IMO 2020 Rule & Road To Decarbonization Goals

Successful implementation of the IMO 2020 rule is attributed to the cooperation of the stake holders. It has provided a future pathway for...

Seafarers Caught in the Deadlock,Crew Change Expensive

  A standoff between commodities giants and shipping companies is prolonging the labor crisis at sea. An estimated 200,000 seafarers still stuck on their...

Bourbon Subsea Services Gets the Turnkey Contract

Bourbon Subsea Services continues its cooperation with TetraSpar Demonstrator ApS. It has been awarded the turnkey contract for transportation and installation of innovating...

Fraudulent Contract Bookings & Sky-high FAK Rates

Ocean carriers are cracking down on a spike in fraudulent contract bookings being driven by sky-high FAK rates from Asia. Moreover, forwarders are...

Clinical Trials of Oral Antiviral Drug for Covid

Pfizer said it has begun an early stage clinical trial testing its experimental oral antiviral drug for Covid-19. The company said the phase...

Vitol Sees Strong 2021 Rally in Fujairah Bunker Volumes

  Bunker volumes at the Middle Eastern hub of Fujairah are rallying by as much as 60% in 2021, according to global energy trading firm...

U.K. May Include Shipping in New Emissions Trading Platform

  The U.K. government is considering whether to include the shipping industry in its new carbon market as it seeks ways to eliminate transport pollution...

Oil Price Rebounds On Suez Canal Blockage

Oil climbed as investors assessed the impact on global crude flows after a ship ran aground and blocked the Suez Canal, following a sell-off...

Instructions For Shipping Temperature-Sensitive Freight

If a shipment has specific temperature requirements, failure to meet them can cause items to lose their value — decreasing product acceptance rates and...

Americas Bunkers March 22-26 Key Market Indicators

West Coast ports track Asia lower Weaker US crude segments pressure Latin America Tight supply props up New Orleans premium over Houston Spot retail...