Storage Facilities 75% Full! Oil Could Crash To $10 a Barrel!
Oil prices may fall to $10 a barrel as the world runs out of storage space.
Saudi Arabia prepares to increase its fossil...
No Shore Leave! Notifies Port of Fujairah
The Port of Fujairah suspends all shore leave as a precautionary measure against the coronavirus, reports Seatrade Maritime News.
Port of Fujairah lockdown
According to shipping...
Cargo Ship Runs Aground! Remains Stuck on Rocks!
MV Kaami due to stormy weather, ran aground and got stuck on rocks.
8 crew members were rescued after it got into difficulty...
Corona Act of Kindness Unites the World!
People across the globe have been playing their part in the fight against COVID-19, with donations and help for the homeless.
The coronavirus outbreak...
Pirates Plunder Vital Supplies of Rubbing Alcohol from Cargo Vessel
Tunisian Trade Minister Mohamed Msilini said that a cargo ship carrying vital supplies was pirated at sea.
The shipment contained an alcohol-based ingredient...
[Watch] World’s Largest LNG Fueled Containership Starts Sea Trials
Chinese shipyard Hudong-Zhonghua Shipbuilding (Group), a unit of China State Shipbuilding Corporation (CSSC), saw CMA CGM’s first 23,000-TEU LNG-fueled boxship leave for sea...
How Seafarers Can Help in Investigation by Collecting Evidence!
Capt. Hiroshi Sekine highlights the importance for mariners of gathering evidence from the ship in the aftermath of an incident at sea.
The...
Banks To Be Flexible With Loans As COVID19 Impacts Businesses?
Banks face mounting provisions, which could end up biting their capital as businesses and households struggle to repay loans.
EU states have offered...
Heir To the British Throne Tests Positive for Coronavirus!
According to a BBC report written by the BBC Royal Correspondent, Nicholas Witchell, the Prince of Wales, the heir to the British throne has...
Euronav Acquires EcoVLCC for USD 93 Million
Euronav NV has entered into an agreement for the acquisition of VLCC.
The acquisition is possible through the resale of one VLCC newbuilding...