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...
Weekly Maritime Security Report – Week 7, 2020
Protection Vessels International has released the 7th Weekly Maritime Security Report of 2020. The report summarized on 26th February 2020 highlights the various incidents...
Captain Murdered Aboard oil tanker
Armed assailants boarded the tanker San Ramons off the coast of eastern Venezuela,
The Captain was shot in the face and died.
Another...
DNV GL Guides on Getting the Correct Cybersecurity Type Approval
As we are gearing towards autonomous shipping, navigation and positioning system cybersecurity issues are becoming a potential area of concern.
the type-approval needs...
VLSFO Exports in Asia Persists As Coronavirus Impacts Gasoline Demand
Weak gasoline prices have led Formosa, which operates one of Asia's ten largest refineries, to lower throughput at its residue fluid catalytic crackers (RFCC),...
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