Marine Fuel Market Looking for A ‘Stable’ 2021 After ‘Shaky’ 2020
Vessel earnings under pressure as bunker prices rise.
VLSFO crack becomes strongest transport fuel.
2021 expectations for HSFO muddied by conflicted fundamentals.
The European...
Foreign Flagged Ships Detained in the UK During November 2020
The Maritime and Coastguard Agency (MCA) announced that seven foreign flagged ships remained under detention in UK ports during November 2020 after failing port...
Weekly Vessel Scrapping Report – Week 50, 2020
Ship & Bunker, with the data from online maritime intelligence and information service VesselValue.com, has listed out the vessels put up for demolition in...
Crew Mental Health & Wellbeing ‘Take Centre Stage’ Amid Pandemic Crisis
The mental health of seafarers have taken the 'centre stage' with respect to the coronavirus pandemic, reports safety4sea.
Key worker status
The COVID-19 crisis has posed...
Uncontrolled Fire Flap Closure Injury
The safety flash from International Marine Contractors Association (IMCA) reports a case where a seafarer got injured during closing the fire flap.
The incident
A crewman...
Hyundai-DSME $1.8b Merger Wins China Approval, Awaiting EU
China has granted unconditional approval Hyundai Group’s acquisition of Daewoo Shipbuilding.
The merger deal is pending approval from the European Union, South Korea...
Global Oil Market ‘Looking To Set Foot’ Amid Recovering Crude Futures
Dated Brent jumps to nine-month high.
Momentum could be halted by new COVID-19 strain in UK.
North Sea spot market gets more active.
The...
Next World Destination To Permit Resumption of Cruising
New Zealand is becoming the next world destination to permit a limited resumption of cruising starting in February 2021, as the Ministry of Health...
$869M To Support Eco-Friendly Ship Technology Development
South Korea is going to allocate around KRW960bn ($869m) to support eco-friendly ship technology development projects as part of its latest 2030 Green Ship-K...
Wait Time Up To 13 Days for LNG Tankers Without Reservation
Average Panama Canal passage wait times for Asia-bound LNG tankers from the US Gulf Coast without reservations are up to 13 days, the Panama...
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