Global Growth Might Derail in 2020, Says BIMCO
Coronavirus, trade tensions could derail global growth in 2020.
The US and China have signed a “Phase One” of a trade agreement, US– Mexico – Canada deal has passed into law in the...
Explosion and Fire in Docked Ship’s Cargo Hold!
Explosions and fire in cargo ship hold, Hai Phong.
Ship docked at a ship repair yard in Hai Phong and has been under repairs since early February.
No one was injured and the...
Virus Scare: Containership To Miss Port Call?
The container ship MSC Lausanne is probably, experiencing problem with her next port of call on schedule, Ashdod, Israel, amidst coronavirus scare.
The crew including seaman in question are healthy in all respects,...
VLOC Bulk Carrier Gets Nearly Overturn Under Water!
According to Polaris shipping official statement, VLOC bulk carrier Stellar Banner was nearly capsized.
The officials said that the ship’s hull integrity in fore section was compromised in two places when the ship...
Seafarers’ Access To Maritime Facilities Gets Updated
The USCG Office of Port and Facility Compliance recently updated its FAQS on Seafarers’ Access to Maritime Facilities rule, adding FAQ 13 and FAQ 14.
FAQ13 - Does the Seafarers’ Access to Maritime...
Coronavirus Outbreak Impact! Maersk Warns of Really Weak Earnings This Year!
$61m loss in Q4 dragged Maersk to an overall net loss of $44m last year and expects a 'really weak' Q1 20.
Revenue from operations was slightly down on the previous year, at...
Maersk CEO Forecasts Strong Market Rebound As Coronavirus Outbreak Peaks!
In a major development, Maersk CEO has forecasted a massive rebound in the next 2 months as the coronavirus outbreak peaks, reports Safety4Sea.
The company is ready for this rebound and has positioned itself to...
[Watch] How the Coronavirus Crisis Worsened
In this video, watch freight Waves coverage timeline of the Coronavirus crisis.
This is a pivotal moment for the coronavirus and global supply chains — and all indications are that the situation is headed downhill....
China To Revert Sulphur Cap Implementation To Counter Coronavirus Impact!
China may delay 2020 implementation in order to counter coronavirus impact
Chinese shipping association calls for this technical adjustment for a few months
Not all are convinced as the government fears the country...
Top 4 Shipping Agencies Come Together To Address 2020 Fuel Quality Issues!
With the IMO 2020 regulation in place, major shipping agencies like BIMCO, ICS, Intertanko, Intercargo etc. are trying their hardest to address potential fuel oil issues. While addressing these issues is a hard task...