Fact Finding Officers To Verify COVID-19 Impact on Cruise Lines!
The Federal Maritime Commission designates Commissioner Louis E. Sola to serve as the Fact Finding Officer for Fact Finding 30, “COVID-19 Impact on Cruise Industry”.
He will lead a fact finding investigation and work...
Port Measures and Restrictions in Place To Deal With COVID-19 Outbreak
According to an article published in the North, in response to the 2019-nCoV novel coronavirus outbreak, a number of countries, ports, and organizations are publishing details of the measures being put in place.
Summary of...
[Watch] ICS Supports Seafarers Across the Globe During COVID-19 Crisis
ICS offers its full support to the shipping community during this COVID-19 crisis, which caused the shipping industry many barriers and challenges to overcome, says an article published on its website.
#HeroesAtSeaShoutOut campaign
The International Chamber...
Is COVID-19 The End of The Road for The U.S Oil Industry?
2020 global oil demand may average 20 million barrels per day lower than in 2019.
U.S. gasoline comparative inventory has increased by 30 million barrels since March 20.
This is a record level...
Suez and Panama Canals Offer Inducements To Keep Ships Transiting
Shipowners opt to take "the long way round" to avoid expensive canal transit fees.
Authorities of both canals offer inducements to owners to keep using their respective waterways.
Suez Canal had decided offer...
[Watch] Fighter Stuck Between River Banks!
Freighter stuck between river banks, Suriname, South America on Apr 27, reports Maritime Bulletin.
What happened?
According to reports, general cargo ship AIM went out of control while navigating Cottica river, Suriname, South America, on Apr...
Dry Bulk Heading Towards an Optimistic Future Amid COVID-19
For capes, 2021 and 2022 have a very light historic order book.
Scrapping has been picking up prior to demo yards in South Asia going into coronavirus-inspired shutdown.
Vale has decided to stop...
How Sewage Can Warn About the Extent of the COVID19 Pandemic!
Researchers have been sampling sewage across greater Paris for more than 1 month.
They have detected a rise and fall in novel coronavirus concentrations.
They correspond to the shape of the COVID-19 outbreak...
Freight Rates Take a Plunge Amid Spot Rate Hiatus!
USGC-China VLCC freight at $11.5 million, down 28% on the week Thursday.
Floating storage demand has been lending support to freight rates, despite continued talk of demand destruction from the pandemic.
16 laden...
Maritime Logistics Company Keeps Stable Volumes Amid COVID-19 Crisis!
Despite the several impacts caused by COVID-19 outbreak, DP World managed to keep its volume stable during the first quarter of 2020.
In total its revenue reached $7.6 billion, which included a like-for-like...