Coronavirus Pandemic Sparks an Unpredictable Mega Global Recession
The coronavirus has already created a deep global recession.
In the best-case scenario, the virus may last one quarter. In the worst-case scenario,...
[Watch] US Finally Bells The Cat, Declares COVID19 Tragic Days Are...
In a major development, President Donald Trump finally leveled with America about the desperate reality of the coronavirus pandemic, warning of cruel weeks to...
Seafarers Corona Testing To Safeguard Maritime Workforce!
In a major development, the US Coast Guard has issued a circular urging mandatory COVID19 testing od ship operators and seafarers, says a press...
How Has the COVID-19 Pandemic Impacted the ULCS Market
Large container ship orders have recently increased but the coronavirus will lead to slippage and suspended orders.
Faced with rising slot prices on...
China Lockdown Ease Can Bring A Second Wave of COVID19 Outbreak!
Now that China is slowly coming alive as restrictions and lockdown ease, the world is looking at it with more attention. With the pandemic...
Can A Cuban ‘Wonder Drug’ Save the World from the COVID19...
As the world is reeling under the COVID19 pandemic and every country is looking for a coronavirus cure, Cuba bells the cat and starts...
U.S. LNG Tanker Heading To China! First After Tariff Raise On...
Laden LNG tanker heading to China from U.S., first since March 2019.
The tanker SK Resolute loaded the cargo from the Cameron LNG...
Demand for Storage and Transport! Supertanker Freight Rates Double!
Oil tanker rates rise for a second time this month as the producers, refiners and traders scramble to secure ships to transport crude...
[Watch] MR Tanker To Be Tested on 100% Biofuel
Stena Bulk Performs a Test Running an MR Tanker on 100% biofuel.
MR1-100 bio-fuel oil, produced from used cooking oil bunkered onto the...
[Infographic] COVID19 Causes Historic Surge in US Unemployment Benefits
The coronavirus outbreak has infected more than 550,000 people. Its spread has left businesses around the world counting costs.
Here is a chart that will...
[Watch] Ship Crane Catches Fire While Loading!
Firefighters deal with ship crane fire at Royal Portbury Dock.
A piece of loading equipment caught fire whilst loading and the ship was...
COVID19 Port State Control Guidance from USCG, Indian Ocean MoU &...
The USCG issued guidance regarding the difficulties the international shipping and transportation industry is facing during the COVID-19 pandemic, reports Safety4sea.
Noting the impact of...
Mega Container Vessel Remains Marooned Awaiting Virus Screening Results
Mega container ship CMA CGM Marco Polo was denied to enter Algeciras Spain after Master reported one sick crew with fever.
The vessel...
Cargo Vessel Goes Down Following Collision
Cargo ship Xinda 9 collided with fishing vessel Zhepuyu 34197 in Zhoushan waters.
All crew members were rescued by joint efforts of rescue...
[infographic] COVID19 Causes Oil Prices To Hit A 18 Year Low
COVID19 causes Oil prices to hit a 18 year low, writes Lora Jones, David Brown and Daniele Palumbo for BBC.
Investors fear that the global...
Weekly Bulk Report – Week 13, 2020
The Baltic Briefing has released a report about the dry bulk market of the 13th week of shipping activities of this year. The report...
How COVID19 Hits Supply Chain – A Major Corona Affected Country...
Italy's maritime sector has slowed due to lockdown and undercut trade connections with the rest of the world.
The country’s shipowners asked for direct...
COVID19: A Port With No Vessel Restrictions!
Corpus Christi's port has operated continuously in the weeks amid COVID-19 threats.
The virus began spreading in the United States and throughout Texas.
...
COVID19 Crisis Guidance for Paris MoU Member States
In a major development, the Paris MoU has announced that they have developed temporary guidance for its Member Authorities during the COVID-19 crisis, reports...
[Infographic]Coronavirus Reduce Smartphones in the Market
Sales of new phones have collapsed in the biggest fall since the invention of the smartphone., reports BBC
What's the Scenario?
Research firm Strategy Analytics...
