Oil Companies International Marine Forum (OCIMF) has issued an update to its COVID-19 bulletin, which gives further guidance on Ship Inspection Report Programme (SIRE)/Offshore Vessel Inspection Database (OVID) inspections. In the update, O

From the desk of the Panama Maritime Authority Administrator, Noriel Arauz. Dear shipowners, customers and all seafarers. As the Panama Maritime Administrator supervising the Panama Ship Registry, I want to reassure our loyal customers who

IMO Secretary-General stresses vital need to maintain commerce by sea and protect seafarers welfare in face of coronavirus shut down. IMO Secretary-General Kitack Lim has issued the following statement addressing the effect of the coronavir

The number of people in the community who have tested positive for COVID-19 after disembarking a cruise ship in Sydney last week has risen to at least 49. The Ruby Princess ship was carrying 1,100 crew and close to 2,700 passengers. Passeng

The earnings of shipping companies globally will decline in 2020 amid sharply reduced demand for shipping services in the wake of the coronavirus outbreak, Moodys Investors Service said in a report. This is because of the expected impact of

Cosco Shipping has launched its first service between North America and Latin America, even as containerized trade growth between the United States and South America last year fell to its lowest point in three years. The BZX route, which st

The Liberian Registry has announced its latest proactive and industry leading measures with regards to implementing temporary vessel registration and mortgage recording procedures; and in doing its utmost to stay ahead of the disruptions br

Low-sulphur fuels accounted for 84% of total February sales in Singapore, slightly up from 83% in January. The sale of low-sulphur fuel oil (LSFO) made up the largest component at 71.5%, with Marine Gas Oil (MGO) accounting for 12.5%. Total

The coronavirus pandemic is impacting global shipping demand for 2020 negatively. The speed of the virus spread makes it difficult to assess the full consequences. Nevertheless, we see a need to update our 2020 forecast to make some of this

Mediterranean Shipping Co. said it is puzzled by the presence of high-sulfur fuel oil (HSFO) on board the MSC Joanna during port calls at Jebel Ali last week, a violation of new International Maritime Organization (IMO) rules that has left

Panama Ship Registry: CoThe Panama Ship Registry, the worlds largest register of vessels, wants to reiterate its concern on the constantly-changing situation of the pandemic Corona Virus (COVID-19) and re-assure its shipowners, ship manager

Several cruise ships are stranded at sea, some with confirmed coronavirus cases on board, as the pandemic expands around the globe. Some ships have been denied port, leaving them to anchor off the coast of a country. Other cruises have dock

VLCC A week ago in the Middle East, the Saudis lowered their April crude Official Selling Price (OSP) and raised production levels by 2.6 million barrels per day (BPD), to 12.7m BPD, with an additional one million BPD coming from the United

Costa Cruises announced on Friday it will be suspending all of its global voyages until April 3 in the wake of the novel coronavirus disease (COVID-19) outbreak around the globe. The company said all of its cruises have strengthened epidemi

The IMO Headquarters building is closed to visitors and staff, on Thursday 12 and Friday 13 March, as a precautionary measure due to the COVID-19 virus. This follows the 11 March assessment by the World Health Organization (WHO) that COVID-