‘Unprecedented Surge’ in Scrubber Enquiries, Says Consultants
Scrubber enquiry surges after doubts over the quality and availability of 0.50% sulfur content new fuels.
Shipowners demands assurance that the systems have...
Tanker Crew Kidnapped in Gulf of Guinea
As per media reports a fresh kidnapping has occured in the Gulf of Guinea were a tanker has been attacked and 10 crew members...
IMF Offers $50bn for Coronavirus Hit Countries
IMF provides $50bn to fight coronavirus outbreak.
Organisation warned about the slowdown in this year’s global economic growth following the outbreak.
Governments and...
Baltic Exchange And Freightos Unveil Visibility in Freight Rates Indices
Daily spot ocean freight rate indices for 40-foot containers are available via the Baltic Exchange and the Freightos.
It will add real-time, transparent...
What Will Happen To Shipping If Crude Prices Collapse?
Crude prices are facing a bleak future with coronavirus and collapse of OPEC+.
Saudi Arabia ramping up from production from 9.7 million barrels...
Cyprus Shipping Industry Feels The Effects of Coronavirus
Cyprus has been negatively affected by the worldwide spread of coronavirus.
Purchases and repairs of several ships have stopped as a consequence of...
Importance of Targeting Fake News in Times of Coronavirus
The UK has decided to introduce other strict measures to combat coronavirus.
It is planning to delay the opening of schools and enforce...
Coronavirus Makes Container Shipping a “Cut-Throat Business”
Coronavirus snarls Trans-Pacific shipping and ripples through U.S. business, write Jesse Newman and Jennifer Smith for the Wall Street Journal.
The coronavirus epidemic is upending...
Infographics Showing Coronavirus Impact Changing the World
The coronavirus outbreak has infected tens of thousands of people. Its spread has left businesses around the world counting costs. An article in BBC...
A Dissonant Market Analysis Between Container Shippers?
The fourth-quarter (Q4) and annual numbers released by market leader AP Møller-Mærsk (APMM) and smaller rival Hapag-Lloyd shows container shipping results were good...
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