WHO Warns of Surgical Mask Shortage As the Coronavirus Spreads!

As China Coronavirus cases become stable concerns rise in other countries especially South Korea and Iran, says WHO the death percentage from COVID19...

Bulk Carrier Runs Aground Shortly After Unmooring

Bulk carrier ran aground shortly after unmooring. Still remains aground and efforts are on to aid her refloat. Bulk carrier ran aground shortly after...

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...