Yearly Archives: 2020
Global Economy Looks Promising Now, Says ABB CEO
ABB Chief Executive Peter Voser said the Swiss engineering company was more positive about the global economy than it was six months ago, reports...
Global Shipping Companies Under Container Capacity Crunch
2M alliance partners Maersk and MSC have advised their North European customers of five void Asia sailings in March, and the members of the...
Kamsarmax Disabled After Engine Room Fire!
Fire disabled a UK-flagged kamsarmax in the early morning hours of January 24 off the Gulf of Aden, reports Splash247.
The fire was contained to...
Coronavirus Scare Sends Ports on Scanning Spree
World's Port Authorities are on the lookout for Coronavirus cases, reports the Maritime Executive.
Coronavirus outbreak
The new coronavirus outbreak originating in Wuhan, China has implications...
Powerful Quake Kills 31, Leaves More Than 1500 Injured
At least 31 people have been killed and more than 1,600 injured in a powerful earthquake in eastern Turkey, reports Sky News.
Earthquake hits Turkey
A...
Supertanker Loaded With Crude Collides With Containership!
A Chinese supertanker collided with a containership in West Singapore, says media reports.
What happened?
A Chinese VLCC XIN JIN YANG collided with container ship...
Biggest Weekly Capesize Index Loss in 21 Years!
According to a Reuters report, the Baltic Exchange’s main sea freight index fell to an over three year low on Friday, with the Capesize...
Jack & Rose Titanic Dream To Be Saved by UK-US Wreckage Protection Treaty
The wreckage of the Titanic will be protected from potentially damaging expeditions thanks to a new agreement between the US and the UK, reports...
New Ship Recycling Regulatory Requirements Ahead of IMO Ramification
According to an article published in Lloyd's Register, by 31 December 2020, all ships entering a European Union port or anchorage will require a...
Prevailing Fuel Deficit and High Costs To Impede the Ailing Economy?
Ships hauling everything from coal to iron ore and consumer goods on domestic routes along India’s coast may run out of fuel as the...