12% Clean Trading LR1 Tankers Tied Up in Floating Storage!
12% Clean trading product tanker fleet tied up in storage.
13% of the LR2 product tanker fleet in storage, 16% of the LR1...
Bunker Industry Heading Towards Consolidation and Credit Lines
Financial times are bringing the issue of credit lines to the forefront.
Marine fuel sellers are essentially acting as financing houses for ship...
RightShip Launches New Safety Score for Risk Management!
RightShip launches new Safety Score, heralding a new era for safety and risk management in the maritime industry.
RightShip will transition to a...
Terminal Operator Sues Shipping Company for Carrier Departure Damages!
Maersk told GCT that it was preemptively leaving and switching calls to its own company’s facility, the APM Terminals (APMT) site in Elizabeth,...
Ship Master Arrested! Vessel Seaworthiness To Be Analyzed
Ship's heavy rolling caused container stacks to collapse, with 40 boxes flung overboard.
Sydney beaches had been forced to close after face masks...
Improper Bridge Procedures Cause Grounding of Ship!
In its June monthly safety scenario, the Swedish Club reports of vessel that ran aground because the bridge team did not monitor the vessel's...
Crew Missing from Grounded Cargo Ship!
Cargo ship sank off Ningbo with one crew missing, writes Mikhail Voytenko for Maritime Bulletin.
Cargo ships runs aground
Cargo ship Lian Hang 7 ran aground...
As COVID19 Dents Container Lines Profit Liner Industry Speculate Mergers!
According to a LoadStar article written by Mike Wackett, Niche carrier Wan Hai was the only Taiwanese container line to post a net profit...
How Container Shipping Is Changing for the Future Trade Challenges?
Whatever you purchase - from the lastest sneakers to the tomatoes in the market everything comes by sea and hence shipping has a huge...
Tanker Shipping To Be Under Pressure in 2020, Says BIMCO CEO
Geopolitical tensions have now eased, leaving freight rates to feel the full effects of the weak underlying market and falling demand, writes BIMCO CEO,...
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