IMO 2020 Planning: Economic and Geopolitical Causes at Play
An article in Supply Chain Dive briefs about the various situations which determine the compliance of maritime standards with the approaching IMO 2020.
Compliance with IMO 2020 regulations
There are three options to meet the Jan....
Cargo Ship Mishap at Fujian: Seven Rescued, Two Missing
A Taiwanese cargo ship sank off the coast of the Chinese mainland province of Fujian on the night of 20th November. Seven crew members have been rescued and two remain missing, reports Xinhuanet News.
Vessel...
[Watch] November Outlook: Highlights in Asian Commodity Markets
Platts summarizes the price rebounds for Chinese thermal coal and petrochemical products.
Rebounds in Asian markets
The highlights in Asian commodity markets with Paul Bartholomew, S&P Global Platts Head of Metals News & Insight in Asia...
GMS Founder Envisions a Greener Hub of Ship Scrapping
Profits and productivity have risen as compliance with the Hong Kong Convention has spread, says GMS bos, Anil Sharma, reads company's news release.
It comes as no surprise that the biggest cash buyer in ship...
Dwindling Capesize Demand Pulls Baltic Index 44% Down
According to a Reuters report, the Baltic Exchange’s main sea freight index, which tracks rates for ships ferrying dry bulk commodities, dipped for a fifth successive session on Wednesday, weighed down by weaker capesize...
Infineum Reshapes Leadership To Face 2020 Challenges & Support Growth!
The responsibilities to the leadership team at Infineum will undergo a change effective 1 January 2020, says a press release published on their website.
Changes to support growth
Thursday 7 November Infineum CEO, Trevor Russell announced...
Evergreen To Use Navios Loading Computers for Better Cargo Handling
According to a Riviera Maritime Media report, Evergreen is boosting the safety and effectiveness of its onboard cargo handling across six newbuilds with the installation of loading computers.
What is it?
Navis, a part of Cargotec...
[FAQ] What Regulations Are Included in The FOC?
Recently, ABS published a detailed guideline of firefighting procedures in container cargo fire. Today, we are enlisting a part of that document that chronicles the effectivity of FOC Notation while firefighting.
What is FOC?
The FOC...
High-Risk Passengers To Face Fine Upto $34,000, Says USCG
The USCG issued an alert concerning passengers' high-risk behaviours onboard a vessel that sometimes lead to severe injuries or fatalities, reports Safety4Sea.
USCG recommendations
The Coast Guard highlights that potential offenders could be fined up to...
Valero Set To Profit from IMO 2020
$200 crude and epic economic collapse predicted when shipping industry regulation goes into effect Jan. 1, 2020.
Oil prices are down from a year ago and the stock market is a record high.
...