South Korean shipping company Pan Ocean announced that Joong Ho Ahn is newly appointed as a Chief Executive Officer with effect from the date of the Board of Directors Meeting on March 30, 2020.The new CEO takes over for Sung Yob Choo who has retired before his term expired due to personal reasons.
Coffee importers in some of the largest consuming countries are stockpiling, bringing forward orders by up to a month to avoid shortages if supply chains are disrupted by coronavirus lockdowns.The global pandemic has prompted governments around…
A liquefied natural gas (LNG) tanker which loaded a cargo from the United States is currently heading to China, the first shipment since March 2019, according to shiptracking data from Refinitiv Eikon and Kpler on Monday.The tanker SK Resolute…
Supertanker freight rates are on the rise for a second time this month as producers, refiners and traders scramble to secure ships to transport crude or store a fast-growing global glut of oil, industry sources said.Freight rates for very large…
Yamal LNG, controlled by Russia's largest liquefied natural gas (LNG) producer Novatek, is resuming ship-to-ship transfers in Norway, Novatek said on Monday, after plans to shift the operations to Russia fell through due to coronavirus.Novatek…
Oily water separators (OWS) have been a common fixture of a ship’s machinery space for many decades. With the amount of experience, research and legislation that has gone into them, it would be easy to think that their use would almost be hassle free…
As the world grapples with best practices to contain the spread of the current coronavirus, Dr. Bashir Jamoh, the Director General of the Nigerian Maritime Administration and Safety Agency NIMASA, said the agency has developed guidance to support ships that operate in the Nigerian maritime domain…
“Transparency creates trust and trust creates an environment in which people are more likely to be honest, share ideas and knowledge and collaborate towards common goals.” -Dr. Binay SinghShips cannot run on fuel, fresh and sophisticated equipment…
South Africa's logistics firm Transnet said it would reduce transport services and non-essential cargo operations during a nationwide lockdown that began at midnight on Thursday to contain the coronavirus.The state-owned company said shipments…
Nigeria will only allow cargo vessels that have been at sea for more than two weeks to dock in its ports to prevent the spread of coronavirus, President Muhammadu Buhari said on Thursday.Health experts fear a widespread outbreak in Africa's…
In the midst of uncertainty and significant risk to people’s health, it is clear that the need for robust and accurate screening and testing of Covid-19 is needed now more than ever.The social and health implications of Covid-19 have already been well documented…
In a few short months, the mayhem wrought by coronavirus has changed the world. Our response to the epidemic [more than the virus itself] has the potential to permanently alter the balance of the global economy. But it might be the kind of Black…
At least five fully-laden liquefied natural gas (LNG) tankers are idling offshore India, as yet unable to discharge their cargoes, after importers there declared force majeure earlier this week, according to an analyst and shipping sources.Gas…
The deadline to take the 2020 MarTID survey of mariner training practices is March 31, 2020, and your participation is vital to its success.Take the survey today:Vessel operators: https://www.surveymonkey.com/r/2020MarTIDOperatorTraining institutions: https://www…
Inmarsat Maritime President Ronald Spithout says providing crews with enhanced levels of connectivity and support is critical at this unprecedented time, and offers an insight into the work already underway with welfare organizations to assist seafarers in need…