OPEC+ Strikes Deal To Cut Oil Production by 9.7 Million BPD
Saudi Arabia and Russia struck a deal with oil-producing nations to slash production.
This an attempt to stabilize a market that has been...
EU Issues Guidelines To Implement Fast-Track Crew Changes
EU proposes designation of specific ports for fast-track crew changes.
The guidelines adopted include sanitary advice, recommendations for crew changes, disembarking, and repatriation...
COVID-19: Regulators Divided Over the Use of Anti-malarial Drug!
U.S. and French authorities have authorized the use of chloroquine and hydroxychloroquine.
However, the EU regulator and WHO say the science doesn't support...
Shipping Industry To Fund $500 Million for Climate Solutions
Faig Abbasov in Climate Change News, elaborates on the $500 Million fund proposed by the shipping industry to support the research into climate solutions.
Noteworthy...
Seafarers’ COVID19 Travel Restrictions Putting the Whole Industry at Risk!
According to a LoadStar article written by Sam Whelan, time is running out to lift travel restrictions on seafarers and keep global trade moving,...
Low Bunker Prices Aiding in Carriers Rerouting Bypassing the Suez Canal!
According to a LoadStar article written by Mike Wackett, with shippers seeking longer transit times during coronavirus lockdowns, carriers are considering routing some Asia-North...
Suezmax Crude Tanker Disabled! Suffered Engine Failure!
Suezmax crude oil tanker suffered engine failure in southern Bosphorus, shortly after commencing northbound Bosphorus transit, reports Maritime Bulletin.
What happened?
Suezmax crude oil tanker MILITOS...
A Non-App Based COVID19 Contact Tracing from Google & Apple!
A new phone-based technology to detect COVID19 contacts is being developed by Apple-Google in partnership.
A third of world's population can be monitored...
First Financial Institution To Join TradeLens Digital Shipping Platform
Standard Chartered Bank becomes the first financial institution to join TradeLens, the blockchain-enabled digital container logistics platform, says a press release published on their...
IMO Prioritizes Cyber Risk Management
Safety4Sea, reports that digitalization and rapid technological developments in maritime sector have provoked a speedy action to protect the well-being of seafarers and the...
COVID-19 TWIC Operations! USCG Sets Temporary Exemptions!
USGG sets temporary exemptions concerning TWIC operations.
The regulations outlined throughout 33 and 46 Code of Federal Regulations remain in force.
The Coast...
Guidelines To Ensure Availability and Supply of Essentials Amid COVID-19
EU issues guidelines ensuring availability of goods amid COVID-19.
A set of guidelines concerning the rights of all EU passengers during the coronavirus...
Pandemic Crisis Will Not Delay Delivery of ‘World’s Largest Containership’!
HMM To Take Delivery of the ‘World’s Largest Containership’ in April Amid Pandemic Crisis.
The first in a series of seven under construction...
COVID-19: WTO Predicts World Trade To Fall by 32%
WTO reported that world trade is expected to fall by up to 32% in 2020 due to COVID-19.
It can range anywhere from...
IMO Issues Ultimatum for Shipowners To Concentrate on Cyber Security!
IMO has given shipowners and operators until 2021 to incorporate cyber risk into ships.
COVID-19 pandemic has led to malicious cyber-attacks to take...
Nuclear Container Ship Sails Icy Waters, Delivers 20,000 Tons of Goods!
Sevmorput broke through thick Arctic ice on its way to the Utrenneye port.
The nuclear-powered container ship delivered 20,000 tons of goods.
The...
Chinese Flock To Tourist Sites After Government Lifts Ban! Third Wave...
After the Chinese government lifted traveling bans, people are flocking to popular sites.
Authorities are issuing notices declaring parks had reached its 20,000...
COVID-19 Outbreak: LNG Commodization Tumbles With Steady US Gas Supply
Coronavirus keeps US gas oversupplied as LNG demand wanes.
With gas supply expected to tighten through the fourth quarter, forwards prices at the...
P&O Maritime Orders Two Chinese Newbuilds
P&O Maritime Logistics has secured a contract to build two vessels to support Ok Tedi Mining Limited’s (OTML) growing export requirements.
The vessels,...
Essential Maritime Services To Continue Amidst Lock-down
Port of Singapore will remain open for cargo operations and will continue to provide essential marine services, including bunkering, ship stores and ship...
