DHT Holdings Updates Business Amid COVID-19

DHT Holdings, Inc. provides the following business update amid coronavirus outbreak, reads the company's press release Time Charters DHT Scandinavia has been significantly delayed discharging...

Deeper Global Recession Ahead As We Stare at 4.9% Global Contraction, Says IMF

IMF downgraded its outlook for the coronavirus-ravaged world economy. It expects global gross domestic product to shrink 4.9% this year, more than the...

10 Super Reasons Why Stock Market is To Crumble Again

Over the subsequent 11 weeks following the March 23 bottom, the S&P 500 bounced more than 40% off of its lows and got...

Seafarers Pushed To Limits As Govts Slow on Crew Change: Intercargo

Last month, the World celebrated 10 years of the Seafarers' Day amidst a raging crew change crisis that has made the life of seafarers...

WHO Sends Team To Check COVID19 Origin, Says Contact Tracing the Only Way

According to a Reuters report, the World Health Organization chief said on Monday that  Tracing contacts of people with coronavirus infections is the most...

Another Maritime Heavyweight Joins Maersk Decarbonizing Research Center

Cargill has joined leading players to launch the Maersk Mc-Kinney Moller Center for Zero Carbon Shipping in Copenhagen. The center will focus on...

Global COVID19 Response Gets $6.9 bn Funding As Countries Pledge To Support

According to a Reuters report, a pledging summit on Saturday raised 6.15 billion euros ($6.9 billion) to tackle COVID-19. What is it? The event was part of...

U.S. LNG Gas Export Falls More Than Half in 2020

Historically low natural gas and LNG spot prices in Europe and Asia have affected the economic viability of U.S. LNG exports. Trade press...

[Answer] How Many Ranks and Duties Exist Onboard A Shipping Vessel?

Do you know how many ranks and duties exist onboard? In this article published in Saftey4 sea, the various ranks on a vessel have...

Strong Crude Structure Enables Release of Crude from Floating Storage

There has been a strengthening in the Middle East's Dubai crude market structure. Several million barrels of the Middle East sour crude from...