Soo Locks Reopen for 2020, 700-foot Freighter Passes Through!

The Soo Locks reopened to Great Lakes freighter traffic after winter maintenance. H. Lee White is the first freighter to go through the Poe Lock as the 2020 shipping. The Soo Locks located...

Wallenius Wilhelmsen Initiates Strong Actions To Tackle COVID-19

Wallenius Wilhelmsen has withdrawn the proposed dividend for 2019. It has placed up to 10 vessels in cold lay-up in order to address vessel overcapacity. The overcapacity was equal to a fleet of...

Cargo Ship Attacked by Pirates in Gulf of Guinea

According to an article published in GNN Liberia, a cargo ship was attacked in the Gulf of Guinea. What happened? On March 27, a cargo 'LANA' was attacked in the Gulf of Guinea halfway between Bonny...

Latest Bombshell from Britain! Regulations To Remain on Papers?

Viswa Lab in its latest technical update has quoted the report published in GCaptain, regarding the British government stating reasons including the COVID‐19 problems for suspending its IMO 2020 fuel checks and has explained...

[Infographic] Jet Fuel Causes Oil Demand To Tumble

Air flight cancellations continue to ramp up across Europe and the US, while India is in lockdown. Flights flown are now down 40% from before the coronavirus pandemic struck and Platts Analytics sees things getting...

The Humming of Chinese Industries Return As Rest of the World Reels

While much of the world’s output is grinding to a halt because of the coronavirus, China is slowly emerging from its shutdowns. Employees are returning to work, production lines are starting to roll,...

LNG Spot Cargoes Exceed as Demand Trips Amid Coronavirus Pandemic

LNG suppliers are flooding the market with excess spot cargoes, generating fresh headwinds for prices, as demand crumbles globally due to the coronavirus pandemic. Spot supply has increased partly because of a big...

Wind Propulsion Solutions To Curb GHG Emissions

Comoros flag submitted a wind propulsion information paper to IMO's Marine Environment Protection Committee stressing that wind propulsion, as one of the leading decarbonization technologies. Direct thrust from wind propulsion technologies offers a...

Britain Suspends IMO 2020 Shipping Fuel Checks Due To COVID-19

Britain has suspended checks on ships for compliance with low sulphur fuel regulations. The cut back on inspections is to reduce the impact of the coronavirus outbreak on supply chains. It has created...

World’s Biggest Coronavirus Lockdown Makes Ship Operations Go Awry!

According to a Platts report, India's three-week nationwide lockdown to contain the deadly coronavirus pandemic will delay both imports and exports of commodities such as crude, coal, iron ore, vegetable oils and refined energy...