Oil prices fell nearly 3% on February 27, plunging for a fifth day to their lowest since January 2019 as a rise in new coronavirus cases outside China fueled fears of a pandemic that could slow the global economy and dent demand for crude.

Port state control authorities will begin to enforce the IMOs Sulphur 2020 from 1st March, making it an offense for ships to carry fuel that contains a sulphur content higher than 0.5 percent unless the ship has an Exhaust Gas Cleaning Syst

On February 25, 2020, Greek local time, a ceremony marking the start of construction work on the cruise terminal expansion project at the Port of Piraeus was held at the ports cruise passenger terminal Themistocles. Over300 guests attended

Clean tanker freight rates for North Asia loadings have firmed in recent weeks due to strong demand to load cargoes from coronavirus-hit China and South Korea, but the gains have been limited by a sharp fall in supply of oil products from t

1.Crew members on the novel coronavirus-inflicted Diamond Princess cruise ship which was quarantined in the Japanese port of Yokohama will start disembarking on Thursday, the government said. 2.The International Chamber of Shipping has form

COVID-19 and Force Majeure under Shipbuilding Contracts As the effects of global restrictions to prevent further spread of the Covid-19 coronavirus outbreak begin to impact the shipping industry, maritime law specialist Hill Dickinson has a

Maritime department in Shanghai, east China has taken a series of measures to facilitate the shipment of production materials as many companies have gradually resumed work while containing the novel coronavirus outbreak. At a port operated

Pacific Basin Shipping Limited, one of the worlds leading dry bulk shipping companies, yesterday announced the results of the Company and its subsidiaries (collectively the Group) for the year ended 31 December 2019. Mr. Mats Berglund, CEO

Chinas Unipec, an arm of Asias top refiner Sinopec snapped up the lions share of gasoil cargoes traded in Singapore this month, despite weaker domestic demand amid a coronavirus epidemic, according to trade data and industry sources. Unipec

The joint inspection departments at ports in north Chinas Inner Mongolia Autonomous Region, northeast Chinas Liaoning Province and south Chinas Guangxi Zhuang Autonomous Region have taken multiple measures to resume import and export trade

Crew members on the novel coronavirus-inflicted Diamond Princess cruise ship which was quarantined in the Japanese port of Yokohama will start disembarking on Thursday, the government said. According to the health ministry, the disembarkati

With the expansion ofthe novel coronavirus epidemic, internationally, cargoes, containers and transportation facilities from China are under control. The shipping industry, which is the main form of transportation in the global economy and

With the expansion ofthe novel coronavirus epidemic, internationally, cargoes, containers and transportation facilities from China are under control. The shipping industry, which is the main form of transportation in the global economy and

1.On the 25th, another 300,630 DWT VLOC belonging to the Polaris Shipping suffered another major accident in the sea area near Brazil sparking fears that the ship could sink. 2.The global offshore wind industry grew rapidly in 2019, accordi

To strengthen international cooperation for decarbonization, NYK has participated in two recent events at which the company presented its concept for using ammonia as marine fuel to achieve zero-emission ships. Ammonia does not emit carbon