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...
US Coast Guards Issues New COVID19 Operations Safety Bulletin!
In the wake of recent COVID19 pandemic developments, the US Coast Guard has tightened the safety measures and has issued a fresh port and...
Pleas Of A Ship Master: Eager To Sign Off Contracts To Be With Family
Ship managers and owners are deferring crew changes due to COVID-19.
Wallem CEO has taken to social media to share the plea of...
Aframax Tanker Gets Oil from Yumna Well
Masirah Flows First Yumna Well Oil into an Aframax Tanker.
Masirah is an 86.37 percent owned subsidiary of Singapore’s Rex International.
Foresight Offshore...
New VLSFO Fuels Show Low Viscosity!
VLSFO quality remains a headline IMO2020 topic. As suppliers are getting more experienced at producing VLSFO blends, the proportion of off-spec tests has been...
World’s Biggest Shipping Exhibition Postponed Due To Coronavirus
Posidonia 2020 is postponed due to coronavirus from June to October 2020.
Posidonia is held every two years with the entire shipping industry...
Water Drained from Cargo Hold Of Grounded Ship
Saltwater has been drained from the cargo hold of a grounded vessel.
The salvage and fuel removal operation were launched last week.
The...
Crew Not Familiar With Emergency Equipment Operation! Shows MOUs CIC Results
The Indian Ocean MOU and Tokyo MOU release emergency system and procedures inspection results, while The Paris MOU is yet to release its...
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