Fatal Consequences of Inadequate Heeling!

An article in Hankyoreh details the assessment of MARIN, a maritime research institute located in Wageningen, the Netherlands, on the lessons of the Sewol ferry...

Cosco Shipping Lines Launch EMA Service To Offer Key Port Amenities

Cosco Shipping Lines is launching a new dedicated East Mediterranean - US East Coast (EMA) service in April. EMA will offer dedicated service...

IACS Address COVID19 Concerns With A Letter To Industry Associations

IACS has received many requests from interested parties seeking guidance on how it will respond to the current and forthcoming challenges posed by...

Grounded Product Tanker Gets Re-floated!

Product tanker Volgoneft 249 ran aground in Kama river estuary downstream from Kazan city. The tanker was loaded with gasoil and was en...

[Infographic] COVID19 Impact on Worker Availability at Ports

  The IAPH-WPSP survey explains how the COVID-19 outbreak has impacted the availability of workers at ports. Huge impact on worker availability The measures to fight the...

Tests Confirm 150 COVID-19 Cases in New Cruise Epicentre!

Nearly 150 cases of coronavirus infection have been confirmed onboard quarantined cruise ship. 57 more crew had tested positive. The cruise ship was...

UN Warns Global Economy Could Shrink by 1% Due To COVID-19

  The global economy could shrink by up to 1 percent in 2020 due to COVID-19. UN-DESA said the pandemic is disrupting global supply...

COVID19 Bunker Credit Proving To Be the ‘Achilles Heel’ of Shipping!

  Despite its strength and significant role in world trade, the shipping industry is potentially vulnerable to an “Achilles heel” where financing its bunker fuel...

Save Livelihoods, 87% of World Up for Per Capita Income Shrinking:...

How do you co-ordinate economic policy across the globe, when an invisible enemy that behaves in unknown ways systematically erodes the very way economies...

The Global Oil Glut! Arises a Surprise Winner!

The world witnesses historic OPEC+ production cut deal.  No oil demand across the world amid lockdowns and travel restrictions.  Oil storage capacity around...

Shut Down or Find Space – Oil Majors Scramble for Storage...

According to a Reuters report, oil traders are struggling to find enough ships, railcars, caverns, and pipelines to store fuel as more conventional storage...

COVID19 Lockdowns – How Epidemic Modeling Works & How It Doesn’t?

Epidemic modeling such as compartment models is the key to develop a pandemic control strategy. Compartment models seek to align the infected in...

Crew Change Response Starts After IMO Prodding!

China takes measures to facilitate crew change in a safe manner, responding to IMO guidance and ICS & ITF joint calls to facilitate the...

Scrubber Revenue: A Distant Dream Due To Rotterdam HSFO Discount

Discount for high sulfur bunkers in Rotterdam has for the first time narrowed to under $50/mt. The spread between high sulfur fuel oil...

Container Shipments Set To Fall 30%! A Setback for Shipping Giants?

Global container shipments are set to fall 30% in the next few months, as retailers ask shipping companies to push back deliveries. Shipments...

The Whole Oil Market’s Gone Absolutely Nuts!

  No takers for jet-fuel and gasoline.  Oil refiners run after vessels to store fuel for future market.  Freight rates to sharply rise in...

COVID-19 Cripples Container Shipping Capacity in April!

Covid-19 hits the global container shipping capacity. About 11% of sailings are cancelled in May on all the mainlines trades. Nearly, 302...

Euronav’s Contango Opportunity, Can It Benefit from The COVID-19 Situation?

Euronav owns both the Europe and Oceania Ultra Large Crude Carriers, which it operates as floating storage. The company also owns 39 VLCCs...

IMO 2020: Increasing Number of Shippers Opt for Scrubbers

99 percent of SO2 emissions come from human activity, primarily burning fossil fuels. IMO is seeking to reduce SO2 emissions as the shipping...

‘Chat to a Chaplain’ Launched To Provide Remote Support for Seafarers

Mission to Seafarers announced the launch of a digital chaplaincy service. It will provide seafarers with remote support amid the COVID-19 pandemic. The...