Looking Beyond COVID19 – How Maritime Trade Should Prepare!
Singapore port is showing how you can hold it steady during a pandemic and look beyond it.
Its high-end bunkering facility, digital technology and regulatory mechanisms is making it sail through COVID19
They...
[Answer] How To Establish A COVID19 Risk Management Plan on Ships?
As COVID19 becomes the primary concern on ships and seafarers' life, ABS has released a detailed insight on how to establish a proper COVID19 risk mamagement framework in order to smoothly operate the ship.
Here...
Shippers Cancel Scrubber Installations As COVID19 Fuel Price Spread Worsens!
Platts Analytics sees spread hitting scrubber installations this year
Shipping companies stalling and canceling scrubber installation plans.
the narrowing price differential between HSFO and VLSFO is the primary concern.
At the current oil...
Petrobras Overturns Production As Fuel Demand Surpasses Expectations
Petrobras has reversed production cuts due to the higher-than-expected demand for fuels.
It has increased production to 2.26 million bpd.
It also increased utilization rates at its refineries to 79% after cutting them...
Cruise Companies COVID19 Ready With Their Own Face Masks!
Face masks may become a normal part of cruises, reports Fox News.
Cruise Company Making Own Face Masks?
A recent patent filing suggests that a prominent cruise company may be planning on releasing its own branded face...
Drybulk Shipping Rates Plunges Due To A Lull in Global Economy
According to an article published in Seeking Alpha and authored by Clark Schultz, the Baltic dry index is facing a plunge due to a lull in the global economy.
Market conditions
The Baltic Dry Index...
Ship Owners Cut Back on New Ship Acquisitions and Investments
The demand for new ship acquisitions is diminishing.
Shipowners are refraining from more investments.
Owners are adopting a more cautious approach to their investment strategies.
Dry bulk side witnessed a further plunge of...
The Common Target Cell Areas of COVID19 Discovered!
Researchers find the 2 major proteins by which the novel coronavirus infects and look for their target cells.
Further research reveals 3 types of target cells including those in lung, intestine and nose.
...
Scrubber Retrofits Continues as HSFO and VLSFO Spread Narrows
Scrubber retrofits are narrowing in HSFO discounts.
The price spread between HSFO and VLSFO at Rotterdam narrowed by $8.50/mt to $46.50/mt.
The spread represents the fuel-saving shipowners with scrubber-equipped tonnage.
Container ships are...
Pilot Falls off Crude Oil Tanker!
Durban ship's pilot fell off a crude oil tanker while disembarking at the Durban port on Tuesday, reports TimesLive.
What happened?
A Transnet National Ports Authority ship's pilot fell off a crude oil tanker after a...