Shipping Companies Work Together To Help Sailors Stuck at Sea

More than 300 firms agree to work together to help the hundreds of thousands of sailors stuck due to COVID restrictions, says an article published in Aljazeera. COVID-19 Crisis More than 300 top shipping, mining and...

BIMCO Publishes Sanction Clauses for Container Trade 2021

A new time charter sanctions clause specifically designed for the container shipping sector has been published as a press release by BIMCO in their website. Clause Details The BIMCO Sanctions Clause for Container Vessel Time Charter...

Skyrocketing Freight Rates Delays Shipments

According to an article published by Tom Brown in ICIS, the shipping woes that have dogged the chemicals sector for months shows no sign in abating, with disrupted international trade flows driving up prices...

[Watch] Stranded Tanker in ‘Financial Crisis’ Runs Aground

  Crew onboard a tanker that ran aground in Umm Al Quwain are hoping that, after three-and-a-half years at sea, they will at last be able to go home, reports the National News. Crew in financial...

BASF Commissions Low Water Tanker for Rhine Waterway

Chemicals company BASF has commissioned Stolt Tankers to help design and build a new tanker that can operate at extreme low water levels in the river Rhine, reads the company news release. The ship will...

Thome Group Launches New 320° Bridge Simulator

Thome Group has recently invested in the installation of a new Full Mission Navigation Bridge Simulator with a 320⁰ view, reads the company press release. The new system was formally opened, following all relevant COVID-19...

[Infographic] Asian Winter Drives Fuel Demand

Winter temperatures in North Asia fell to their lowest in decades in early January, sending fuel demand for heating and power generation through the roof, reports Platts. Fuel supplies in high demand A Platts infographics shows...

UK Plans Trial for ‘Wonder Drug’ That May Reduce COVID19 Deaths

Oxford University researchers are planning a large-scale trial of an inexpensive drug that could help dramatically reduce COVID-19 deaths globally. The goal is to find treatments that could be used at home, shortly...

Strengthening the Shipping Industry from Within

According to an India Seatrade News article India's scope at Seatrade is ever increasing because of its geographical advantage of lying close to the sea but the competition from other Seatrade hubs dampens its...

HMM Deploys 9th Extra Loader Amid Demand Surge

HMM recently deployed an extra loader to transport export products from South Korea to the United States amid surging vessel demand, says HMM’s LinkedIn post. Extra loader The 4,600-TEU container ship HMM Forward scheduled to depart...