South Korean Container Majors To Form Brand New K-Alliance
Five South Korean container shipping companies shake hands and agreed to establish a Korean Maritime Movement Alliance (K-Alliance).
This was done in an...
Pan Ocean Looking Forward To LNG Fleet Expansion
Pan Ocean has recently placed over $550m in orders for three LNG carriers.
Two of the carriers are expected to go on charter...
Diana Shipping Secures Capesize Charter With SwissMarine
Diana Shipping Inc., has signed a time charter for its capesize dry bulk vessel, reads a press release by the company.
Time charter for capesize...
Marine Fuel Market Looking for A ‘Stable’ 2021 After ‘Shaky’ 2020
Vessel earnings under pressure as bunker prices rise.
VLSFO crack becomes strongest transport fuel.
2021 expectations for HSFO muddied by conflicted fundamentals.
The European...
Foreign Flagged Ships Detained in the UK During November 2020
The Maritime and Coastguard Agency (MCA) announced that seven foreign flagged ships remained under detention in UK ports during November 2020 after failing port...
Weekly Vessel Scrapping Report – Week 50, 2020
Ship & Bunker, with the data from online maritime intelligence and information service VesselValue.com, has listed out the vessels put up for demolition in...
Crew Mental Health & Wellbeing ‘Take Centre Stage’ Amid Pandemic Crisis
The mental health of seafarers have taken the 'centre stage' with respect to the coronavirus pandemic, reports safety4sea.
Key worker status
The COVID-19 crisis has posed...
Uncontrolled Fire Flap Closure Injury
The safety flash from International Marine Contractors Association (IMCA) reports a case where a seafarer got injured during closing the fire flap.
The incident
A crewman...
Hyundai-DSME $1.8b Merger Wins China Approval, Awaiting EU
China has granted unconditional approval Hyundai Group’s acquisition of Daewoo Shipbuilding.
The merger deal is pending approval from the European Union, South Korea...
Global Oil Market ‘Looking To Set Foot’ Amid Recovering Crude Futures
Dated Brent jumps to nine-month high.
Momentum could be halted by new COVID-19 strain in UK.
North Sea spot market gets more active.
The...
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