OCIMF Releases Onboard Drug & Ship Control Guidelines
The Oil Companies International Marine Forum (OCIMF) and the maritime industry in general recognise the potentially serious impact and risks associated with the use and abuse of alcohol, drugs or other impairing substances...
EU Opens Borders With Safe Travel Restrictions
The EU has decided that from Wednesday EU borders will be reopened to citizens from 15 non-EU countries, including Canada, Morocco and Australia, but not the US, Brazil and Russia.
China is on...
Weekly Bulk Report – Week 26, 2020
The Baltic Briefing has released a report about the dry bulk market of the 26th week of shipping activities of this year. The report dated 26th June highlights the plight of the dry bulk...
Digitally Skilled Seafarers “The Key Driver of Industry 4.0”, Says ABS Chief
ABS chief calls for adequate training of seafarers to cope with digital challenges, says an article published on their website.
Pace of digitalization
The coronavirus pandemic has considerably sped up the pace of digitalization in the...
Close the ‘Open Loophole’ on Scrubbers, Says ICCT
More than 4,000 ships have installed or ordered scrubbers to avoid using cleaner, but more expensive, low-sulfur fuels.
There is a dramatic increase in the number of ships that are using or intend...
DNV GL Publishes New ‘Ship Recycling’ Guidelines
DNV GL has created a guidance paper to support shipowners’ recycling decisions.
The paper focuses on shipyards not featured on the European list of approved shipyards.
It aims to give owners a better...
BIMCO Focuses on Contractual Disputes in New Law & Arbitration Clauses
BIMCO’s new Law & Arbitration Clause will address contractual disputes with a provision requiring parties to a contract to clearly identify who are authorised to receive arbitration notices and communication.
Service of arbitration proceedings
Notices can...
First Indian COVID-19 Vaccine To Enter Human Trials
India's first COVID-19 vaccine candidate approved for human trials.
The DCGI has approved the company’s application to conduct a Phase I and II clinical trial of Covaxin, which was developed along with the...
Coronavirus Shatters China and Hong Kong Share Market
The CSI SWS securities index slumped 2.7%.
Around the region, MSCI’s Asia ex-Japan stock index fell 1.21% and Japan’s Nikkei index 1.92%.
The yuan was quoted at 7.079 per U.S. dollar, 0.02% weaker...
MOL Cuts Down Fleet by 5% Over COVID19 Low Mobility Forecasts
According to ta Wall Street Journal report, Japan's biggest ship owner expects a ‘significant decline’ in global cargo will persist over the next three years
Mitsui OSK Lines, Japan’s largest ship owner, is cutting its fleet...