Suez Canal Traffic Unaffected! Navigation Statistics Records 8.4% Increase!
The navigation traffic in the channel is regular and is proceeding according to the normal rates.
In March 2020, navigation statistics recorded 1662...
Survivors Blood Plasma the Key To Tackle the COVID19 Epidemic!
Patients, carers and NHS staff to be infused with the blood plasma harvested from “hyperimmune” people who have recovered from the infection, says an...
Bio-security Alert: Food Wastes Flout Maritime and National Laws
Many ship waste systems allow hazardous food waste into sewage and greywater.
This gives rise to biosecurity threats and to be safely disposed...
Cruise Ships Entering Hot Lay-ups That Cost Millions Per Month Per Ship
Cruise operators are entering hot lay-up scenarios with their cruise ships.
This ensures that the crew and a ship could return to service...
Major Ports Suffer Export Crunch!
Chinese ports are bracing for a second wave of supply chain disruptions during the country’s coronavirus lockdown as the global spread of the...
Maintaining the Supply Chain, Sailors Stuck at Sea Due To COVID-19
Travel restrictions and tight virus controls leave thousands of weary seafarers stranded at sea.
Shipping companies hit by crumbling demand and fractured supply...
Tanker Freight Rates Tumble Ahead of OPEC+ Talks
Supertanker freight rates have fallen after seeing a high last week.
Freight rates can drop further if OPEC+ countries decide to cut output...
Cruise Line Raises $6 Billion in Stock To Remedy Coronavirus Aftermath !
Carnival plans to issue $1.25 billion in stock, $3 billion in secured notes and $1.75 billion in convertible notes all due 2023.
Carnival’s...
Super-Yacht Designed To ‘HIDE’ in Background
Superyachts are usually made to stand out, but HIDE's new cutting-edge concept is quite the opposite, designed to blend into the background.
The...
Crude Tanker Rates Double As Oil Prices Plummet
The coronavirus outbreak continues to drag on economic growth, and particularly dampen demand for oil products.
Removal of sanctions on a large Chinese...
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