Coronavirus Weakening & Becoming Less Lethal!

According to a Reuters report, the new coronavirus is losing its potency and has become much less lethal, a senior Italian doctor said on...

North P&I Club’s Strong Hold in Business Despite Causalities

  Two major casualties had an impact on North P&I Club’s underwriting figures for the policy year ending February 20, the club said. However,...

Why Is The Europe LNG Market Not in Its Best Times?

Unquestionably the current global health situation is going to cause a severe economic crisis not seen since the Great Depression. This is already...

Long-Term Container Blanking Catapults Short-Term Rates

    Container spot rates from Asia to the US soared this week as the aggressive blank sailing programmes of transpacific carriers resulted in a...

New Ebola Outbreak Emphasizes WHO Globally!

The new Ebola crisis in the DRC compounds an already extremely difficult situation for public health officials. The country is also dealing with...

COVID-19 Crisis Puts Containership Sector in An Unprecedented Tumble!

The COVID-19 pandemic is projected to lead to an unprecedented decline in world container trade. Future growth predictions for container shipping depended on...

Natural Gas Market Witnessing A Backlash Post Coronavirus Crisis!

Coronavirus pandemic has taken a toll on the natural gas market, undercutting hopes for a rich new vein for profits on the water. ...

Tanker With Engine Failure Gets Anchored!

Maritime Bulletin reports of a disabled tanker anchored in Japan sea. Laden tanker suffered engine failure in the morning of June 1 in Japan sea....

Diana Shipping Inc. Announces Time Charter Contract With Glencore

Diana Shipping Inc. announces time charter contract for m/v Crystalia with Glencore, says a press release published on their website. About the contract Diana Shipping Inc....

Maersk and Others Extend Their China Line Suspension!

  ONE, Maersk and MSC continue suspension of China – Australia service, reports Seatrade Maritime News. Suspension of service  Ocean Network Express (ONE), Maersk and MSC are...