Shipping Recovering As The Virus Is Contained and Demands Surge

Despite much preparations, the shipping industry was caught off guard when the coronavirus outbreak broke out. At a time when they were getting ready...

All Female Crew Cruise Ship Makes the Historic Sail

For the first time in cruise history, All Female bridge crew is set to sail a cruise ship, writes Ben Souza for an article...

‘Unprecedented Surge’ in Scrubber Enquiries, Says Consultants

Scrubber enquiry surges after doubts over the quality and availability of 0.50% sulfur content new fuels. Shipowners demands assurance that the systems have...

Tanker Crew Kidnapped in Gulf of Guinea

As per media reports a fresh kidnapping has occured in the Gulf of Guinea were a tanker has been attacked and 10 crew members...

IMF Offers $50bn for Coronavirus Hit Countries

IMF provides $50bn to fight coronavirus outbreak. Organisation warned about the slowdown in this year’s global economic growth following the outbreak. Governments and...

Baltic Exchange And Freightos Unveil Visibility in Freight Rates Indices

Daily spot ocean freight rate indices for 40-foot containers are available via the Baltic Exchange and the Freightos. It will add real-time, transparent...

What Will Happen To Shipping If Crude Prices Collapse?

Crude prices are facing a bleak future with coronavirus and collapse of OPEC+. Saudi Arabia ramping up from production from 9.7 million barrels...

Cyprus Shipping Industry Feels The Effects of Coronavirus

Cyprus has been negatively affected by the worldwide spread of coronavirus. Purchases and repairs of several ships have stopped as a consequence of...

Importance of Targeting Fake News in Times of Coronavirus

The UK has decided to introduce other strict measures to combat coronavirus. It is planning to delay the opening of schools and enforce...

Coronavirus Makes Container Shipping a “Cut-Throat Business”

Coronavirus snarls Trans-Pacific shipping and ripples through U.S. business, write Jesse Newman and Jennifer Smith for the Wall Street Journal. The coronavirus epidemic is upending...