Vessels With Open Loop Scrubbers May Face Penalties!
In its latest warning to members, Standard Club has issued ban of open loop scrubbers in Turkish waters.
There are concerns that the environmental authorities in Turkey may fine the ship if the...
Global Newbuild Orders Take a Hit!
Based on BIMCO data, newbuild orders in the first quarter of the year slumped 55% year-on-year.
Only 6.6m dwt ordered across the three major shipping segments, down from 14.7m dwt last year.
Deliveries...
Singapore Readies ‘Floating Accommodations’ for Workers To Tackle COVID-19
MPA Singapore and partners launch floating accommodations to tackle COVID-19. Specifically, the joint initiative will be used to house healthy foreign workers.
The statement highlighted that all foreign workers will be firstly examined,...
Maersk Sails Through COVID19 by Offering Digital Platform Services!
In a major development, Maersk, the global logistics company, urged their customers to make full use of their online platforms to stay safe and to do business in this time of coronavirus pandemic, reports...
COVID19 Online Business Model To Make ‘Business As Usual’ in Shipping!
CMA CGM launches a unique system to keep the shipping business going
Known as the business continuity pack, it helps shippers, clients and customers to control the logistics of their shipments.
With this...
Multipurpose and Heavy Lift Prospects Not So Bright! Says Drewry
The latest prediction by shipping analyst Drewry for multipurpose and heavylift (MPV/HL) shipping is that demand growth for breakbulk and project cargo would be positive but remain weak if the outbreak is contained by...
COVID19 Accelerating Digitization in Shipping!
An article published in Port of Gothenburg website highlights how COVID19 with all its uncertainties can work for the betterment of the shipping industry. With remote working gathering the momentum, ports, and shippers have...
Surge in Tanker Rates Continue, Oil Storage Unlikely To Continue Beyond Q2
Asian clean and dirty tankers witnessed the best first quarters in years.
It was traders rushed to store oil products on the water as the COVID-19 pandemic slashed oil demand globally.
The boom...
[Answer] How To Make A COVID19 Vessel Hygiene Plan?
During the COVID-19 pandemic, more than ever maintaining a good housekeeping onboard can help prevent the virus spread, reports Safety4Sea and we agree to that.
Keeping the recent developments in mind, we would like to...
[Watch] How Coronavirus Affects More Men Than Women!
According to a Labroots article written by research scientist Carmen Leitch , more and more data gathered from an unfortunate and dramatic rise in the number of COVID-19 cases around the world caused by the...
