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...

Digitally Skilled Seafarers “The Key Driver of Industry 4.0”, Says ABS...

ABS chief calls for adequate training of seafarers to cope with digital challenges, says an article published on their website. Pace of digitalization  The coronavirus pandemic...

Close the ‘Open Loophole’ on Scrubbers, Says ICCT

More than 4,000 ships have installed or ordered scrubbers to avoid using cleaner, but more expensive, low-sulfur fuels. There is a dramatic increase...

DNV GL Publishes New ‘Ship Recycling’ Guidelines

DNV GL has created a guidance paper to support shipowners’ recycling decisions. The paper focuses on shipyards not featured on the European list...

BIMCO Focuses on Contractual Disputes in New Law & Arbitration Clauses

BIMCO’s new Law & Arbitration Clause will address contractual disputes with a provision requiring parties to a contract to clearly identify who are authorised...

First Indian COVID-19 Vaccine To Enter Human Trials

India's first COVID-19 vaccine candidate approved for human trials. The DCGI has approved the company’s application to conduct a Phase I and II...

Coronavirus Shatters China and Hong Kong Share Market

The CSI SWS securities index slumped 2.7%. Around the region, MSCI’s Asia ex-Japan stock index fell 1.21% and Japan’s Nikkei index 1.92%. The...

MOL Cuts Down Fleet by 5% Over COVID19 Low Mobility Forecasts

According to ta Wall Street Journal report, Japan's biggest ship owner expects a ‘significant decline’ in global cargo will persist over the next three...

Methanol Marine Fuel Research Strengthened by Funds

The consortium of Europe’s maritime research and technology leaders launch the FASTWATER project. The project will demonstrate the feasibility of retrofit and newbuild...

COVID19 Second Wave – How & When It Occurs?

coronavirus second wave is anticipated as the disease comes under control virologists say that the virus can become milder like other viruses, although...

Oil Prices Rise Over Economic Revival Amidst COVID19 Second Wave Fear

According to a Reuters report, oil prices rose about $1 a barrel on Monday, after bullish data from Asia and Europe, but investors are...

Preparations, Flexibility, Timely Action – The Key To Smooth IMO 2020...

According to Peter M. Grunwaldt, the Vice President of Hafnia Bunkers, there are three pivotal steps that could change the course of IMO 2020...

12 Crew Missing in Bulk Carrier Hit & Run Case

  A recently published article in the Maritime Bulletin brings out the actual state of the hit and run case by vessel in Mindanao, Philippines. What...

[FAQ] Interventions That Foster Seafarers’ Well Being During COVID19

The COVID19 pandemic is making all our lives miserable, especially the seafarers who are stranded at sea, exhausted and overworked with no hope of...