Low Bunker Price the Only Advantage for Carriers!

The Covid-19 crisis has – and will continue to – hit the container shipping market hard, and the current economic situation provides no hope...

Blank Sailing Strategy Unlikely To Work As Demand Shock Continues!

Despite carrier projecting an optimistic outlook there no hope for short term recovery in 2020. Containershipping is unlikely to rebound in 2020 as...

[Answer] How To Screen the Crew Leaving the Ship for COVID19?

As COVID19 has become a potential risk for seafarers working at sea, IMO has come to their rescue by addressing safety and security of...

ICS Updates COVID19 Guidance As Seafarers Denied Treatment!

The International Chamber of Shipping, ICS has launched a new COVID19 guidelines as latest reports indicate that seafarers are being denied medical attention by...

Coronavirus Weakening & Becoming Less Lethal!

According to a Reuters report, the new coronavirus is losing its potency and has become much less lethal, a senior Italian doctor said on...

North P&I Club’s Strong Hold in Business Despite Causalities

  Two major casualties had an impact on North P&I Club’s underwriting figures for the policy year ending February 20, the club said. However,...

Why Is The Europe LNG Market Not in Its Best Times?

Unquestionably the current global health situation is going to cause a severe economic crisis not seen since the Great Depression. This is already...

Long-Term Container Blanking Catapults Short-Term Rates

    Container spot rates from Asia to the US soared this week as the aggressive blank sailing programmes of transpacific carriers resulted in a...

New Ebola Outbreak Emphasizes WHO Globally!

The new Ebola crisis in the DRC compounds an already extremely difficult situation for public health officials. The country is also dealing with...

COVID-19 Crisis Puts Containership Sector in An Unprecedented Tumble!

The COVID-19 pandemic is projected to lead to an unprecedented decline in world container trade. Future growth predictions for container shipping depended on...