Scrubber Delays in Chinese Yards Affecting Carrier Earnings!
According to a LoadStar article written by Mike Wackett, even before the coronavirus outbreak, scrubber retrofits on container vessels at Chinese yards were subject...
Master Arrested for Cargo Ship Overloading
Greek media has reported an unfortunate incident where a master of a cargo ship has been arrested for overloading.
What happened?
Master of cargo ship MALAGA...
More Than 1.67m teu of Export Capacity Worth $1.5bn Withdrawn from China!
Carriers have pulled 1.67m teu of capacity out of China, costing $1.5bn.
Manufacturers worldwide face lengthy shutdowns due to a lack of vital...
Okeanis Announces Arbitration Outcome for 4 VLCCs
In a major development, Okeanis Eco Tankers Corp. has announced the outcome of the arbitration proceedings related to 4 VLCCs on Long-Term Bareboat Charter,...
No New Coronavirus Outbreak Expected As Virus Follows V-shaped Recovery
Maersk expects a V-shaped trajectory for coronavirus just like SARS
it forecasts no new outbreaks will occur and no new cases outside China...
Oil Carriers Gets Excluded from Coronavirus Scare Ban
Kuwait excludes oil carriers from ban on foreign ships to fight the virus.
Ships from and to South Korea, Italy, Thailand, Singapore, Japan,...
Global Growth Might Derail in 2020, Says BIMCO
Coronavirus, trade tensions could derail global growth in 2020.
The US and China have signed a “Phase One” of a trade agreement, US–...
Explosion and Fire in Docked Ship’s Cargo Hold!
Explosions and fire in cargo ship hold, Hai Phong.
Ship docked at a ship repair yard in Hai Phong and has been under...
Virus Scare: Containership To Miss Port Call?
The container ship MSC Lausanne is probably, experiencing problem with her next port of call on schedule, Ashdod, Israel, amidst coronavirus scare.
The...
VLOC Bulk Carrier Gets Nearly Overturn Under Water!
According to Polaris shipping official statement, VLOC bulk carrier Stellar Banner was nearly capsized.
The officials said that the ship’s hull integrity in...
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