It is important for Christian to make one thing clear in the beginning: as long as we need oil for heat and power, we will need to transport it. “And whenever you transport something,...

The EC renewed the BER, which allows container shipping lines to coordinate their networks and utilise space on their vessels, last April for a further four years, saying that the conditions allowing the anti-trust...

The UK now has the highest death rate from Covid-19 of any country in the world, the latest data has revealed. Check the full article for more

Leading Classification Society ClassNK has released “Guidelines for Remote Surveys Ver. 2.0” including a class notation requirement for the ship with advance preparation for remote surveys, says a press release published on their website. Use...

A number of tankers are being sent for scrap in 2021, with elevated demo rates proving very tempting. Cosco Shipping Energy Transportation recently announced its plans to dispose of 10 elderly tankers as part...

Oil prices will average just above $50/b in 2021, a more than 21% rise from 2020's depressed level. This may be attributed to the rollout of vaccines, and fiscal stimulus programs will help...

SM Line announces that it is preparing for an initial public offering (IPO) in the second half of the year. The shipping company has recently selected NH Investment & Securities as the lead...

Oldendorff Carriers (OC) sign a Joint Development Project (JDP) with Anemoi Marine Technologies (Anemoi), LR and SDARI. The JDP is to develop a wind-assisted propulsion solution for Dry Bulk Carriers. The project, scheduled...

Pirates are stepping up attacks on ships in West Africa’s Gulf of Guinea, defying regional navies. On Saturday, pirates off Nigeria kidnapped 15 sailors from a Turkish container ship and killed one. Pirates...

The cost of shipping goods from China to Europe increases by up to 600 percent in recent weeks. The rise in cost of shipping goods is attributed to pandemic that has disrupted the...