Ship Orders To Bounce Back Amid Coronavirus Hits?
Ship orders collapse owing to COVID hits and regulatory risks, writes Greg Miller for Freight Waves.
Plunging newbuild orders
Pre-COVID, the bull case for shipping rates...
[Watch] World’s First Tiltable Rotor Sail Unveiled
Norsepower Oy Ltd. and SEA-CARGO announce an agreement to install two of Norsepower’s largest Rotor Sails on board the SC Connector, a sidedoor...
Chartering & Financial Facility Lead To $20m Profit for Ardmore
According to an Independent article, Ardmore Shipping, a Cork-based shipping company listed on the New York Stock Exchange, has posted net income of $20.1m...
Maersk New Mooring Rope Design More Safe, Cuts Cost
In a major development, shipping giant Maersk has announced that they will begin implementation of an innovation called Snap Back Arrestor (SBA) ropes on...
How the Seafarers’ Mission Function
Amidst the raging pandemic and the excruciating trapped feeling inside ships without crew changes, seafarers are at a dire state looking for a safe...
Tracking How COVID19 Is Fostering Long-term Chronic Illness
Scientists are gearing up to study the long term effects of COVID19 which has shown the development of severe chronic illness amongst people.
...
CEO Takes Pay Cut Until Company Profits Return
CEO of CSBC Corporation has voluntarily taken a major salary cut.
He will receive a minimum salary of TWD23,800 ($810) until the company...
Improper Oil Filter Cleaning Leads To Second Degree Burns
The UK P&I CLUB published a detailed report on minimizing the risk of seafarers suffering burns at sea.
Burns - a life-changing and threatening injury
Burns...
Weekly Tanker Report – Week 31, 2020
The Baltic Briefing has issued the tanker report for the 31st week of this year. The report dated 31st July 2020 provides a valuable...
Armed Guard Hijacks Bulk Carrier
According to an article published in Maritime Bulletin, an armed guard rioted and took control of a bulk carrier.
What happened?
A rather unusual incident involving...
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