Global Maritime Issues Monitor: A Look Into Top Economic Crises in Shipping
‘Global economic crisis’ ranked to have potentially the greatest impact on the maritime industry over a ten-year time horizon.
‘New environmental regulation’, ‘geopolitical tension’ and ‘cyber-attacks and data theft’ perceived as most likely.
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Maersk Chief Operating Officer Announce Departure, Company Looking for New COO
In a move that startled the world, the shipping giant Maersk announced the departure of their Chief Operating Officer,Søren Toft.
According to a press release published on its website, the company says that Chief Operating...
Weekly Bulk Report – Week 45, 2019
The Baltic Briefing has released a report about the dry bulk market of the 45th week of shipping activities of this year. The report dated 8th November highlights the plight of the dry bulk market at...
Container Industry To Be the Biggest Losers As 2020 Hits, Says Analysts
On January 1, 2020, the International Maritime Organization (IMO) will impose new emissions standards designed to significantly curb pollution produced by the world’s ships. So heading into that let's take a look at the...
Freight Rates Bound To Increase As MGO Use Increases Ahead of 2020
According to Shipping analyst Poten & Partners the impending 2020 sulphur cap is driving tanker charter rates as owners are forced to use MGO, reports Ship Insight.
Freight Rates Driven by Non-Scrubbers Ship
In its weekly...
BAWAT’s Treatment Becomes the First IMO BWMS Code Approved Ballast Solution!
In a major development, the Danish company BAWAT has secured IMO Type Approval from Lloyd’s Register for a pasteurisation treatment system, reports the Ship Technology.
Certification Issued
Lloyd’s Register issued the certification for the technology on...
[Answer] How Will The Next Generation Of Mooring Solutions Help Shipping?
To safely and securely moor a vessel, balanced loads on a ship’s mooring lines are required, says an article published in Dynamoor.
We are taking you through that article to make you aware of the...
Piraeus Port Busy With 11% Increased Repair Activities
Ship repair activity at Piraeus port increased by 11 percent and ships under repair in Ship Repair Zone increased by 7.4 percent compared to the same period of 2018, reports Xinhuanet.
Ship repair activity at...
Maritime Law Expert Slams Downplaying of China Ship Harassment
Maritime law expert Jay Batongbacal took exception to Presidential Spokesman Salvador Panelo's insistence that the harassment of a Chinese "naval warship" of Filipino-crewed commercial ship passing by Panatag Shoal (Scarborough Shoal) is not Malacañang's...
Tanker Catches Fire! Palm Oil Crude Onboard!
A tanker carrying crude palm oil caught fire at the Fordeco Construction Sdn Bhd jetty, reports FMT News.
What happened?
Fire occurred at the jetty and the Ever Growth tanker belonging to Syarikat Pengangkutan Kekal Sdn...