Oil Tanker Market Driven By External Forces Like Geopolitics: BIMCO
Crude oil and product tanker markets alike have faced high volatility in recent weeks and months, largely due to geopolitics and the constantly evolving...
COVID19 Cash Stripped MPC Trying To Amend 200$ Million Bond
In a major development, Oslo-listed feeder owner and operator MPC Container Ships has announced that they are looking to amend the terms of its...
100 Years of Maritime Regulation: How Seafarers Got Their Rights?
As the International Labour Organization celebrates its 100th anniversary, Nick Bramley looks back at the beginning of a great international movement to support seafarers...
Transatlantic Route Recovery Longer Than Expected As COVID19 Crunches Demand
According to a LoadStar report by Mike Wackett, 2M partners Maersk and MSC have extended the suspension of their TA4/NEUATL4 transatlantic loop through to...
10 Million COVID19 Cases, AstraZeneca Tops Vaccine Race, Treatment Hopes
COVID19 cases reached 10 million last Sunday but the situation is more hopeful
Doctors say that they are more prepared now as more...
Tanker Owners Risk Facing Hidden BWMS Compliance Issues
210 Anglo-Eastern ships are fitted with one of 19 different models of BWMS.
Every single one exhibited some issues during the first year...
Maersk Tankers Launches Digital Spin-off ZeroNorth
Maersk Tankers is resetting its business model as it tries to navigate volatile energy markets.
The company is offloading dozens of product tankers...
ABS Releases White Paper on Sustainability of LNG as Marine Fuel
IMO plans to reduce average CO2 emissions per ‘transport work’ by at least 40 percent by 2030.
It aims to pursue a 70...
NYK Joins Maersk Mc-Kinney Moller Center for Zero Carbon Shipping
NYK Joins Maersk Mc-Kinney Moller Center for Zero Carbon Shipping to promote decarbonization through alternative fuels conversion, says a press release published on their...
Seawater Seeping Into Decaying Oil Tanker Held by Rebels
Oil tanker moored off the coast of Yemen is at risk of exploding.
The tanker is loaded with more than 1 million barrels...
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