Ship Blockage At The Suez Canal Disrupts Global Shipping

The overnight running aground of a mega container ship that has blocked maritime traffic on both sides of the Suez Canal is delaying ship...

US Reports 5,804 Known Variant Cases Of COVID-19

Europe's top medicines regulator on Thursday said the AstraZeneca-Oxford University COVID-19 vaccine is safe, despite reports of unusual blood clots in several people among...

New COVID Pill To Prevent the Disease Begins Human Trials

Pfizer is beginning a trial of early-stage covid.  Trials are underway to check if they can be given to both healthy and infected...

‘Herd Immunity’ Penetrating Double Mutant COVID Variant Emerges

A new Lineage of mutant coronaviruses could be emerging as double mutations happen.  E484Q and L452R mutations are detected in the spike protein...

Containership Aground in Suez Canal Partly Refloated

The container ship that ran aground in the Suez Canal yesterday has been partially refloated, shipping agent GAC said today. There are signs...

Suez Canal Accident To Impact Cross-continent Arbitrage Trade

Dozens of oil and refined products tankers are still waiting to pass through the Suez Canal. An ultra large container ship is stuck...

April Western Low Sulfur Arbitrage Volumes Close To 3M Mt

Low sulfur material originating from the West and being arbitraged to the East for April arrival may near 3 million mt. April arrival...

Maersk Buys 4 TEU Ships, Likely To Be Renamed

The last boxships with the prefix of CSAV, a Chilean liner brand, are set to be renamed. Four 8,600 teu ships – the CSAV...

Training Course on Safety Culture and Leadership in The Shipping Industry

Safety Culture interventions are the next measures for reducing incidents and accidents in Shipping. Any group with a stable membership and a history of...

Massive Wave of Fresh Containership Newbuilding Orders

Container carriers and non-operating shipowners (NOOs) appear to have finally reacted to the severe capacity constraints in the global vessel fleet with a surge...