Tag: COVID-19
Global Newbuild Orders Crumble Amid Rising Economic Setback
Pre-COVID, the bull case for shipping rates was all about plunging newbuild orders.
A drop in orders in 2019 pointed to rising freight...
VLCC the Hot Sales Candidates
Tanker prices are dropping and bargains are proving tempting for many.
Vintage VLCCs are still hot sales candidates and semi-modern ships are now...
Shipping and Logistics Sector Face ‘Optimization Crisis’ Amid Pandemic
The shipping and logistics industry must find new ways to optimize processes in the midst of COVID-19 pandemic.
Capacity utilization and lack of...
Covid 19 Impacts Shipping Orderbook To 17-year Low
Newbuilding orderbook has touched its lowest point in 17 years due to the COVID-19 pandemic.
Despite the rise in demolitions and decline...
Defence Troops Deployed To Help Contain COVID-19 on Bulk Carrier
Australian soldiers are being deployed to Port Hedland to help contain a coronavirus outbreak on a bulk carrier that last changed crews in...
Navy Union Associates With UN To Aid Stranded Seafarers
The COVID-19 pandemic has left around four lakh global seafarers, including thousands of Indians, stranded on ships.
At this juncture, India's oldest union...
US Cruise Lines Detail A ‘100% Safety Plan’ To Help Resume...
A trade group that represents most major cruise lines has unveiled a list of proposed safety measures it plans to put in place...
Britain Inflicts Strict Covid 19 Rules After WHO Warning
The British government announced fresh steps to stop a coronavirus surge in England, as the WHO warned that new cases worldwide soared to...
CLIA Launches “Mandatory Health Protocol” To Restart US Cruises
Cruise Lines International Association (CLIA) announced the adoption of mandatory core elements for a health protocol to be implemented as part of a...
Cruise Giant To Lay Off More Than 100 Crew Members
Carnival Corp.’s (CCL) Carnival Cruise Line said that it’s cutting more than 100 ship officers as it retires 18 ships across its brands.
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