According to a Lloyd's List report, positivity is growing in the dry bulk sector as capsize rates continue to climb despite no sign of container volumes returning to normal levels before the end of...

The cancellation of dozens of US LNG cargoes this summer is a "wake-up call" for the industry that new LNG projects will not automatically be profitable. Philippe Sauquet, Total's president of gas, renewables...

Shipping stocks once again wallow in a sea of red, with yet another plunge due to COVID-19. Market caps remain minuscule, more offerings are being done by penny stocks. Reverse stock splits are...

According to an article published in Maritime-Executive, in an operation coordinated by the Indian Coast Guard, the geared bulker YM Summit rescued six stranded fishermen from a capsized vessel in the Bay of Bengal,...

The Paris MoU Committee approved the 2019 inspection results and adopted new performance lists for flag States and Recognized Organizations (ROs). A total of 70 flags are in this year's list, including 41...

  The Baltic Briefing has issued the tanker report for the 27th week of this year. The report dated 03rd July 2020 provides a valuable insight into this week's tanker market dealings, freight rates, and...

Each year, more than 100 million containers are shipped across the globe on containerships. Despite the large number, accidents are relatively rare. The best estimate says that less than 1,500 containers are lost from...

Owners push a large number of less fuel-efficient vintage ships to scrapyards. The trend is expected to be sustained in the first half of this year. This could have a further downward impact...

Grieg Star and G2 Ocean join the research cluster to explore the feasibility of safe autonomous deep-sea ships, says an article published on their website.  Autonomous ships  Developers have been discussing ideas for autonomous ships for...

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