Dry Bulk Shipping Market Fate Hinges on Coronavirus Containment!
Coronavirus causing disruptions in trade Flow making dry bulk shipping jittery
Markets seeing untenable Rates for shipowners
As China contains the virus and...
Revolutionary Features Revealed To Boost Up BWTS Market
Ballast water treatment system manufacturers reveal revolutionary solutions that will positively impact the container market.
Hyde Marine made the changes to the system...
Onboard Compliant Fuel Testing Range Launched To Minimize FAME Risks
IMO 2020 marine fuel onboard testing and treatment range launched to provide fuel Conservancy solution to the shipping sector.
The range helps to...
Cruise Line’s Cancellations On The Rise Due To Coronavirus
Several cruise ships have rerouted or canceled their operations due to virus.
Celebrity Cruises has moved its schedule three months earlier.
Celebrity Constellation...
How Containers Get Lost at Sea?
According to a report published in Gov.UK, on an average 1,390 containers lost at sea each year.
Summary of the incident
On 20 January 2018, the...
EU Shipping Sector Generates €149 Billion Amid Growing Pressure
Oxford Economics presented the EU's progress.
The economic sector is under pressure due to difficult market conditions.
The spillover effects to other sectors...
Shipping Industry Adopts Operational Measures To Combat Coronavirus
The shipping industry is adapting to operational changes due to virus outbreak.
High priced VLCC cargoes are lightered into cheaper vessels to avoid...
EU Makes Addition To the Tax Haven Blacklist
EU finance ministers added Panama, the Seychelles, the Cayman Islands and Palau to the EU’s blacklist of tax havens, while sparing Turkey.
The...
Weekly Maritime Security Report – Week 5, 2020
Protection Vessels International has released the 5th Weekly Maritime Security Report of 2020. The report summarized on 12th February 2020 highlights the various incidents...
Containership Runs Ashore! Channel Traffic Suspended!
Container ship AS Filippa reportedly ran aground on February 18, when entering Barranquilla from Cartagena.
The ship was refloated with the help of...
Cargo Ship Goes Down With Crew!
China flagged cargo ship Shenzhou 19 sinks in Zhoushan en route to Guanzhou.
Hypothermia killed 3 crew members, while 3 other sea men...
Harder To Ship As Goods Getting Stranded at Ports!
coronavirus outbreak is taking a toll on vessel availability as most carriers have decreased the no. of vessels chartering.
Goods are getting stranded...
Digitalization Comes To the Rescue As Shipping Evolves To Tackle Fires!
Industry reaction on containership fire measures are good but requires a long-time to learn
It's not just dangerous goods but all sorts of...
[Answer] Shipowners’ Obligations & Liabilities When Crew Gets Virus Infected
With the coronavirus outbreak taking center stage in every area of life these days, shippers are largely left in the hang how to handle...
Container Shipping Major Adds Congestion Surcharge in China!
Ocean Network Express announced reefer containers to be discharged at an alternative port without prior notice.
Due to shortage of reefer plugs availability,...
What It Takes To Produce A New VLSFO for the European...
A new LSFO marine fuel is making its way into the European market
developed by OMV Petronum this 0.5% sulphur content fuel will...
Baltic Index Peaks To 2-week High, Capesize Still in Negative Zone!
Baltic index jumps to 2-week high, capesizes stay in negative zone.
The capesize index gradually gained for a second straight session, up 30...
Unique Coronavirus Tracking Tool Only for Shippers!
In a major development, the North P&I Club has announced that they are launching a new digital tool that will help shipowners and operators...
Wärtsilä Helps Ship Owners and Operators Get More Worth Their Money...
Wärtsilä extends support to ship owners and operators get more worth for their money from onboard assets.
7 ways to make a ship...
Haven’t Even Scratched The Surface of Coronavirus Knock-on Effects!
As the Chinese workforce returned to work, markets are starting to evaluate the coronavirus knock-on effects.
Many fear that we haven't reached the...