Onshore Storage Hubs Hit Limit! Tankers Pile Up Sea Lanes!
Tankers pile up off Europe's coast as onshore storage sites hit limits.
Nearly 1 million tonnes of refined products are parked on around...
A Gene Editing Tool To Revolutionize COVID19 Diagnosis!
The Science Writer of Technology Networks, Anna MacDonald highlights how the CRISPR gene-editing tool can aid coronavirus diagnosis, says an article published in the...
COVID19 Leading To A Low Bunker Spread Record Low & Scrubber...
Q1 saw record low bunker spread and scrubber premium sliding.
Bunker price differential to end the quarter at $79/mt (Rotterdam prices on March...
COVID-19 Impact: Headhaul Capacity Withdrawn from Tradelanes Reaches 3m teu!
Mike Wackett writes in The Loadstar about the withdrawl of headhaul by Asia-Europe and transpacific carriers to a maximum capacity of 3 m teu. ...
Global Appeal To G20 Leaders To Aid Crew Changes
The Cyprus Shipping Chamber appealed to G20 leaders to enable crew change, reports Safety4Sea.
What is the appeal?
The Cyprus Shipping Chamber (CSC) joined a global...
Importance of Nonlinearity of Bunker Component Properties and Its Solutions
A recent news report published in Manifold Times features the paper titled "IMO 2020 and the importance of nonlinear blending properties calculation" . The...
Importers Face Unprecedented Container Congestion Due To Lockdowns
Global container supply chains are facing a congestion crisis.
Boxes pile up at ports, and container freight stations expand and spread.
Social lockdowns...
Thirst for Oil Vanishes, Leaving Industry in Chaos!
2020 has unleashed a world-wide oil-production cut led by the U.S., Saudi Arabia, and Russia.
Due to lockdown crude-oil demand has collapsed as...
COVID-19 Ten Times Deadlier Than Swine Flu! Confirms WHO
WHO has confirmed that coronavirus is ten times deadlier than the swine flu.
Coronavirus outstripped the fatalities caused by the H1N1 strain tenfold.
...
Can Containerships Be Converted To Floating COVID-19 Hospitals?
Container ships to be converted into giant hospitals.
These hospitals could sail to cities most impacted by a coronavirus.
It is under a...
Global Shipping Company Announces Time Charter for Capesize Vessel
Diana Shipping Inc., has entered into a time charter contract with Oldendorff Carriers GmbH & Co. KG, Lübeck, Germany.
The charter is for...
Vessels With Open Loop Scrubbers May Face Penalties!
In its latest warning to members, Standard Club has issued ban of open loop scrubbers in Turkish waters.
There are concerns that the...
Global Newbuild Orders Take a Hit!
Based on BIMCO data, newbuild orders in the first quarter of the year slumped 55% year-on-year.
Only 6.6m dwt ordered across the three...
Singapore Readies ‘Floating Accommodations’ for Workers To Tackle COVID-19
MPA Singapore and partners launch floating accommodations to tackle COVID-19. Specifically, the joint initiative will be used to house healthy foreign workers.
The...
Maersk Sails Through COVID19 by Offering Digital Platform Services!
In a major development, Maersk, the global logistics company, urged their customers to make full use of their online platforms to stay safe and...
COVID19 Online Business Model To Make ‘Business As Usual’ in Shipping!
CMA CGM launches a unique system to keep the shipping business going
Known as the business continuity pack, it helps shippers, clients and...
Multipurpose and Heavy Lift Prospects Not So Bright! Says Drewry
The latest prediction by shipping analyst Drewry for multipurpose and heavylift (MPV/HL) shipping is that demand growth for breakbulk and project cargo would be...
COVID19 Accelerating Digitization in Shipping!
An article published in Port of Gothenburg website highlights how COVID19 with all its uncertainties can work for the betterment of the shipping industry....
Surge in Tanker Rates Continue, Oil Storage Unlikely To Continue Beyond...
Asian clean and dirty tankers witnessed the best first quarters in years.
It was traders rushed to store oil products on the water...
[Answer] How To Make A COVID19 Vessel Hygiene Plan?
During the COVID-19 pandemic, more than ever maintaining a good housekeeping onboard can help prevent the virus spread, reports Safety4Sea and we agree to...