COVID-19 Impact: Headhaul Capacity Withdrawn from Tradelanes Reaches 3m teu!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...