Oil Prices Soar Amid OPEC Delays & COVID19 Vaccine Hopes

Pfizer and Moderna say their COVID-19 vaccine is 95% effective. Saudi Arabia urges OPEC+ to be flexible on output. U.S. crude stocks rise...

Bulker Market Sees Lowest Sales Level Since 2015

Secondhand sales in the dry bulk market head for the lowest level since 2015 as the coronavirus pandemic makes them difficult to execute. While...

Seafarers Stuck On Ships For About A Year Due To The Pandemic

Thousands of seafarers around the world have been stuck on ships for about a year or longer due to the coronavirus pandemic. The prolonged...

Scrubber Fitted 12,000 teu F-type Containership Joins Evergreen

Ever Fortune is a new, 12,000 TEU class F-type containership. Evergreen has taken delivery of five newly built 12,000 TEU class F-type containerships.  ...

Scientists Create World’s Smallest 3D-printed Microboat

Kraft’s research group researches microswimmers, small particles moving in fluids like water, that can be followed using a microscope. Most research of this...

Ceiba – The Future Of Clean Shipping

Sail Cargo is a company trying to prove that zero-carbon shipping is possible, and commercially viable. The global shipping sector emits over a...

Performance Shipping Acquires 5th Aframax Tanker for $22m

Performance Shipping acquired the 2011-built (Sumitomo) aframax tanker Kalamas from Pleiades Shipping, reports Splash 247. Vessel value and delivery According to reports, Greek tanker owner Performance...

The Mystery Around Death Of The Captain Of Titanic

Captain E.J. Smith was last seen at 11:40 p.m. on Sunday, April 14, 1912. Even after 40 years at sea without any casualties...

Inmarsat To Deliver Fleet Xpress To Global Maritime Market

Speedcast International Limited and Inmarsat have signed an agreement for the sale of  Speedcast’s primary Maritime Customer Contracts to Inmarsat, says a press release...

Bulk Carrier Runs Aground Shortly After Unmooring

Bulk carrier ran aground in Parana river downstream from San Lorenzo Port on Nov 19, shortly after unmooring, reports Maritime Bulletin. What happened? Bulk carrier ASIA...