[FAQ] Handling Onboard COVID19 Outbreak in Port

As the coronavirus pandemic threatens life all over the globe, INTERTANKO has released a new set of guidelines for shippers to control the outbreak...

COVID-19 Relief Measures for Singapore Maritime Sector

 The MPA Singapore urges shipping community to be vigilant and adopt good hygiene, says an article published on their website. Remain vigilant To fight COVID-19, the...

Germany and Europe Are Allowing Cruise Lines ‘Debt Holidays’

Germany and four other European countries are allowing cruise lines to temporarily suspend the repayment of export credits. it will protect European shipyards...

Crude Oil Held in Sea Storage Hits New Record at 160 Million BBL

Traders are storing an estimated record of 160 million barrels of oil on ships. Seek to tackle a glut of stocks created by...

Two Crew Members Onboard Cruise Liner Pass Away Due To COVID-19

Two crew members aboard Royal Caribbean cruise liner have reportedly died within just days. The crew member was admitted to the hospital with...

Propulsion Failure! Cargo Ship Disabled!

Cargo ship loses propulsion just south of Victoria, BC.  Ship taken on tow to Victoria anchorage.  Crew is reportedly fixing the problem.Erofey, a...

Maersk Tankers Goes on A Selling Spree, Sells MR1 Tanker

Maersk Tankers has downgraded it fleet by selling MR1 tanker Ribe Maersk. It has been sold for $8m to an Indonesian buyer Waruna. ...

Pemex’s COVID-19 Distress, Too Much Fuel and Nowhere To Store!

Mexico’s Pemex has too much gasoline and nowhere to store it. It has racked up significant ship fees as demand wanes because of...

Drone Assisted Survey Enables Monitoring from A Safe Distance

A recent marine case study published in Lloyd’s Register explains its drone-assisted survey of CSL’s vessel. Bulk cargo carrier operator, CSL uses drone technology...

Charter Rate Risks: Oil Market Contango and Tanker Breakeven Analysis

Current contango in oil markets with futures prices much greater than spot. Tanker time charter rates have increased to near record levels. Limited...