Yearly Archives: 2020
Green Financial System and Guidelines by People’s Bank of China
The People’s Bank of China, along with six other government agencies, issued the Guidelines for Establishing the Green Financial System.
The Guidelines will...
Supertankers in China’s Plan To Drain Crude Oil Glut
China’s biggest refiner is eyeing a creative strategy to help rid Asia of a persistent diesel glut -- brand new supertankers usually reserved...
Unraveling the Complexity & Dividend Strategy of Maritime Shipping
For certain investors, willing to invest with highly variable durations, shipping has the potential to be quite lucrative.
In contrast, investors who expect...
Alarming Rise in Enclosed Space Casualties Amid Covid-19 Crisis
According to a recent Safety4Sea article, Standard Club has warned that the threat to seafarers entering toxic enclosed spaces following the COVID-19 pandemic is...
Data To Lead Bulk and Tanker Shipping To Success Path
COVID-19 and commodity-related trends are likely to depress medium-term demand.
But companies that can leverage deep market insights will have the opportunity to...
Cargo Ship Collision Due To Bow Thruster Failure
General cargo ship contacted a berthed fishing boat at Busum Germany, on Nov 17, while unmooring, reports Maritime Bulletin.
What happened?
General cargo ship WILSON AVONMOUTH...
Caribbean Cruise Ship Passengers Test Positive for COVID-19
The number of confirmed cases of COVID-19 on the Caribbean cruise ship in the midst of a COVID outbreak has jumped to five.
In addition,...
DSME Wins Six 15,000 teu Ship Orders
Zodiac Maritime makes a series of boxship orders at Daewoo Shipbuilding & Marine Engineering (DSME) in South Korea, reports Splash 247.
DSME orders
According to Liner...
Mauritius Oil Spill Mixture Questioned
Scientists raise concerns regarding the exact makeup of the bunker fuel that leaked into the waters of the Indian Ocean island of Mauritius, reports...
Call for $2/mt Levy on Marine Fuel To Tackle Decarbonisation
International shipowner associations call governments to back their proposal to place a $2/mt levy on marine fuel used to help fund industry efforts...