Foreign Flagged Ships Detained In The UK

Four foreign-flagged ships were detained in the United Kingdom in December for failing Port State Control inspections, according to the Maritime Coastguard Agency, says...

Nantong Xiangyu Wins Six Bulker Newbuild Orders

Nantong Xiangyu Shipbuilding and Offshore Engineering has secured newbuilding orders for the construction of up to six 79,900 dwt bulk carriers from three domestic...

Castor Maritime Seals $15.3m Fleet Growth Loan

Nasdaq-listed dry bulk owner Castor Maritime seals a $15.3m senior term loan facility to aid fleet growth, says a press release published on their...

Yara Announces The Winner of Yara Marine X’s Accelerator Program

According to an article published in Yara Marine, the company started the Yara Marine X program in September last year and after months of...

Maersk’s Rail Solution for Ocean Capacity Crunch

As the ocean freight capacity crunch rolls on, Maersk has launched a cross-country rail service in India, says an article published in the loadstar. Dedicated...

Shippers And forwarders Mull Legal Bid Against Increasing rates

The European Commission has said it does not regard the huge container spot rate increases between Asia and Europe as sufficient justification to investigate...

Seafarers In The Third Week Of Hunger Strike

  Indian, Turkish, Azerbaijaniani and Bangladeshi seafarers are in the third week of a hunger strike in the port of Shuaiba, Kuwait. The abandoned crew of...

SEPA Praised For Its Strict Regulations As Compared To The Polar Code

On 20 November 2020 the 75th session of the International Maritime Organisation (IMO) Marine Environment Protection Committee (MEPC) approved a ban on the use...

Oil Market Positive Under Biden and Covid Cloud

Traders swung back towards cautious optimism with regards to the impending U.S. economic stimulus package and supply concerns. It caused oil prices to rise about 1...

SSA Clarifies Doubts On Latest Covid 19 Measures At Singapore Port

The Singapore Shipping Association (SSA) clarifies doubts raised by bunker suppliers & surveyors regarding the latest Covid-19 measures introduced at Singapore port. The...