Tankers: VLCCs Fall Once Again

Another difficult week for owners saw rates fail to gain any traction. There was talk midweek of 280,000mt fixed west at WS17.5, but thereafter the market Middle East Gulf to US Gulf via the Cape/Cape routing softened and is now assessed at a shade above WS15.

Final Yamal LNG carrier for MOL and Cosco delivered

The fourth and final conventional Yamal LNG carrier for the MOL-COSCO JV was delivered by the Chinese Hudong-Zhonghua Shipbuilding.

Port of Rotterdam, Iceland to explore green hydrogen export

Port of Rotterdam along with Landsvirkjun, the National Power Company of Iceland, shake their hands and inked MoU to develop a study focused on exporting green hydrogen from Iceland to Rotterdam.

France provides the most support packages for maritime during COVID-19

State support packages are helping the shipping industry to deal with the COVID-19 crisis. Government support comes in many forms but usually without strings attached and rarely aligned to broader policy objectives, says a new report by ITF.

Containership Maersk Launceston and Greek Minesweeper Collide Off Piraeus

A Greek Navy minesweeper was badly damaged after colliding with a much larger containership off Piraeus port on Tuesday morning.

28 incidents against ships in Singapore Strait in 2020 so far

In its weekly report for 20-26 October, ReCAAP ISC informed of three incidents against ships in Asia, all on board ships while they were underway in the eastbound lane of the Traffic Separation Scheme (TSS) in the Singapore Strait. With these three incidents, a total of 28 incidents have been reported in the SS since January 2020.

Two crew dead, 185 rescued after ship sinks off Malaysia

Two crew members died, one was injured and 184 more were rescued, after the offshore supply ship Dayang Topaz sank in waters off Miri, Malaysia, in the morning of Tuesday.

Smart Multimodal = Smart Technologies + Smart People

Multimodal transport is becoming more and more widely used due to its flexibility. In the meantime, the optimisation of multimodal solutions is constantly underway. The Netherlands, an important logistics country, makes much efforts on the research and practice of smart intermodal logistics. With rapidly developing smart technologies and platforms, cooperated with knowledgeable logistic practitioners, intermodal transport is developing in a smarter direction.

IMO working group agrees further measures to cut ship emissions

IMO forges ahead with development of new short-term measures to implement GHG strategy.

Second COVID-19 wave hits ships in Australia, New Zealand

Western Australia has reported COVID-19 cases onboard another two vessels that are currently docked at Fremantle Port. What is more, New Zealand also finds itself dealing with cases of the virus onboard ships arriving in its ports.