Tag: Coronavirus Impact
Mitsui O.S.K. To Invest $710m In New Cruise Ships
The vessels will be successors to the company's Nippon Maru cruise ship, which was built in 1990 and is showing its age.
The...
China To Meet 2021 Economic & Social Targets Amidst Coronavirus Regulations
Beijing set a moderate growth target of above 6%, which is likely to accomplish even as the economy slows in the second half.
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WFS Posted A 54.3% Fall In Net Income
New York-listed oil and bunker trading firm World Fuel Services (WFS) on Thursday (29 April) posted a 54.3% fall in net income for the...
China, Hong Kong Stocks Climb Indicating Economic Recovery
According to a recent Reuters report, China and Hong Kong shares climbed on Monday, as investors cheered better-than-expected gross domestic product data (GDP) pointing...
Crew Change Crisis Exploited, Warns ITIC
ITIC has warned its ship and port agent members to be aware of people traffickers, says an article published in Seatrade Maritime News.
Illegal immigrants
The...
Europe Bracing for COVID19 Second Wave, Better Testing Needed
UK may see the second big wave of coronavirus, if it reopens schools without with less number of testing, says a study.
To...
China Aims LSFO Self-Sustainability With A New Bunker Fuel Contract Tract
China could become self-sustainable in the LSFO market during 2020, producing 18.1 million metric tonnes (mt) of low sulphur bunker fuel this year.
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COVID19 Drives Blockchain-based Bills of Lading
India gives the green light for use of blockchain-based bills of lading as part of the country’s efforts to digitise its maritime supply...
Petition To Secure Seafarers Condition and Uninterrupted Global Supply Chains
Capt. Andriyan Evtimov, Bulgaria’s Good Will Ambassador to IMO started a global petition “Seafarers Matter”. It is gaining huge support from the seafarers all...
Coronavirus Impact To Put Asian Economies With Zero Growth This Year!...
Economies in Asia will see zero growth this year for the first time in 60 years.
Global economy will face the "worst recession...