Container Volume at Major Chinese Ports Declined UpTo 15% in Early May!
Cargo throughput at major Chinese ports declined 5.6% and Yangtze river hub ports dropped 11.8% during the first ten-day period of May.
The container volume of eight major ports declined 7.3% and half...
COVID19 Oil Price Crash Shuts the Door for U.S. Fixed Investments!
Oil and gas sector investments have grown as a share of total U.S. nonresidential business fixed investments.
The share of the oil and gas industry’s investment of U.S. nonresidential business fixed investment is...
Can Autonomous Ships Rise Above The Doubts Looming in Shipping Industry?
Now, the next big technological change the maritime industry is looking forward to is the introduction of “autonomous ships”.
Though autonomous ships are the talk of the town for quite a while now,...
New Surge in Chinese Refineries Post COVID19 Lockdown!
Chinese refineries increased their run rates by 11 percent last month as the country began to emerge from the months-long lockdown.
At 13.1 million bpd, the April run rates were also higher than...
How Does The WHO Defend Itself Against The Charges Levelled by Trump?
According to the US President Donald Trump, the World Health Organization (WHO) has mismanaged and helped to cover up the spread of the coronavirus after it emerged in China.
Trump levelled some of...
Crew Change Fiasco: Ships Diverge To Drop Overworked Staff!
Crew change crisis takes a new turn with ships deviating to India to drop overworked staff.
Seafarers and their families have been pouring their anguish in the social media, urging the government to...
Global COVID-19 Response: Countries Call for Independent Virus Probe!
Australia was the first nation to call for an independent inquiry into the origin of COVID-19. The Government is claiming credit for "toughening up" the initial proposal suggested by the EU.
More than...
Psychosocial Impacts of the COVID-19 Pandemic
The novel coronavirus has touched off another stealthy and growing public health crisis that calls for an equally matched emergency response.
Exposed individuals may enter a state of self-quarantine to protect others.
More...
Bahri Adds New Dry-Bulk Carrier To Its Industry-Leading Fleet
Bahri has announced the delivery of the new dry-bulk carrier - Sara.
The vessel increases the company’s fleet of dry-bulk carriers to six ships in line with its efforts to expand its marine...
How Badly Will Shipping Be Battered As COVID-19 Progresses?
Most shipping sectors will see more than 200 closures in the coming months and years.
Half of the active yards have not seen any new orders since 2018.
Since 2013, more than 240...