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

China is speeding up resumption of main projects in various regions, with governments at all levels rolling out supportive policies and regulations to recover work effectively while continuing to impose strict control of the COVID-19 outbre

If you want to travel on a cruise these days, think twice. On March 13, the Cruise Line International Association (CLIA) announced that cruise ship operations from and to US ports will be temporarily suspended for 30 days as a result of con

A cargo ship from Guinea unloaded 262,000 tons of bauxite at Yantai port, eastern Shandong province on March 16. During the epidemic, Yantai port opened a green channel for materials which improved the efficiency of ship departure, cargo un

MSC MINA and MSC SAMAR, two state-of-the-art and the worlds largest container ships, with a remarkable lifting capacity up to 22.49 tons or 23,656 TEUs, are 400 meters long, 61 meters wide and 81 meters high. The two mega vessels docked at

Frontline, a shipping company owned byJohn Fredriksen, recently completed the acquisition of 10 Suez tankers in Trafigura. This batch of Suez tankers has signed a sale andchartering contract with ICBC Leasing, with a total value of $ 544 mi

On March 17, the contract signing ceremony of two new 52000DWT bulk carriers for Jiangsu New Yangzi Shipbuilding and Shanghai Huayuan Shippinog was held at Yangzijiang Shipbuilding Group. Mr. Zhang Tao, deputy general manager of the group,

1.China will increase export tax rebates on almost 1,500 products from March 20, the finance ministry said on Tuesday, as the government looks to ease the pressure on companies hit hard by the coronavirus outbreak. 2.Mediterranean Shipping

In light of the ongoing global developments surrounding the COVID-19 pandemic, IBIA is looking to offer practical advice to our members to mitigate the risk of infection during bunkering operations. Given the international nature of shippin

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

In view of the escalating challenges we all face as a result of the Coronavirus-COVID-19 pandemic and the need to safeguard the health and wellbeing of our exhibitors and visitors while at the same time complying with WHO and Greek Governme

China will increase export tax rebates on almost 1,500 products from March 20, the finance ministry said on Tuesday, as the government looks to ease the pressure on companies hit hard by the coronavirus outbreak. The Ministry of Finance sai

Maersk has, due to the consequences of the coronavirus, suspended all crew changes until April 14, the company tells union Co-Sfart. To minimize the risk of spreading coronavirus, Maersk will not change crew on its ships over the next month

There is much in the press about the economic impact of the Coronavirus (CoVid19) outbreak on tourism and supply chain/trade disruption with China. The insurance industry is already affected for example by cruise line passengers, crew PI an

Shipbuilder China Merchants Heavy Industry (Jiangsu) is building a new cruise vessel for owner Changjiang Cruise Overseas Travel. The CSC-designed vessel is intended for operation on the Yangtze River, the largest river in China, and is sch