MOL Issues A Guidance To Prevent Mauritius Oil Ship Grounding Incident

In a major development, Mitsui O.S.K. Lines, Ltd. (MOL; President & CEO: Junichiro Ikeda)  announced that it has formulated measures to prevent an reoccurrence...

Moderna Vs Pfizer – How the 2 COVID Vaccines Are Competing?

The United States now has two vaccines available for emergency use and the Science News Erin Garcia de Jesus sought to find out the...

LSFO Demand To Spike As Coal Plants Shuts Down

Korea East-West Power raises December LSFO purchases Coal plants shut down will trigger LSFO demand which eventually result in higher purchase  IMO 2020...

Asia Opens Upto LNG As It Turns Out To Be The Most Scalable Bridge...

According to an Argus Media report, LNG is slowly becoming the best alternative bunker fuel and Asia has woken upto it.  The Most Scalable Alternative...

Thoughts on Organizational Culture

The word “Culture” is increasingly in use while discussing big organizations. It is said to contribute to exponential growth of organizations.  What actually is Culture?  MIT...

IMO Chief Lambasts the ‘No Crew Change’ Clause

IMO Secretary-General Kitack Lim has spoken out against “no crew change” clauses in charterparties. He pointed out that such clauses exacerbate the dire situation of stranded...

Golden Union Buys Newcastlemax at Attractive Price

Over the weekend one of the more modern newcastlemaxes to be marketed founded new owners. Its full steam ahead for cape owners, battling...

France Bans Freights from UK, After New Strains

France decides to block lorries arriving from the UK for 48 hours in response to the emergence of a new strain of Covid-19. ...

Ships Race To Reposition Containers Globally

Ninety-five percent of coffee imports in the US and Europe arrive in containers. The containers are unloaded and returned to port with outbound...

IMO To Consider Example of Bunker License

An IMO correspondence group has been set up to “review and amend, as appropriate, the indicative example of a license for fuel oil...