mark its first major investment in LNG...

Diana Shipping Secures Capesize Charter With SwissMarine

Diana Shipping Inc., has signed a time charter for its capesize dry bulk vessel, reads a press release by the company. Time charter for capesize bulker The company announced that, through a separate wholly-owned subsidiary, it...

Marine Fuel Market Looking for A ‘Stable’ 2021 After ‘Shaky’ 2020

Vessel earnings under pressure as bunker prices rise. VLSFO crack becomes strongest transport fuel. 2021 expectations for HSFO muddied by conflicted fundamentals. The European marine fuel market is hoping for calmer waters in 2021,...

Foreign Flagged Ships Detained in the UK During November 2020

The Maritime and Coastguard Agency (MCA) announced that seven foreign flagged ships remained under detention in UK ports during November 2020 after failing port state control (PSC) inspection. Five new detentions  During November, there were five...

Weekly Vessel Scrapping Report – Week 50, 2020

Ship & Bunker, with the data from online maritime intelligence and information service VesselValue.com, has listed out the vessels put up for demolition in a recently published article. The below table is the most recent...

Crew Mental Health & Wellbeing ‘Take Centre Stage’ Amid Pandemic Crisis

The mental health of seafarers have taken the 'centre stage' with respect to the coronavirus pandemic, reports safety4sea. Key worker status The COVID-19 crisis has posed many challenges to the industry stakeholders across the globe, especially...

Uncontrolled Fire Flap Closure Injury

The safety flash from International Marine Contractors Association (IMCA) reports a case where a seafarer got injured during closing the fire flap. The incident A crewman was injured when there was an uncontrolled and unplanned closure...

Hyundai-DSME $1.8b Merger Wins China Approval, Awaiting EU

China has granted unconditional approval Hyundai Group’s acquisition of Daewoo Shipbuilding. The merger deal is pending approval from the European Union, South Korea and Japan. China's anti-trust agency has approved the merging of Korea's...