US Terminates Shipping Tax Treaty With Hong Kong

  US Department of State Terminates Shipping Tax Treaty with Hong Kong. Section 883 exemption implied wherein a non-US entity treated as a corporation...

Crisis-hit Australia’s Shipping Industry Offers ‘Third-World’ Services

Australia’s shipping industry is in “disarray”,  according to angry forwarders and transport operators. The crisis escalated with more planned industrial action, crammed storage...

Master & Chief Engineer Fined Over Vessel Grounding Case

The Master and Chief Engineer both entered guilty pleas in the Tauranga District Court on 10 Sep. after admitting charges relating to grounding...

Foreship Launches ‘4-Step Plan’ for Disease Free Ships

Ship engineering firm Foreship has launched a four-step plan to build vessels that are resistant to the spread of coronavirus - Project Hygiea. ...

Shipping Sector Continues To Thrive Amid Growing e-Commerce Demand

A plethora of factors including urbanization, availability of a wide range of products online, and a rise in online marketing increased the market...

Wärtsilä’s Cloud Simulation Solution To ‘Revolutionize’ e-Training

The technology group Wärtsilä has successfully delivered its brand-new Cloud Simulation solution to Abu Dhabi Maritime Academy. Comprising a combination of cloud-based solutions,...

Tanker Scrapping ‘On the Rise’ Amid Dampening Oil Demand

  The fall in crude oil demand has hit the tanker market hard. The oil price dip led to the surge in Chinese imports...

Virus Stricken Seafarer Shifted To Home for Recovery

The container ship Lexa Maersk had to interrupt her voyage and call Charlotte Amalie, US Virgin Islands, to medevac an ill seaman with...

Labor Day Festivities Spread COVID19 Infection, US Asks People To Test

According to a CNN report, people who let down their guard and got too close to others over Labor Day weekend should get tested...

Weekly Tanker Report – Week 37, 2020

The Baltic Briefing has issued the tanker report for the 37th week of this year. The report dated 11th September 2020 provides a valuable...