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...
[Watch] How Coronavirus Affects More Men Than Women!
According to a Labroots article written by research scientist Carmen Leitch , more and more data gathered from an unfortunate and dramatic rise in the...
Armed Men Seize and Release Tanker off Strait of Hormuz
According to an article published in APNews and authored by Jon Gambrell, armed men boarded a Hong Kong-flagged tanker ship off the coast of...
Sino-Global Signs Share Purchase Deal With Shanghai-based Shipping Company
Sino-Global Signs Share Purchase Agreement to Acquire Majority Stake in Shanghai-based Global Shipping Company Mandarine Ocean Ltd, says a press release published on their...
COVID-19 Port Admission Rules Gets Tightened for Ships
The port of Rotterdam has tightened regulations for ships both incoming and outgoing vessels in the port area, says a press release published on...
PPE Shipments for COVID-19 Kept Moving! Priority Ocean Services On the...
Ocean services an alternative for commodities grounded by soaring air freight rates.
ECU Worldwide launched xpress service to offer a faster maritime link...
Tanker Crew Fell Overboard Fixing Pilot Ladder and Goes Missing!
Tanker crew fell overboard while fixing a pilot ladder to take the pilot on board, on arrival at Fos-sur-mer, France went missing, reports Maritime...
Employee Software App Offered Free for Firms To Cope With Covid-19
A recent article in the loadstar briefs about the pressure faced by logistics sector in the U. K and the timely support provided by...
Contango Market Widens! Traders Rush for Storage Space!
Rajesh Nair and Rohan Menon throw light on the present market situation concerning crude oil and LFSO in an article published in Platts. They...
El Faro Makers Bags $300m Worth Training Vessel Order from MMA
Maine Maritime Academy has placed a $300 million order for training vessel.
The construction was contracted out to a Philadelphia shipyard.
Philly Shipyard...
ClassNK Issues Warning To Shipowners Over Scrubber Corrosion
According to an article published by Ship and Bunker news, Classification society ClassNK has issued a warning over reports of corrosion on scrubber-equipped vessels...
Spot Activity for Asia Pacific Panamax Drybulk Hits 2-year Low
The spot fixture activity in the Asia Pacific Panamax market for shipping dry bulk plunges to the lowest since 2018.
Busiest Panamax routes...
US COVID-19 Deaths Surpass Italy! Highest in The World
The U.S has surpassed Italy with the highest number of deaths due to the COVID-19 pandemic.
The fatalities have crossed 24,480 as the...
