Poor Bunker Market Badly Hits Bunker Credit
Marine fuel sellers essentially act as financing houses for ship operators which are dependent on this for their working capital and liquidity.
At...
Singapore-flagged Box Ship Loses 40 Containers Overboard!
A Cargo ship lost at least 40 containers some 40 nm SE of Sydney, in rough seas on Sunday morning, reports Maritime bulletin.
What happened?
Container...
Can The Natural Gas Market Revive Itself Under Pressure?
Natural gas markets have exploded to the upside, reaching towards the $2.00 level.
Due to this the uptrend of the natural gas market...
COVID-19 Pandemic: WHO Warns Atleast 80M Children At Risk Of Vaccine-Preventable Diseases!
World over at least 80 million kids are at risk of diseases like measles and diphtheria.
This came as the world is fighting...
Charterers Turn To Tanker Floating Options for Cargo Storage!
Charterers have shown renewed interest in floating storage for oil products in Europe, as freight rates have fallen significantly since April.
Charterers look...
Global Transport Industry Places Bulker Quartet Orders!
MOL has placed orders at two Chinese-Japanese joint venture yards for the construction of four bulk carriers.
The company has ordered two kamsarmaxes...
Global Shipping Company Enters Time Charter for Panamax Dry Vessel
Diana Shipping Inc. announces a time charter for one of its Panamax dry bulk vessels.
The gross charter rate is US$9,000 per day...
[Watch] Explosion and Fire in Chemical Tanker
An explosion damaged the chemical tanker and injured two crew members on Yangtze River, 20 May, reports Splash 247.
What happened?
The 2018-built chemical tanker Qiu...
Petition To Secure Seafarers Condition and Uninterrupted Global Supply Chains
Capt. Andriyan Evtimov, Bulgaria’s Good Will Ambassador to IMO started a global petition “Seafarers Matter”. It is gaining huge support from the seafarers all...
How Giant Ships Inched from Dock Hall To Berths?
The biggest loads ever to be moved on British roads inched their way across Barrow Island as BAE Systems built three ships in giant...
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