Transits through the Suez Canal, the beating heart of the Egyptian economy, have stayed remarkably resilient to the fallout of the Covid-19 pandemic if judging by total transits of the three commercial shipping sectors which are up 8% year-on-year. Thi…
Suez Canal ship transits rise amidst the Covid-19 pandemic Read More »
For a number of months the world has been dealing with the Covid-19 pandemic. Despite this, shipping has on average only seen modest declines in activity and the bunkering industry continued to develop with new production and supply locations appearing…
Top 5 bunkering locations worth spending your next holiday in Read More »
Capesize The Capesize market made new highs for the year this week after strong iron ore demand to the far east continued to develop in the market. Earnings have lifted from sub operating cost levels under two weeks ago, to now having surged up to have…
Dry Bulk Market: Strong Iron Ore Demand Boosts Rates On 2020 High Read More »
IMO issued Circular Letter No.4204/Add.22 on 11 June 2020 (link), informing of the Singapore Crew Change Guidebook (see also https://www.ssa.org.sg/images/ssa/pdf/SG-Crew-Change-Guidebook.pdf). Recognizing the ongoing challenges that the industry is fa…
COVID-19: Updates and Operational Considerations On Board Ships Read More »
The current officer shortfall to crew the global merchant fleet is forecast to widen, despite the dampening effect of Covid-19. This is due to the reduced attractiveness of a career at sea and rising man-berth ratios which will inflate future manning c…
Officer shortage to widen and inflate manning costs Read More »