Shippers Pushed To Pay High Premiums To Avoid Rollover

80% of shippers feel they have to pay premiums of $400 to $500 per container on the deepsea trades to avoid rollover. Load...

Supertanker Rates Bounce Back While Stocks Languish

Rates for very large crude carriers have jumped well off recent lows. VLCC spot rates have not been this high at this time...

Country Gives Formal Consent for Pollution Prevention Conventions

Japan deposited its instruments of accession to the International Convention on Civil Liability. It has acceded for bunker oil pollution damage and the...

Oil Tanker With 22 Crew Members Missing, Location Unknown!

The crew of MV Gulf Sky was under arrest under a UAE Admiralty Law injunction. It had been issued a Prohibition to Sail...

Carnival Corporation To Sell 13 Ships Due To COVID-19

Carnival Corporation will sell a total of 13 ships this year. It seeks to cut capacity in the wake of the Covid-19 outbreak. ...

Castor Maritime Inc. Ventures Into New Charter Agreement

Castor Maritime Inc. (NASDAQ: CTRM), (“Castor” or the “Company”), a global shipping company specializing in the ownership of dry bulk vessels, announced that...

Weekly Bulk Report – Week 28, 2020

The Baltic Briefing has released a report about the dry bulk market of the 28th week of shipping activities of this year. The report...

Treatment of Wastewater from Scrubbers Successful Reducing Sulphur Levels

Prime Lake Technology Sweden AB has successfully completed a pilot test for the elimination of harmful contaminants found in wastewater generated from open-loop...

LR’s FPSO Maintenance Optimisation Reaps A £15 Million Savings

Operators could save £15 million per asset by leveraging technology to identify unnecessary maintenance, according to new findings by Lloyd's Register. As much...

COVID19 Pandemic Makes Way for ‘Telehealth’, Says Patient Satisfaction Survey

Nearly three-quarters of patients accessed their first-ever telehealth visit during the first wave of the COVID-19 pandemic, and most of them reported high...