Seafarers and Climate Change Highlighted During IMO’s Virtual Meeting
IMO conducted the largest virtual meeting to date.
A total of 155 participants from 78 Member States attended the meeting.
IMO discussed the challenges faced by seafarers during the COVID-19 pandemic.
Seafarers advised being designated as...
COVID-19: Asian LNG Spot Prices Dwindle After a Dampened Demand!
Asian spot prices for LNG sinks as the coronavirus pandemic further dampened demand.
This has prompted buyers to push back cargo deliveries.
Buyers on the market look to purchase volumes as the LNG...
MPA Singapore Launches ‘TaskForce’ To Tackle COVID-19 Crisis
MPA Singapore has launched a new circular concerning operators of vessels in port.
The Taskforce will make the wearing of masks mandatory for anyone leaving their home.
Safe distancing measures for workplaces will...
MARAD Alerts on the Increasing Wave of Piracy!
MARAD issued alert warning that a maritime threat had been reported in the southern Gulf of Mexico, on April 17.
There has been reports of a steep increase in the number of attacks...
Dozens of Oil Tankers Anchored Off The Californian Coast
Two dozen tankers loaded with oil are anchored off the California coast.
The tankers have no place to offload the crude due to COVID-19 restrictions.
Tankers are used to store products that would...
Containership Adrift After Engine Room Fire!
Container ship Maersk Vilnius suffered fire and was disabled in the Caribbean east of Guadeloupe, France.
Offshore tug ALP Defender was contracted for towage.
Tug is to reach container ship and commence towage
Maersk...
Looking Beyond COVID19 – How Maritime Trade Should Prepare!
Singapore port is showing how you can hold it steady during a pandemic and look beyond it.
Its high-end bunkering facility, digital technology and regulatory mechanisms is making it sail through COVID19
They...
[Answer] How To Establish A COVID19 Risk Management Plan on Ships?
As COVID19 becomes the primary concern on ships and seafarers' life, ABS has released a detailed insight on how to establish a proper COVID19 risk mamagement framework in order to smoothly operate the ship.
Here...
Shippers Cancel Scrubber Installations As COVID19 Fuel Price Spread Worsens!
Platts Analytics sees spread hitting scrubber installations this year
Shipping companies stalling and canceling scrubber installation plans.
the narrowing price differential between HSFO and VLSFO is the primary concern.
At the current oil...
Petrobras Overturns Production As Fuel Demand Surpasses Expectations
Petrobras has reversed production cuts due to the higher-than-expected demand for fuels.
It has increased production to 2.26 million bpd.
It also increased utilization rates at its refineries to 79% after cutting them...