IMO To Decide Fate of HFO’s and Determine Scrubber Effectiveness
Shipping companies have spent more than $12bn fitting thousands of scrubbers on vessels.
Preliminary risk assessment on the PAH emissions from scrubbers was...
Mærsk Initiate Third Phase Of Shared Buy-back Program
A.P. Møller - Mærsk A/S has decided to initiate a share buy-back program.
It is for a USD 1.5 billion and a maximum...
How a Shipowner Must Navigate Through COVID-19?
CCDCP revealed that the fatality rate of those positively tested for coronavirus increases with age.
People between 10-39 have a 0.2% rate of...
IMO Establishes New Partnerships Department
New IMO department will tackle key global issues through innovative partnerships.
The focal point for developing partnerships and coordinating long-term donor-funded projects.
It...
Rates Not a Concern To Shippers! Desperate To Get Their Exports To Market
Rates hold steady as shippers prioritise getting exports to market and the comprehensive index of the SCFI edged down just 1.3% this week.
...
Israeli Scientists Discover Coronavirus Vaccine, To Be Available in 90 Days!
Israel scientists are on the verge of discovering a new vaccine to tackle coronavirus.
The vaccine could be ready within a few weeks...
[Infographic] Impact of Coronavirus on Global Markets
COVID-19 is arguably the biggest risk to global growth since the Great Recession. EnergyWorld.com has published a snapshot of the impact it is leaving...
Container Spot Rates Holding Up Amidst Booking Inquiries
Container spot rates from China fell slightly this week, as carriers decided it was futile to discount cargo that is currently unavailable, with...
Shippers Beware Oil Price To Weaken Further, March-April Period Crucial!
Even if OPEC slashes production by 600K barrels per day, the price of oil "could still be weak in March and April, before...
EGCS Installation Delivers a Lot More Than Anticipated
The members of the Clean Shipping Alliance (CSA) 2020 reported on the installation and performance of their respective exhaust gas cleaning systems.
All...
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