Shipping Recovering As The Virus Is Contained and Demands Surge
Despite much preparations, the shipping industry was caught off guard when the coronavirus outbreak broke out. At a time when they were getting ready to brace the 2020 sulphur regulations effect, the coronavirus outbreak...
All Female Crew Cruise Ship Makes the Historic Sail
For the first time in cruise history, All Female bridge crew is set to sail a cruise ship, writes Ben Souza for an article published in CruiseFever.
All female crew
Captain Kate McCue, the first American...
‘Unprecedented Surge’ in Scrubber Enquiries, Says Consultants
Scrubber enquiry surges after doubts over the quality and availability of 0.50% sulfur content new fuels.
Shipowners demands assurance that the systems have been fully evaluated and optimised.
According to Marine engineering consultancy Foreship,...
Tanker Crew Kidnapped in Gulf of Guinea
As per media reports a fresh kidnapping has occured in the Gulf of Guinea were a tanker has been attacked and 10 crew members have been kidnapped by Pirates.
What happened?
The ship is under way...
IMF Offers $50bn for Coronavirus Hit Countries
IMF provides $50bn to fight coronavirus outbreak.
Organisation warned about the slowdown in this year’s global economic growth following the outbreak.
Governments and central banks around the world have taken action to ease...
Baltic Exchange And Freightos Unveil Visibility in Freight Rates Indices
Daily spot ocean freight rate indices for 40-foot containers are available via the Baltic Exchange and the Freightos.
It will add real-time, transparent price discovery and risk mitigation into the container freight market.
...
What Will Happen To Shipping If Crude Prices Collapse?
Crude prices are facing a bleak future with coronavirus and collapse of OPEC+.
Saudi Arabia ramping up from production from 9.7 million barrels per day (b/d) to as much as 12 million b/d.
...
Cyprus Shipping Industry Feels The Effects of Coronavirus
Cyprus has been negatively affected by the worldwide spread of coronavirus.
Purchases and repairs of several ships have stopped as a consequence of the outbreak.
It is following guidelines and was conducting checks...
Importance of Targeting Fake News in Times of Coronavirus
The UK has decided to introduce other strict measures to combat coronavirus.
It is planning to delay the opening of schools and enforce strict quarantine measures.
In the UK, five people with the...
Coronavirus Makes Container Shipping a “Cut-Throat Business”
Coronavirus snarls Trans-Pacific shipping and ripples through U.S. business, write Jesse Newman and Jennifer Smith for the Wall Street Journal.
The coronavirus epidemic is upending the carefully calibrated logistics of global shipping, as plunging exports...