Maersk Outlook Remains Steady Amid Coronavirus Fallout
Maersk said it’s committed to rewarding shareholders and reassured that its own operations were uninterrupted by the fallout of the coronavirus.
Despite the...
[Infographic] COVID19 Measures Taken By Organizations To Help Employees
COVID-19 pandemic continues to spread globally with 395,828 cases reported so far. McKinsey&Company highlights the measures take by Organizations o help their employees
Given the...
Wärtsilä Delivers Thruster Solution for Bokalift 2
A comprehensive thruster solution from the technology group Wärtsilä will enable Netherlands based Boskalis to convert an existing hull to create the crane...
COVID19 Shipping Guidance & Situational Awareness in the Worst Affected Countries!
In a major development, the North P&I Club has issued an advisory on COVID19, says a press release available on its website.
What is it?
In...
[Infographic] COVID19 Supply Chain Disruption Points
As the COVID19 pandemic disrupts trade and impacts businesses and effects the global economy, everyone is looking out for a way to minimalize the...
Contact! Don’t Hesitate!, Says Sailors Society To Tackle COVID19 Seafarers Issue
In a major development, the International Maritime Charity Sailors’ Society announced that they are halting operations in all 90 ports, beginning for two weeks,...
Crew Change & Supplies Crunch Disrupting Shipping As COVID19 Port Restrictions Widens
According to a Splash247 report, crews keen to either get home or start work are facing unprecedented delays with the trade union, the International...
Wallenius Wilhelmsen Withdraws Proposed Dividend for 2019
According to an article published in Reuters, Wallenius Wilhelmsen has taken decisive action in preparation for challenging COVID-19.
Key decisions
Wallenius Wilhelmsen ASA - proposed...
Bunker Industry To Shrink by 10% Due To COVID-19 and Low Oil Prices
Coronavirus pandemic and oil price collapse is set to negatively affect the marine industry.
The collapse could contract by at least 10% year...
Strict Guidelines, Financial Assistance To Prevent COVID19 Shipping Collapse?
In a major development, ECSA and the European Transport Worker's Federation (ETF) has issued a joint letter addressing the EU to express their compassion...