How a Shipowner Must Navigate Through COVID-19?
CCDCP revealed that the fatality rate of those positively tested for coronavirus increases with age.
People between 10-39 have a 0.2% rate of dying and rose to 3.6% in the 60-69 group.
It...
IMO Establishes New Partnerships Department
New IMO department will tackle key global issues through innovative partnerships.
The focal point for developing partnerships and coordinating long-term donor-funded projects.
It promotes a culture of collaboration and innovation, creating broader engagement...
Rates Not a Concern To Shippers! Desperate To Get Their Exports To Market
Rates hold steady as shippers prioritise getting exports to market and the comprehensive index of the SCFI edged down just 1.3% this week.
Trend shows for now, rates are less important to shippers...
Israeli Scientists Discover Coronavirus Vaccine, To Be Available in 90 Days!
Israel scientists are on the verge of discovering a new vaccine to tackle coronavirus.
The vaccine could be ready within a few weeks and available for public use in 90 days.
It was...
[Infographic] Impact of Coronavirus on Global Markets
COVID-19 is arguably the biggest risk to global growth since the Great Recession. EnergyWorld.com has published a snapshot of the impact it is leaving on global markets:
The below infographic shows how COVID-19 outside China...
Container Spot Rates Holding Up Amidst Booking Inquiries
Container spot rates from China fell slightly this week, as carriers decided it was futile to discount cargo that is currently unavailable, with container lines receiving numerous booking enquiries for March end.
With...
Shippers Beware Oil Price To Weaken Further, March-April Period Crucial!
Even if OPEC slashes production by 600K barrels per day, the price of oil "could still be weak in March and April, before it improves in the summer," said Kang Wu, head of...
EGCS Installation Delivers a Lot More Than Anticipated
The members of the Clean Shipping Alliance (CSA) 2020 reported on the installation and performance of their respective exhaust gas cleaning systems.
All panel members said that their EGCS installations were removing substantially...
Weekly Maritime Security Report – Week 7, 2020
Protection Vessels International has released the 7th Weekly Maritime Security Report of 2020. The report summarized on 26th February 2020 highlights the various incidents that took place in the past week.
Gulf of Aden: Suspicious...
Captain Murdered Aboard oil tanker
Armed assailants boarded the tanker San Ramons off the coast of eastern Venezuela,
The Captain was shot in the face and died.
Another crewmember was injured, with a third one jumping overboard.
Armed assailants...