How COVID19 Scenario Could Evolve?

McKinsey & Company releases a document which provide facts and insights on the current COVID-19 situation to help decision makers understand best practices. Three factors which could play a role in the virus evolution remain...

Iron Ore Production To Be Hit As Vale Looks for Corona Contingency Plans

According to an article published in the Share Cafe, the most potential question raised after Vale, raised the possibility of curbing or suspending iron ore shipments because of the growing threat of the COVID-19...

Corona Reaches Africa As Seafarer in Bulk Carrier Tests Positive!

  As the pandemic moves, it's gripping every continent in the planet and now it has reached Africa as one seafarer has tested positive there and put in quarantine. What happened? South Africa has quarantined its first...

[Infographic] History of Epidemic Related Economy Growth Recovery Path

  As the world economy is reeling under coronavirus pandemic effect, the Harvard Business Review has put forward in an infographic how previous such pandemic economy recovery path fared. Here's what's in store for us.     It’s...

First VLSFO Produced By Asia’s Top Oil Refinery!

In a  major development, a chinese refinery and one of the largest in Asia has started producing VLSFO, reports Reuters. What is it? Asia’s top oil refinery Sinopec said on Monday that its Guangzhou refinery...

[FAQ] How Businesses Should Tackle The COVID19 Scenario

As Coronavirus Pandemic wreaks havoc all over the world, companies are reeling under pressure on how to tackle this. Not just the company outlook and profit but the workforce as well is of potential...

IBIA Announces Critical COVID19 Bunkering Guidelines!

As the coronavirus pandemic has become a national emergency for many countries and the disease shifted its base to Europe, the constant necessity of practical advised has emerged. Taking this cue the International Bunker...

[Answer] How To Manage COVID19 Infections Onboard A Ship?

As the Coronavirus Pandemic charters its path across the world and epicentre moves to Europe, more and more ships are at the risk of developing COVID19 infection. Keeping that in mind WHO has issued...

WHO Declares Test As the Only Way To Fight Coronavirus Pandemic

As more and more countries are going for shutdowns and social distancing, WHO has urged people to go for tests. Going by South Korea example, it is now clear that tests are the...

Weekly Bulk Report – Week 11, 2020

The Capesize 5TC opened the week at $2,542 to close at $2,797.  The news of oil prices and stock markets crashing came as a caution for Panamax to start the week. Supramax proved...