FOBAS Alerts on Low Flash Point Distillate Marine Fuel Oil in...
FOBAS issued an alert regarding the presence of low flash point marine fuels in Antwerp, reports Manifold times.
FOBAS safety concern
The Lloyd’s Register Fuel Oil...
Foreign Flagged Ships Detained in the UK During April 2020
The Maritime and Coastguard Agency (MCA) announced that five foreign flagged ships remained under detention in UK ports during April 2020 after failing port...
CDC Plans Sweeping Seroprevalence Research To Track Coronavirus Spread!
CDC is reportedly planning to launch a nationwide study in 25 metropolitan areas testing blood from donors to examine the spread of coronavirus...
General Cargo Carrier Runs Aground Twice!
Latvian freighter gets double grounded at Denmark, writes Nikolay Torkin for Maritime Bulletin.
Rix Amethyst runs aground
General cargo ship Rix Amethyst ran aground while leaving...
P&I Claims: Wet Cargo Damage Due To Hatch Cover Leaks
Over 40% of all P&I claims are due to damaged cargo caused by water ingress from hatch covers.
Even the smallest leak can...
OPEC Reduces 2020 Crude Demand by 2.23 Million BDP
Price of a barrel has dropped -0.93% from a high of $26.94 bbls to a low of $25.27 bbls.
OPEC members are scrambling...
Global Piracy on The Rise, COVID-19 Can Worsen It Further!
Armed robbers regularly attack ships in and around the port of Guayaquil.
Handling most of Ecuador’s agricultural and industrial imports and exports
Ships...
Capes Lose 10,000 A Day This Year With Mounting Losses
Capes ducked below $2,000 a day with losses mounting.
Average every cape trading has lost around $1.35m so far in 2020.
Freight rates...
Container Import on A Roller Coaster Ride Due To COVID-19
U.S. container imports plunged after the initial coronavirus outbreak and improved later.
It sank again after social-distancing rules shut down U.S. businesses.
Container...
Container Market Up for 25% Volume Slump, Warns Maersk
In a major development, the world’s largest container line, Maersk is bracing for a historic slump in demand after emergency lockdowns across the globe...