[Watch] Drone Deliveries Kick Start at Rotterdam Port!

Port of Rotterdam was able to celebrate a first for the Netherlands: an unmanned aerial drone delivery of parts to a merchant vessel. ...

Industrial Ministry To Offer EGP 1.19bn Relief Fund in 4 Months!

The Egyptian MSMEDA has allocated EGP 1.19 billion in funding to 48,743 small and micro projects during the first third of 2020. The...

Container Ship Runs Aground!

A container ship aground in the Indian ocean, reports Maritime Bulletin. Ship hard aground! A 3,000-TEU container ship ran aground while leaving port in Indian ocean...

COVID19 Daily Business Update

As days pass by and the covid19 situation develops it is paramount to gain knowledge of what's going in the world. Keeping that in...

NSC Renews Fleetwide Agreement To Help COVID19 Crew Digital Connectivity!

In a major development,NSC-Group, a leading technical and operational shipmanager, has announced that they have renewed their agreement with Marlink for the provision of...

COVID19 Physical Inspections Delay To Effect Oil Tankers Storage Capacity!

According to a Reuters report, Ship assessors are resorting to virtual inspections of oil tankers to keep vessels afloat, as the coronavirus pandemic makes...

LSFO Low Price Savings Boon for Shipowners As Trade Volumes Fall!

The low fuel pricing have lead to a mixed benefit for shipowners who had to take the LSFO switch decision due to IMO...

Elon Musk Goes Roman As X Æ A-12 Baby Name Against the Law!

  The tech entrepreneur Elon Musk and the musician Grimes have changed the unusual and largely unpronounceable name of their firstborn child. But anyone...

World’s Largest Box Ship Crosses New Suez Canal!

World’s largest container ship “HMM Algeciras” passed through the New Suez on Monday, reports egypttoday.  World’s largest container ship  The World’s largest container ship “HMM Algeciras”...

Dwindling Global Economy Knocks Down the Escalating Freight Rates

Geopolitical tensions have now eased, leaving freight rates to feel the full effects of the weak underlying market and falling demand. Tanker shipping...