d’Amico Inks Sale Deal Generating Net Cash of US$ 8.8 million
d'Amico International Shipping S.A. announces its memorandum of agreement for the sale of one of its handysize vessels, generating around US$ 8.8 million in...
COVID-19 Guidelines for Safe Ship & Shore Interface To Limit Further Transmission
The International Group of P&I Clubs, in partnership with other shipping industry organisations, has released the COVID-19 Related Guidelines for Ensuring a Safe Shipboard...
Cargo Flights Now Available for Customer Travel!
Air Lines, driven by demand for air cargo also opens for the return of passenger services.
But the question is, for how long....
Container Volume at Major Chinese Ports Declined UpTo 15% in Early May!
Cargo throughput at major Chinese ports declined 5.6% and Yangtze river hub ports dropped 11.8% during the first ten-day period of May.
The...
COVID19 Oil Price Crash Shuts the Door for U.S. Fixed Investments!
Oil and gas sector investments have grown as a share of total U.S. nonresidential business fixed investments.
The share of the oil and...
Can Autonomous Ships Rise Above The Doubts Looming in Shipping Industry?
Now, the next big technological change the maritime industry is looking forward to is the introduction of “autonomous ships”.
Though autonomous ships are...
New Surge in Chinese Refineries Post COVID19 Lockdown!
Chinese refineries increased their run rates by 11 percent last month as the country began to emerge from the months-long lockdown.
At 13.1...
How Does The WHO Defend Itself Against The Charges Levelled by Trump?
According to the US President Donald Trump, the World Health Organization (WHO) has mismanaged and helped to cover up the spread of the...
Crew Change Fiasco: Ships Diverge To Drop Overworked Staff!
Crew change crisis takes a new turn with ships deviating to India to drop overworked staff.
Seafarers and their families have been pouring...
Global COVID-19 Response: Countries Call for Independent Virus Probe!
Australia was the first nation to call for an independent inquiry into the origin of COVID-19. The Government is claiming credit for "toughening...
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