Fifteen Seafarers Remain Stranded on Rudder-less Tanker Ship!
The International Transport Workers' Federation (ITF) reported that 15 seafarers remain stranded onboard the Spanish-flagged ship MV Celanova.
The vessel does not have...
Singapore’s First Commercial Drone Delivery Launched!
On April 19, F-drones completed the first commercial beyond visual line of sight (BVLOS) drone delivery in Singapore.
The 2.7 km flight delivered...
[Infographic] COVID19 Impact on Port Capacity Utilization
The IAPH-WPSP Port Economic Impact Barometer survey outlines the port capacity utilization with respect to the COVID-19 pandemic.
Warehousing and distribution activities in ports may...
COVID19 Oil Crisis Can Lead To Permanent Workforce Loss for Oil...
A career in oil used to be an attractive option for college students and high school grads alike but now everyone seems to be...
What Seafarers Face Inside A Pirate Attack!
A Seafarer's life is full of risks and challenges especially if they are working in a piracy prone area. Here's a story of one...
[FAQ] COVID19 Exposure Measures for Shipowners and Crew!
As the COVID19 pandemic is making life and trade miserable, we all need to take adequate measures to mitigate the exposure risks, especially one...
Floating Storage Clauses – What Is Covered & What Isn’t?
As floating storage gains momentum and tankers are taken out of the market to store oil, the floating storage clauses have become important. So,...
Freight Rates Remain Steady Despite Container Rollover Increase!
According to a LoadStar article written by Mike Wackett, Ocean carriers are successfully underpinning freight rates through capacity discipline, with reports of container rollovers...
COVID19 Stranded Seafarers To Be Evacuated!
Stranded indian seafarers reaching out to government to help them reach home.
Indian government tracking seafarers all over the world and planning for...
World’s Largest Container Line Shares Fall by 6%!
Shares in A.P. Moeller-Maersk fell more than 6% this week recently.
This happened after the Danish shipping giant warned of a sharp drop...