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Coronavirus Comes at the Worst Time for Shipping

The outbreak of the coronavirus comes at one of the worst time for the shipping industry.

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IMO Urges Unnecessary Delays to Ships Are Prevented

Shipping

IMO urges member states to undertake measures to prevent unnecessary delays of ships.

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Ten Seafarers Kidnapped from Tanker off Cotonou

Tanker

Ten crew members have been kidnapped from a crude oil tanker off Cotonou, Benin.

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SEALNG: 175 LNG-Fueled Ships in Operation, 203 on Order

LNG Powered

There are 175 LNG-fueled ships currently in operation, with 203 on order.

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Maersk Tema Boarded by Pirates off Guinea, Crew Safe

Maersk Tema

Maersk Tema boarded by pirates while underway off the coast of West Africa on Friday, February 14.

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Coronavirus Outbreak: VLCCs Hit the Hardest

Tanker

The daily cost of hiring a VLCC for 12 months has fallen by over 20% in the last month.

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China’s Oil Demand Drops for 1st Time since 2009

Tanker

Wood Mackenzie has lowered its oil demand forecast for Q1 2020.

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Readers’ Picks of the Week (27-31 Jan, 2020)

shipping

Here are the most read stories of the past week.

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Study: LNG as Marine Fuel not Such a Cool Choice?

cardissa

Study: LNG might not reduce greenhouse gas emissions on a life-cycle basis.

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Seafarer Happiness Down amid Stress over New Regulations

ship

Workload stress caused by changes in regulations among key reasons impacting the seafarers' happiness level.

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Too Early to Draw Conclusions on VLSFO's Carbon Emissions

shipping

IBIA: still premature to draw valid conclusions on the level of VLSFO's black carbon emissions.

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Kidnapped Seafarer Received Medical Help from Pirates

pirates

A kidnapped seafarer of MV Duke was provided with medical help by pirates but they did not manage to save him.

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How Did Super Pollutant Fuels Come to Market?

Arctic

The Clean Arctic Alliance is calling for an immediate switch to distillate fuels for ships in the Arctic.

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Seafarers Face Screening amid Coronavirus Outbreak

Shanghai

Seafarers calling at Chinese ports are advised to wear masks and take precautionary measures.

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Readers' Picks of the Week

shipping

Here are the most read stories of the previous week.

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Maersk Ups Bunker Surcharge amid VLSFO Price Rise

Mumbai Maersk

Prompted by a price surge of VLSFO, Maersk has decided to increase its bunker surcharge.

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Pirates Fire Upon Boxship off Nigeria

containership

A group of armed men fired upon a containership underway off Nigeria.

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Containership Hit by 'Devastating' Fire off Mozambique

KOTUG

The steerless containership was battling high swells posing a safety risk to its 25 crew members.

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Vessel Demand Rises as Boxships Queue for Scrubber Retrofits

containership

More than 100 containerships aggregating 950,000 TEUs were in yards for scrubber retrofits last month.

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Kitack Lim: Prices for Compliant Fuels Stabilizing

Kitack Lim

Kitack Lim: Prices for compliant fuels appear to be stabilizing.

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A.P. Møller Capital Gets Green Light for Terminals in Africa

Acquisition

EC approves APMC's acquisition of joint control over 4 project companies with concessions to build terminals in Africa.

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VLSFO Not So Environmentally-Friendly after All?

cargo ship

New blends of marine fuels with 0.50% sulphur content can contain a large percentage of aromatic compounds.

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Over USD 1 Trillion Needed to Decarbonize Shipping by 2050

shipping

At least USD 1 trillion of capital investment is required to halve shipping's emissions by 2050.

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Vale's Recovery to Be the Biggest Swing Factor for Iron Ore

Bulker

Wood Mackenzie forecasts an accelerated recovery in shipments from Q1-20.

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Kidnapped Duke Crew Released, One Dies in Captivity

Tanker

Nineteen kidnapped crew members of the tanker Duke have been released while one seafarer died in captivity.

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MSI Predicts Dismal Q1 for Bulker Operators

bulker

Dry bulk carrier operators don't seem to have a lot of reasons to be jolly as they enter 2020.

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Suez Canal Authority Bans Scrubber Wash Water Discharge

Traffic in the Suez Canal

Discharging scrubber wash water in the Suez Canal is strictly forbidden.

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