Ship Orders To Bounce Back Amid Coronavirus Hits?
Ship orders collapse owing to COVID hits and regulatory risks, writes Greg Miller for Freight Waves.
Plunging newbuild orders
Pre-COVID, the bull case for shipping rates...
[Watch] World’s First Tiltable Rotor Sail Unveiled
Norsepower Oy Ltd. and SEA-CARGO announce an agreement to install two of Norsepower’s largest Rotor Sails on board the SC Connector, a sidedoor...
Chartering & Financial Facility Lead To $20m Profit for Ardmore
According to an Independent article, Ardmore Shipping, a Cork-based shipping company listed on the New York Stock Exchange, has posted net income of $20.1m...
Maersk New Mooring Rope Design More Safe, Cuts Cost
In a major development, shipping giant Maersk has announced that they will begin implementation of an innovation called Snap Back Arrestor (SBA) ropes on...
How the Seafarers’ Mission Function
Amidst the raging pandemic and the excruciating trapped feeling inside ships without crew changes, seafarers are at a dire state looking for a safe...
Tracking How COVID19 Is Fostering Long-term Chronic Illness
Scientists are gearing up to study the long term effects of COVID19 which has shown the development of severe chronic illness amongst people.
...
CEO Takes Pay Cut Until Company Profits Return
CEO of CSBC Corporation has voluntarily taken a major salary cut.
He will receive a minimum salary of TWD23,800 ($810) until the company...
Improper Oil Filter Cleaning Leads To Second Degree Burns
The UK P&I CLUB published a detailed report on minimizing the risk of seafarers suffering burns at sea.
Burns - a life-changing and threatening injury
Burns...
Weekly Tanker Report – Week 31, 2020
The Baltic Briefing has issued the tanker report for the 31st week of this year. The report dated 31st July 2020 provides a valuable...
Armed Guard Hijacks Bulk Carrier
According to an article published in Maritime Bulletin, an armed guard rioted and took control of a bulk carrier.
What happened?
A rather unusual incident involving...
Cruise Study Reveals How COVID19 Aerosol Transits
A computer model of the cruise-ship outbreak found that the virus spread via microscopic droplets.
700 of the 3,711 passengers and crew members...
Chinese Bound Crude Volume Fall Hints Faltering Demand
Tankers bound for the Asian country has reduced due to buying weakness.
The Chinese bound crude volume plunged to its lowest level since...
Ocean Carriers Handling Market Volatility Better
The Hindu Business Line interviews one of the leading personalities of Indian Shipping Sector, Bharat Sheth, managing director (MD) and Deputy Chairman of 'Great...
Steady Oil Prices in the U.S. Notch Monthly Gains
Last week, the oil prices rose on Friday and were on track for monthly gains, benefiting from news that U.S. oil output cuts...
$1.5 Million Fine for Illegal Oily Water Discharge
Misuga Kaiun Co. Ltd. (MISUGA), Japanese shipping company has been fined $1.5 million for concealing illegal discharges of oily water.
The chief engineer...
Biggest US Oil Majors Register Deepest Q2 Losses
Wall Street expected Exxon Mobil Corp. and Chevron Corp. earnings to be bad, but not this bad.
America’s biggest energy companies delivered their...
New Safe Mooring Guideline by DNV GL
Mooring is among the most common of all maritime tasks, yet mooring operations are far from standardized, reports DNV GL on their website.
In order...
Residual Fuel Sales To Stay Strong Amid Tightening Supply
Strong sales in the Singapore low sulfur bunker fuel market seen in the week ended July 30 are likely to continue into first-half August,...
MARPOL Bunker Delivery Note Reminder by IBIA
IBIA reminds the bunker supply community about the importance of ensuring the bunker delivery note comply with MARPOL Annex VI.
It also requires...
New Digital Platform Addresses All Your Event & Interaction Needs
CMA Shipping has developed a unique strategy to offer customized solutions to shippers and customers with a virtual exhibition meeting system, says their website.
Our...