Shipping has another brush with sanctions as US hits at Iran again
Despite the apparent ouster of US President Donald Trump, the ‘maximum pressure’ campaign keeps up
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November 2020
Coast Guard Cutter Returns Home After Crew Tests Positive for COVID-19
A U.S. Coast Guard cutter’s patrol in the Eastern Pacific has been cut short following a coronavirus outbreak on board, the Coast Guard said Wednesday.Legend-class cutter Stratton (WMSL-752) returned to its homeport Wednesday at Coast Guard Island in A…
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Demolition Activity Will Pick Up Pace If More Tonnage is Offered
Ships’ recycling activity could be much more brisker if more tonnage was available for sale. In its latest weekly report, shipbroker Clarkson Platou Hellas said that “as we enter the seasonal Diwali festivities, the true meaning being the celebration o…
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Sale of 25-year-old VLCC ends 512 days demolition draught
The sale of Sam (formerly Zoya 1), an almost 25-year-old 300,500 DWT crude oil tanker, marks the end of the fourth longest streak of zero VLCC demolitions in history, this time lasting 512 days. The last VLCC to be demolished was the 300,361 DWT “Watba…
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Will carriers fold a winning hand?
Why container lines might not want a return to business as normal. The heart-lifting scientific breakthrough for a potential COVID-19 vaccine is now diverting the world’s attention to the logistics of how will it all be moved when it becomes available….
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