Weekly Maritime Security Report – Week 8, 2020

Protection Vessels International has released the 8th Weekly Maritime Security Report of 2020. The report summarized on 20th March 2020 highlights the various incidents...

Despite Market Rally, the ‘Economic Cost of Epidemic’ Looms

After a brutal meltdown, some investors have been wading back into U.S. stocks. But others are wary of another leg down as the coronavirus...

Coronavirus Pandemic Sparks an Unpredictable Mega Global Recession

The coronavirus has already created a deep global recession. In the best-case scenario, the virus may last one quarter. In the worst-case scenario,...

[Watch] US Finally Bells The Cat, Declares COVID19 Tragic Days Are Ahead!

In a major development, President Donald Trump finally leveled with America about the desperate reality of the coronavirus pandemic, warning of cruel weeks to...

Seafarers Corona Testing To Safeguard Maritime Workforce!

In a major development, the US Coast Guard has issued a circular urging mandatory COVID19 testing od ship operators and seafarers, says a press...

How Has the COVID-19 Pandemic Impacted the ULCS Market

Large container ship orders have recently increased but the coronavirus will lead to slippage and suspended orders. Faced with rising slot prices on...

China Lockdown Ease Can Bring A Second Wave of COVID19 Outbreak!

Now that China is slowly coming alive as restrictions and lockdown ease, the world is looking at it with more attention. With the pandemic...

Can A Cuban ‘Wonder Drug’ Save the World from the COVID19 Pandemic?

As the world is reeling under the COVID19 pandemic and every country is looking for a coronavirus cure, Cuba bells the cat and starts...

U.S. LNG Tanker Heading To China! First After Tariff Raise On LNG Imports!

  Laden LNG tanker heading to China from U.S., first since March 2019. The tanker SK Resolute loaded the cargo from the Cameron LNG...

Demand for Storage and Transport! Supertanker Freight Rates Double!

  Oil tanker rates rise for a second time this month as the producers, refiners and traders scramble to secure ships to transport crude...