An Invaluable Tool To Help You Through Pollution & Spillage Litigation!

Marine pollution is the primary cause of concern for shippers but mnay don't know how to steer through it. Keeping that in mind, the Shipowners' Club has made a unique system that assists shipowners...

Sustainability Is The Future of Shipping Industry

Shipping’s environmental footprint has doubled in the last decade. Sustainability is increasingly coloring the perceptions of the industry and has a major impact. Clients are investing in wind-assisted propulsion or improving their energy...

Coronavirus Effected Container Shortages Exposes Nations’ Recession Vulnerability!

  According to an article published in the Sunrise Read, Several countries are in recession and several others are verging towards it as the the most deadliest virus outbreak in recent times, the coronavirus has...

[Watch] WHO Utters the Cursed Word, Coronavirus ‘Pandemic’!

The World Health Organization declared a global pandemic as the coronavirus rapidly spreads across the world. “We’re deeply concerned both by the alarming levels of spread and severity and by the alarming levels of inaction,”...

Coronavirus Spread Sparks Fear Over Global Dry Market

Renewed concerns over the health of the global economy spurred on by fears over the rapid spread of the corona virus in China that have shaken the market, compounding fears that this could...

EU Funding for ABS Consortium To Study Future of the EEDI

EU recently granted funding to ABS for its study on the future of the Ship Energy Efficiency Design Index (EEDI). The study will focus on EEDI's ability to improve designs, boost the deployment...

How OPEC’s COVID-19 Measures Cripple Shipping?

1 million-barrel-per-day (b/d) production cut from OPEC+ jumped to 1.5 million b/d. Crude prices fell by 2% despite the OPEC news and depend on various sectors. OPEC cuts are a plus for crude...

ICS Provides New Coronavirus Guidance To Protect Seafarers Health

ICS has issued new guidance for the global shipping industry to help combat the spread of COVID-19. It is prepared in collaboration with WHO, IMO, ECDC and IMHA. It contains advice on managing...

UK Health Minister Affected by Coronavirus, Struggle Intensifies Across Europe

Health minister and Conservative MP Nadine Dorries has tested positive for coronavirus. Labour MP Rachael Maskell has placed herself in self-isolation after she came in contact with Ms Dorries. NHS England's chief scientific...

Fujairah Fueloil Data: Heavy Distillates Stocks Slip

Fuel oil stocks in storage at the Middle Eastern hub of Fujairah slipped by 11% this week, reports Global Platts and Fujairah Oil Industry Zone. Heavy distillate and residue inventories dropped to 13.556...