Open Loop Scrubber Puzzle for Boxship Operators at Chinese Ports!
Vessels with open-loop scrubbers are expecting operational disruptions at chinese ports as there is no clear procedure insight.
Open-loop scrubber installed vessels are...
Euronav Takes A Dip Into the Coronavirus Scrubber Price Advantage!
Euronav breaks into the scrubber market amid COVID-19 price dip.
Purchased three very large crude carriers (VLCC) fitted with scrubbers for USD280.5 million.
...
The Real 2020 Impact Masked by Coronavirus, Shipowners Brace for April
As the coronavirus outbreak hits the market, it's masking key IMO 2020 issues
Analysts believe that the real effect of IMO 2020 is...
[Watch] Britain’s Battle Plan To Tackle Coronavirus Spread
Britain unveils ‘battle plan’ to tackle spread of coronavirus.
This aims to delay the peak of the outbreak until the summer.
Businesses might...
WHO Warns of Surgical Mask Shortage As the Coronavirus Spreads!
As China Coronavirus cases become stable concerns rise in other countries especially South Korea and Iran, says WHO
the death percentage from COVID19...
Bulk Carrier Runs Aground Shortly After Unmooring
Bulk carrier ran aground shortly after unmooring.
Still remains aground and efforts are on to aid her refloat.
Bulk carrier ran aground shortly after...
IMO To Decide Fate of HFO’s and Determine Scrubber Effectiveness
Shipping companies have spent more than $12bn fitting thousands of scrubbers on vessels.
Preliminary risk assessment on the PAH emissions from scrubbers was...
Mærsk Initiate Third Phase Of Shared Buy-back Program
A.P. Møller - Mærsk A/S has decided to initiate a share buy-back program.
It is for a USD 1.5 billion and a maximum...
How a Shipowner Must Navigate Through COVID-19?
CCDCP revealed that the fatality rate of those positively tested for coronavirus increases with age.
People between 10-39 have a 0.2% rate of...
IMO Establishes New Partnerships Department
New IMO department will tackle key global issues through innovative partnerships.
The focal point for developing partnerships and coordinating long-term donor-funded projects.
It...
Rates Not a Concern To Shippers! Desperate To Get Their Exports...
Rates hold steady as shippers prioritise getting exports to market and the comprehensive index of the SCFI edged down just 1.3% this week.
...
Israeli Scientists Discover Coronavirus Vaccine, To Be Available in 90 Days!
Israel scientists are on the verge of discovering a new vaccine to tackle coronavirus.
The vaccine could be ready within a few weeks...
[Infographic] Impact of Coronavirus on Global Markets
COVID-19 is arguably the biggest risk to global growth since the Great Recession. EnergyWorld.com has published a snapshot of the impact it is leaving...
Container Spot Rates Holding Up Amidst Booking Inquiries
Container spot rates from China fell slightly this week, as carriers decided it was futile to discount cargo that is currently unavailable, with...
Shippers Beware Oil Price To Weaken Further, March-April Period Crucial!
Even if OPEC slashes production by 600K barrels per day, the price of oil "could still be weak in March and April, before...
EGCS Installation Delivers a Lot More Than Anticipated
The members of the Clean Shipping Alliance (CSA) 2020 reported on the installation and performance of their respective exhaust gas cleaning systems.
All...
Weekly Maritime Security Report – Week 7, 2020
Protection Vessels International has released the 7th Weekly Maritime Security Report of 2020. The report summarized on 26th February 2020 highlights the various incidents...
Captain Murdered Aboard oil tanker
Armed assailants boarded the tanker San Ramons off the coast of eastern Venezuela,
The Captain was shot in the face and died.
Another...
DNV GL Guides on Getting the Correct Cybersecurity Type Approval
As we are gearing towards autonomous shipping, navigation and positioning system cybersecurity issues are becoming a potential area of concern.
the type-approval needs...
VLSFO Exports in Asia Persists As Coronavirus Impacts Gasoline Demand
Weak gasoline prices have led Formosa, which operates one of Asia's ten largest refineries, to lower throughput at its residue fluid catalytic crackers (RFCC),...