VLOC Bulk Carrier Gets Nearly Overturn Under Water!
According to Polaris shipping official statement, VLOC bulk carrier Stellar Banner was nearly capsized.
The officials said that the ship’s hull integrity in...
Seafarers’ Access To Maritime Facilities Gets Updated
The USCG Office of Port and Facility Compliance recently updated its FAQS on Seafarers’ Access to Maritime Facilities rule, adding FAQ 13 and...
Coronavirus Outbreak Impact! Maersk Warns of Really Weak Earnings This Year!
$61m loss in Q4 dragged Maersk to an overall net loss of $44m last year and expects a 'really weak' Q1 20.
Revenue...
Maersk CEO Forecasts Strong Market Rebound As Coronavirus Outbreak Peaks!
In a major development, Maersk CEO has forecasted a massive rebound in the next 2 months as the coronavirus outbreak peaks, reports Safety4Sea.
The company...
[Watch] How the Coronavirus Crisis Worsened
In this video, watch freight Waves coverage timeline of the Coronavirus crisis.
This is a pivotal moment for the coronavirus and global supply chains —...
China To Revert Sulphur Cap Implementation To Counter Coronavirus Impact!
China may delay 2020 implementation in order to counter coronavirus impact
Chinese shipping association calls for this technical adjustment for a few months
...
Top 4 Shipping Agencies Come Together To Address 2020 Fuel Quality...
With the IMO 2020 regulation in place, major shipping agencies like BIMCO, ICS, Intertanko, Intercargo etc. are trying their hardest to address potential fuel...
IMO 2020 Pricing Strategy Proves To Be Confusing for Shippers
An eco ship is a vessel is designed for enhanced fuel efficiency.
An eco ship has a higher TCE than a non-eco ship...
Marathon Predicts a Step-by-step Approach To Achieve Diesel Margins
Marathon operates 16 refineries with a capacity of 3 million barrels a day.
The sulfur content of 3.5% is far more than the...
WHO and IMO Released a Joint Statement on COVID-19
WHO has declared the outbreak of Coronavirus as a PHEIC.
It has recommended measures to limit the risk of exportation or importation of...