Crew Return Delayed After COVID19 Outbreak in Royal Carribean Cruise

Thousands of crew members are still waiting to go home more than three months after the cruise industry stopped operations. And at least...

Safe Cargo Transport Lessons from MSC Cargo Vessel Container Loss

The Dutch Safety Board issued an investigation on the loss of containers from the MSC Zoe in 2019, sharing valuable lessons learned on the...

Oil Prices Recoup Amid OPEC+ Cuts Pushing Demand

Demand seen falling by about 6.5-8.7 million bpd in 2020. Around 26 contributors raise 2020 Brent price forecasts. Second virus wave poses downside...

GoodBulk Acquires $200 Million for Fleet Refinancing

GoodBulk has come to an agreement with its banks to refinance its fleet. GoodBulk received credit committee approval from its banks for a...

Wartsila Does World’s First Full Scale Ammonia Engine Test

Ammonia is seen as a promising carbon-free fuel that can help the maritime industry meet IMO’s goal of reducing greenhouse gas emissions from...

First Basic Dynamic Positioning Operator (DPO) Remote Training for Crews

Kongsberg Maritime’s plan to ramp up remote delivery of targeted education. Using digital platforms to offer the first basic Dynamic Positioning Operator (DPO)...

Shippers Stay Away from Transporting Scrap To China

Hapag-Lloyd and MSC will no longer accept scrap metal or paper as cargo to ports in China. Announcements add one more layer of...

DHT Holdings Updates Business Amid COVID-19

DHT Holdings, Inc. provides the following business update amid coronavirus outbreak, reads the company's press release Time Charters DHT Scandinavia has been significantly delayed discharging...

Deeper Global Recession Ahead As We Stare at 4.9% Global Contraction,...

IMF downgraded its outlook for the coronavirus-ravaged world economy. It expects global gross domestic product to shrink 4.9% this year, more than the...

10 Super Reasons Why Stock Market is To Crumble Again

Over the subsequent 11 weeks following the March 23 bottom, the S&P 500 bounced more than 40% off of its lows and got...

Seafarers Pushed To Limits As Govts Slow on Crew Change: Intercargo

Last month, the World celebrated 10 years of the Seafarers' Day amidst a raging crew change crisis that has made the life of seafarers...

WHO Sends Team To Check COVID19 Origin, Says Contact Tracing the...

According to a Reuters report, the World Health Organization chief said on Monday that  Tracing contacts of people with coronavirus infections is the most...

Another Maritime Heavyweight Joins Maersk Decarbonizing Research Center

Cargill has joined leading players to launch the Maersk Mc-Kinney Moller Center for Zero Carbon Shipping in Copenhagen. The center will focus on...

Global COVID19 Response Gets $6.9 bn Funding As Countries Pledge To...

According to a Reuters report, a pledging summit on Saturday raised 6.15 billion euros ($6.9 billion) to tackle COVID-19. What is it? The event was part of...

U.S. LNG Gas Export Falls More Than Half in 2020

Historically low natural gas and LNG spot prices in Europe and Asia have affected the economic viability of U.S. LNG exports. Trade press...

[Answer] How Many Ranks and Duties Exist Onboard A Shipping Vessel?

Do you know how many ranks and duties exist onboard? In this article published in Saftey4 sea, the various ranks on a vessel have...

Strong Crude Structure Enables Release of Crude from Floating Storage

There has been a strengthening in the Middle East's Dubai crude market structure. Several million barrels of the Middle East sour crude from...

OCIMF Releases Onboard Drug & Ship Control Guidelines

The Oil Companies International Marine Forum (OCIMF) and the maritime industry in general recognise the potentially serious impact and risks associated with the...

EU Opens Borders With Safe Travel Restrictions

  The EU has decided that from Wednesday EU borders will be reopened to citizens from 15 non-EU countries, including Canada, Morocco and Australia,...

Weekly Bulk Report – Week 26, 2020

The Baltic Briefing has released a report about the dry bulk market of the 26th week of shipping activities of this year. The report...