[Infographic] Global Shares Witness Their Biggest Decline

Global shares take a hit owing to the COVID-19 pandemic, reports BBC. Huge fall in shares The FTSE, Dow Jones Industrial Average and the Nikkei have...

Lack of Communication Results in LNG Carrier VLCC Collision!

Marine Safety Investigation board reports the investigation and findings into the collision between the Maltese registered LNG carrier Aseem and the Hong Kong registered...

Why China Remains A Hotspot for Disease Outbreaks?

The world’s biggest epidemics such as SARS, bird flu and coronavirus have been traced to China. China’s history of zoonotic infections has raised...

Vitol Acquires Sinanju Tankers To Establish Bunker Supply Operation

Vitol has established a physical bunker supply business in Singapore following the acquisition of Sinanju. The acquisition includes 15 modern Singapore flagged bunker...

Global Freight Demand Plummets Amid COVID-19 Crisis

Ocean rates remain stable ahead of a likely drop as consumer demand plummets. China export air cargo rates have increased by 30% in...

Sudden Drop of Piracy in Venezuela

The concentration of oil industry-related infrastructure in Anzoátegui combined with the declining economic situation and lack of security make it a hotspot for...

Manual for Vessels Entering Pirate-infested Waters of West Africa Released

Best practice manual for tankers and other vessels entering and working in the pirate-infested waters of West Africa has been released. Will help...

Using Better Data To Optimize Shipping’s Complicated Voyages

Big data tools allow us to crunch more numbers faster than ever, providing us with access to ever-richer and more reliable data, such...

COVID-19 Forces US LNG Sector To Adapt As Demand Increases

Gas and LNG sector are adapting towards shifting trade flows, and price volatility. It has embraced short- and long-term market uncertainty from coronavirus...

Ocean Cargo Passing Through Coronavirus Fallout! Journey To Continue?

  Containerized-goods supply shock and bulk-commodity demand shock shown up both centered in China and driven by temporary closures. Containerized-goods demand shock centered in...

USCG Identifies Essential Maritime Critical Infrastructure Workers

The latest Maritime Safety Information Bulletin from the U.S. Coast Guard Commandant highlights maintaining maritime commerce and identifies essential maritime critical infrastructure workers. Uninterrupted flow...

Global Container Shipping Giant Completes $ 545m Acquisition

Maersk closes the acquisition of Performance Team, in an effort to further strengthen its capabilities as an integrated container logistics company. The transaction...

[Watch] What COVID-19 Can Do To Lungs

Watch the video showing the lungs of a man who had been asymptomatic a few days earlier.Disclaimer: This video is intended for informational purpose...

Essential Maritime Critical Infrastructure Workers’ List in Times of COVID19 Disruptions!

In a major development, the US Coast Guard has announced that they are providing further clarification when making determinations regarding which Marine Transportation System...

IMO Presses for Unified Port Protocol Solutions To Prevent COVID19 Disruptions!

According to maritime bodies, the shipping industry must be prioritised as new restrictions surrounding the response to the Covid-19 pandemic come into force and...

Industry Outlook Has Turned Negative! Price Guidance for Sale Impossible!

 Three-week lockdown to slow down the spread of Coronavirus has completely halted ship recycling activities. Ships scheduled to arrive at Alang have been...

Coronavirus Outbreak Onboard! Cruise Ship Defies Orders To Leave Port!

Artania cruise ship stand-off continues in Australia, in spite of Australian Border Force ordering the Artania to depart Fremantle. Ship's passengers were evacuated...

Major Ports Declare “Force Majeure” Amid Coronavirus Crisis

Indian Ports declare Force Majeure due to the COVID-19 outbreak. Indian LNG importers Petronet LNG, Gujarat State Petroleum, and GAIL have also issued...

How Ship Operators Should Tackle COVID-19 Shipping Challenges?

The pandemic’s effect on businesses and personal lives are beginning to show. Disruption to the human lives is too much when compared to...

Labs Fill Up the COVID Testing Void With Innovative Fast Kits!

As COVId19 pandemic takes the world by storm, everyone everywhere is looking for feasible tests which can be done at fast pace and can...