Capesize Business Falters Amid A Strong Handysize Market
The Baltic Briefing has released a report about the dry bulk market for the 48th week of shipping activities of this year. The report...
IMO Committee Outlines Priorities for Seafarers’ Fair Treatment
IMO's Legal Committee met virtually to conduct the 107th session.
Discussions were on COVID-19 pandemic, the fair treatment of seafarers and the abandonment...
Supramax Freight Rates Surge Amid Additional Coal Imports
Supramax freight rates in Southeast Asia surged at least 25% in the trading week.
China's approves 20 million mt coal quotas for remainder...
Reasons for Ant Group Suspension
A sudden, severe reduction in the intrinsic value of Ant's business rendered the offering non-viable.
The de-valuation was not the result of a...
Will Trials Alter the 90% Efficacy of Pfizer Vaccine?
Pfizer and BioNTech said they had identified 94 cases of COVID-19 among 43,538 trial participants.
The split of cases between the groups suggested...
The New Beginning of Shell’s Prelude FLNG Facility
LNG giant Shell could be gearing up to restart production from its Prelude FLNG facility offshore Western Australia.
The FLNG unit has been offline...
A Captain’s Plea To End Crew-change Crisis
An anonymous master mariner writes about the distressing reality behind the phrase ‘crew-change crisis.
The secret captain writes about this, as his exhausted...
Ultra Large Ship Hit Two Berthed Capesize Bulkers
Ultra Large Ore Carrier hit two berthed Capesize bulk carriers, while maneuvering to berth at Ponta da Madeira Maritime Terminal, Sao Luis, northeast Brazil,...
[Watch] Crews Finally Start Slicing Overturned Vessel
Crews finished cutting the first of eight sections of the 656-foot Golden Ray on Saturday.
The ship overturned last year in September.
Cutting...
ICS Requests Jeff Bezos To Support Stranded Seafarers
Shipping industry associations called on Jeff Bezos to support about 400,000 seafarers stuck on merchant vessels.
About 90% of global trade relies on...
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