Study Result on Expectation for 2021 Cruise Restart is Out

Royal Caribbean has provided no firm restart plan in the United States, but Wall Street is just as eager as cruise fans to know when cruises might restart, says an article published in RoyalCaribbeanBlog. Study...

MOL Issues A Guidance To Prevent Mauritius Oil Ship Grounding Incident

In a major development, Mitsui O.S.K. Lines, Ltd. (MOL; President & CEO: Junichiro Ikeda)  announced that it has formulated measures to prevent an reoccurrence of the incident involving the bulk carrier Wakashio, chartered by...

Moderna Vs Pfizer – How the 2 COVID Vaccines Are Competing?

The United States now has two vaccines available for emergency use and the Science News Erin Garcia de Jesus sought to find out the difference between the two. Here's an excerpt from her analysis.  Moderna &...

LSFO Demand To Spike As Coal Plants Shuts Down

Korea East-West Power raises December LSFO purchases Coal plants shut down will trigger LSFO demand which eventually result in higher purchase  IMO 2020 transition, local ECAs spur LSFO demand Refiners' run cuts support...

Asia Opens Upto LNG As It Turns Out To Be The Most Scalable Bridge...

According to an Argus Media report, LNG is slowly becoming the best alternative bunker fuel and Asia has woken upto it.  The Most Scalable Alternative Fuels After having to adjust to both the Covid-19 pandemic and...

Thoughts on Organizational Culture

The word “Culture” is increasingly in use while discussing big organizations. It is said to contribute to exponential growth of organizations.  What actually is Culture?  MIT Sloan offers a Course on Organizational Culture. This Course trains participants...

IMO Chief Lambasts the ‘No Crew Change’ Clause

IMO Secretary-General Kitack Lim has spoken out against “no crew change” clauses in charterparties. He pointed out that such clauses exacerbate the dire situation of stranded seafarers. It will also undermine the efforts undertaken to resolve...

Golden Union Buys Newcastlemax at Attractive Price

Over the weekend one of the more modern newcastlemaxes to be marketed founded new owners. Its full steam ahead for cape owners, battling for  ships, as secondhand prices remain attractive. A handful of...

France Bans Freights from UK, After New Strains

France decides to block lorries arriving from the UK for 48 hours in response to the emergence of a new strain of Covid-19. It will have a “devastating effect” on the supply of...

Ships Race To Reposition Containers Globally

Ninety-five percent of coffee imports in the US and Europe arrive in containers. The containers are unloaded and returned to port with outbound cargo within 60 days. Due to the pandemic, the turnaround...