China To Revert Sulphur Cap Implementation To Counter Coronavirus Impact!
China may delay 2020 implementation in order to counter coronavirus impact
Chinese shipping association calls for this technical adjustment for a few months
...
Top 4 Shipping Agencies Come Together To Address 2020 Fuel Quality Issues!
With the IMO 2020 regulation in place, major shipping agencies like BIMCO, ICS, Intertanko, Intercargo etc. are trying their hardest to address potential fuel...
IMO 2020 Pricing Strategy Proves To Be Confusing for Shippers
An eco ship is a vessel is designed for enhanced fuel efficiency.
An eco ship has a higher TCE than a non-eco ship...
Marathon Predicts a Step-by-step Approach To Achieve Diesel Margins
Marathon operates 16 refineries with a capacity of 3 million barrels a day.
The sulfur content of 3.5% is far more than the...
WHO and IMO Released a Joint Statement on COVID-19
WHO has declared the outbreak of Coronavirus as a PHEIC.
It has recommended measures to limit the risk of exportation or importation of...
Coronavirus Creates a New Demand for Product Tankers
Product-tanker spot rates have risen when freight rates are collapsing.
LR2s with a capacity of 80,000-119,999 DWT is now around $26,000 per day.
...
1.7 Million teu Shipping Volume Affected As Coronavirus Ripple Effect Engulfs Asia!
Supply chains are adversely hit as coronavirus outbreak is reaching new territories.
The effect of the virus shut down is now felt with...
Urgent Action Required To Reduce GHG Emissions! Urges IMO Chief
IMO urges “urgent need” to develop concrete measures to support IMO’s initial strategy to reduce GHG emissions from shipping.
“Zero emission shipping requires...
Mechanical Problem! Cargo Ship Disabled!
General cargo ship encountered a mechanical problem in Baltic sea, shortly after midday Feb 25.
The cargo ship was en route from Kiel...
Weekly Maritime Security Report – Week 6, 2020
Protection Vessels International has released the 6th Weekly Maritime Security Report of 2020. The report summarized on 20th February 2020 highlights the various incidents...
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