Massive Trade Losses in COVID19 Shutdown!
No V-shaped recovery in sight after the large-scale shutdown of economic activity and the virus poses a risk to globalisation, says BIMCO CEO, Peter...
Shipping Goes Digital in Lockdown To Limit Costly Paper Trail!
According to a Reuters report, the coronavirus lockdown has accelerated a digitalization drive in a global shipping and logistics sector that still routinely delivers...
Why Digitalisation in Shipping Industry Is at a Faster Pace?
The Maritime CEO Tech Leader Series powered by Ocean Technologies Group gives viewers thoughts on how shipping will evolve with technology.
Sponsored by...
Floating Storage at Record High on Asia Inventory Logjam!
According to a Lloyd's List report, floating oil storage is at a record high now as more than 275m oil barrels is tracked by...
Ships Altering Tracking Transponders To Be Fined!
According to a Reuters report, Panama’s Maritime Authority said it will impose sanctions on vessels, including fines of up to $10,000 and withdrawing its...
Fluctuating Bunker Prices Puts An End To TC Revenue
Bunker prices fluctuate with the oil markets but even after stripping out the effects of crude, prices between ports are still extremely volatile.
As a result,...
How The Asian Practice of Flushing Sinuses Helped Tame COVID19!
The coronavirus pandemic has had global reach, affecting most developed nations within weeks of it taking over the Wuhan province of China from which...
Fire Onboard Puts Ship in Trouble But Crew Members Safe
FPSO TERRA NOVA, positioned E off Newfoundland and Labrador in the Atlantic, suffered fire on board either early May 30 or late May 29.
What...
Viswa Lab Analyses The Cost of Shipping Oil Around the Globe!
The OPEC + strong production cut bolstered the crude prices by almost 80% and slashed the amount of crude oil movements around the world,...
Cancelled 2020 R&D Leadership Shows COVID19 Reality!
In March 2020, due to coronavirus fears, RDL organizers decided to pull the plug, following other big events such as South By Southwest...