COVID-19 Forces US LNG Sector To Adapt As Demand Increases
Gas and LNG sector are adapting towards shifting trade flows, and price volatility.
It has embraced short- and long-term market uncertainty from coronavirus impact.
Lockdowns around the world raise new challenges for LNG...
Ocean Cargo Passing Through Coronavirus Fallout! Journey To Continue?
Containerized-goods supply shock and bulk-commodity demand shock shown up both centered in China and driven by temporary closures.
Containerized-goods demand shock centered in developed Western nations, driven by social distancing and quarantines.
Crew...
USCG Identifies Essential Maritime Critical Infrastructure Workers
The latest Maritime Safety Information Bulletin from the U.S. Coast Guard Commandant highlights maintaining maritime commerce and identifies essential maritime critical infrastructure workers.
Uninterrupted flow of commerce
The commandant says :
The uninterrupted flow of commerce...
Global Container Shipping Giant Completes $ 545m Acquisition
Maersk closes the acquisition of Performance Team, in an effort to further strengthen its capabilities as an integrated container logistics company.
The transaction has been valued at USD 545 million including lease liabilities...
[Watch] What COVID-19 Can Do To Lungs
Watch the video showing the lungs of a man who had been asymptomatic a few days earlier.
Disclaimer: This video is intended for informational purpose only. This may not be construed as a news item...
Essential Maritime Critical Infrastructure Workers’ List in Times of COVID19 Disruptions!
In a major development, the US Coast Guard has announced that they are providing further clarification when making determinations regarding which Marine Transportation System (MTS) workers are considered essential in regions impacted by COVID-19...
IMO Presses for Unified Port Protocol Solutions To Prevent COVID19 Disruptions!
According to maritime bodies, the shipping industry must be prioritised as new restrictions surrounding the response to the Covid-19 pandemic come into force and start to hamper the delivery of food and medical supplies,...
Industry Outlook Has Turned Negative! Price Guidance for Sale Impossible!
Three-week lockdown to slow down the spread of Coronavirus has completely halted ship recycling activities.
Ships scheduled to arrive at Alang have been issued orders to halt before entering port limits.
Port authorities...
Coronavirus Outbreak Onboard! Cruise Ship Defies Orders To Leave Port!
Artania cruise ship stand-off continues in Australia, in spite of Australian Border Force ordering the Artania to depart Fremantle.
Ship's passengers were evacuated and flown home, while around 450 remain on board.
Locals...
Major Ports Declare “Force Majeure” Amid Coronavirus Crisis
Indian Ports declare Force Majeure due to the COVID-19 outbreak.
Indian LNG importers Petronet LNG, Gujarat State Petroleum, and GAIL have also issued force majeure notices.
India has asked its ports to waive...