Covid-19 Death Rate

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

ClassNK Updates “Guidelines for Remote Surveys”

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...

Cosco Opts To Dispose 10 Tankers

A number of tankers are being sent for scrap in 2021, with elevated demo rates proving very tempting. Cosco Shipping Energy Transportation recently announced...

IMF Predicts 21% Rise in Oil Prices in 2021

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...

IPO Expected from SM Line in 2021

SM Line announces that it is preparing for an initial public offering (IPO) in the second half of the year. The shipping company...

Oldendorff Carriers Signs A Major Fuel Saving Technology Project

Oldendorff Carriers (OC) sign a Joint Development Project (JDP) with Anemoi Marine Technologies (Anemoi), LR and SDARI. The JDP is to develop a...

Debunking Pirate Attack, Plight of Seafarers

Pirates are stepping up attacks on ships in West Africa’s Gulf of Guinea, defying regional navies. On Saturday, pirates off Nigeria kidnapped 15...

Rising Shipping Costs Spurs Stress on China-Europe Trade

The cost of shipping goods from China to Europe increases by up to 600 percent in recent weeks. The rise in cost of...

[Watch] Seafarers Should Receive Vaccine Priority, Says Stakeholder

A maritime industry stakeholder is calling on the Philippine government to also prioritize seafarers as in the country's COVID-19 vaccine rollout, reports ABS CBN...

Inmarsat Secures Fleet Agreement To Accelerate Maritime Digitalisation

Inmarsat, the world leader in global, mobile satellite communications, has secured a fleet-wide agreement with offshore support vessel major Tidewater to advance its digitalization...