Scrubber Revenue: A Distant Dream Due To Rotterdam HSFO Discount
Discount for high sulfur bunkers in Rotterdam has for the first time narrowed to under $50/mt.
The spread between high sulfur fuel oil...
Container Shipments Set To Fall 30%! A Setback for Shipping Giants?
Global container shipments are set to fall 30% in the next few months, as retailers ask shipping companies to push back deliveries.
Shipments...
The Whole Oil Market’s Gone Absolutely Nuts!
No takers for jet-fuel and gasoline.
Oil refiners run after vessels to store fuel for future market.
Freight rates to sharply rise in...
COVID-19 Cripples Container Shipping Capacity in April!
Covid-19 hits the global container shipping capacity.
About 11% of sailings are cancelled in May on all the mainlines trades.
Nearly, 302...
Euronav’s Contango Opportunity, Can It Benefit from The COVID-19 Situation?
Euronav owns both the Europe and Oceania Ultra Large Crude Carriers, which it operates as floating storage.
The company also owns 39 VLCCs...
IMO 2020: Increasing Number of Shippers Opt for Scrubbers
99 percent of SO2 emissions come from human activity, primarily burning fossil fuels.
IMO is seeking to reduce SO2 emissions as the shipping...
‘Chat to a Chaplain’ Launched To Provide Remote Support for Seafarers
Mission to Seafarers announced the launch of a digital chaplaincy service.
It will provide seafarers with remote support amid the COVID-19 pandemic.
The...
Scientists Assure That COVID-19 Virus Was Not Made in a Lab?
COVID-19 was not a virus that was created in a lab as speculated by rumours.
US government intelligence officials are reportedly investigating the...
Google Chrome Bugged! Tech Giant Issues Critical Warning To Users!
Google has issued a critical update warning to its two billion Chrome users across the globe.
Chrome has discovered a new security flaw...
Zoom’s Million Users Facing a Major Security Threat!
Cyber security firm Proofpoint has observed a series of attacks wherein cyber criminals are targeting Zoom users via infected emails.
The attacks are...