Ship Operators Can’t Get of the Hook As Force Majeure Not Part of Loan...

Some owners have asked whether they can use force majeure to stop paying their banks. And the quick and easy answer to that one...

Surcharges Cancelled As Fuel Prices Drop Amidst Rising Blank Sailings!

According to a LoadStar article written by Mike Wackett, container spot rates from Asia to Europe remained stable last week and, having withdrawn around...

DNV GL Certified Maritime Training Provider Launches Coronavirus Film for Seafarers!

In a major development, Seagull Maritime has released a new FREE learning film "Coronavirus - How to Beat It", after Coronavirus COVID-19 emerged as...

Shipping Containers Aiding COVID19 N95 Masks Reusuability System!

According to an article published in Heavy, a new vapor fogging system capable of quickly re-sterilizing large numbers of N95 medical respirator masks at...

Container Shipping Giant Suspends China-Australia Service!

Ocean Network Express (ONE) is suspending the China Australia service (CAE) which is jointly operated with Maersk and MSC, says a press release published...

Euronav Set To Slash IMO Compliant Fuel Value!

Belgian shipowner Euronav will write down the value of the IMO-compliant 0.5pc sulphur fuel oil it bought last year after the price collapsed. ...

Tankers Win As Uncertainty Abounds Shipping Industry Amid COVID-19 Crisis

COVID-19 shutting down the majority of the global economy. Capital Link's two-day forum included 15 different panels covering sectors, funding sources, and analyst...

ILO Seeks Protection of Seafarers Amid Coronavirus Crisis

Seafarers, ship owners and governments are urging ILO member States to ensure the flow of essential goods, energy, food and medicines during the...

Submariners: The Last People on Earth Unaware of COVID-19 Pandemic

Submariners are shielded from worldly worries and information. To encourage an undivided focus on their top-secret missions of nuclear deterrence. They are blissfully...

Weekly Bulk Report – Week 14, 2020

The Baltic Briefing has released a report about the dry bulk market of the 14th week of shipping activities of this year. The report...