[FAQ] Checkpoints To Tackle Physical Cargo Damage
Cargo damages are important issues that affect shipowners. Keeping that in mind the UK P&I Club has formulated a guideline to handle such cargo...
Panama Stopping Extensions of Seafarers Employment Agreement
According to a BIMCO report, the Panama Maritime Authority (PMA) will continue to extend the Seafarer's Employment Agreement (SEA) until 14 September 2020.
Thereafter, the...
COVID19 Vaccine Developers Preparing ‘Vaccine Safety’ Pledge
According to an article published in the Wall Street Journal, several COVID-19 vaccine developers, including Pfizer, Johnson & Johnson and Moderna, plan to issue...
Spot Rates Hit New High In The European Region
Spot rates to the west coast jumped to a record $3,758 per 40ft, 129% higher than at the beginning of the year.
Spot...
Key Indicators In The Asian Residue Fuel Market
Medium sulfur fuel oil has become a viable option as a blending component in the high sulfur fuel oil pool, reports S&P Global Platts.
This...
Panama Canal Invites Proposals for New Water Management System
Panama Canal seeks a portfolio of water management solutions to improve the quantity, quality and control of its water supply.
The company plans...
Diana Shipping Announces Time Charter With Koch
Diana Shipping Inc. announces time charter contract for m/v Newport News with Koch, says a press release published on their website.
Time charter contract
Diana Shipping...
GTT Bags Tank Design Deal for 6 LNG Carriers
GTT to design tanks for six new LNG Carriers.
Two of the LNGCs will be built by HSHI and the other four LNGCs...
Damen Delivers Fast Crew Supplier To Dutch Shipping Company
Damen Shipyards Group delivered a Fast Crew Supplier (FCS) 2710 to Rederij Groen.
This, the first delivery of the new FCS vessel in the Netherlands,...
First Foreign Flagged LNG Bunkering in the U.S.
FURE VEN, a dual-fuel vessel owned and operated by Furetank of Donsö, Sweden, has become the first non-U.S. flagged vessel to bunker LNG...