End game for oil? OPEC prepares for an age of dwindling demand
The coronavirus crisis may have triggered the long-anticipated tipping point in oil demand and it is focusing minds in OPEC. The pandemic drove down daily crude consumption by as much…
Naval Dome: Cyberattacks on OT systems on the rise
The maritime industry’s operational technology (OT) systems are vulnerable to a rising number of cyberattacks, with incidents expected to reach record volumes by the year's end. Attacks on maritime stakeholders…
Long-range electric ferry marks one year in operation
A ferry boat (file) Wider adoption of electric shipping and a drastic cut in carbon emissions may be round the corner with the Danish electric ferry Ellen successfully completing her…
85 crewmembers test positive for COVID aboard Alaskan factory trawler
American Triumph The factory trawler American Triumph, which experienced a major COVID-19 outbreak in June, has the disease on board once more. This time, 85 members of her 119-member crew…
What EU leaders agreed on post-COVID recovery package
European Union leaders reached a deal on Tuesday on a package of measures to boost their economies after the coronavirus pandemic, agreeing to borrow and spend hundreds of billions of…
IMO 2020 – 100 days amidst the pandemic
What was on the minds of all shipowners coming into 2020 has now been clearly over shadowed by the pandemic and its significant impact. However, challenges remain on the full…
Food commodity prices at risk of ‘market shock’ falls: FAO/OECD
Ample supply and a knock to consumption in the event of a global recession threaten to produce a “market shock” as food prices tumble, the ’s food agency and the…
Asian waters account for largest share of ships lost at sea
Lee Hong Liang Incidences of large vessels lost at sea have occurred mostly in Asian waters, even as such losses on a global basis are at a record low in…
Governments pledge action for seafarers at crucial crew change summit
IMO Sec. Gen., Kitack Lim IMO Secretary-General Kitack Lim has welcome the commitment of 13 countries to facilitate crew changes and achieve key worker designation for seafarers, following a virtual…
Coronavirus: Hundreds of sailors stranded due to pandemic’s effect on shipping
An international appeal has launched to repatriate abandoned seafarers now that ports are slowly beginning to reopen after months of paralysis in the shipping industry caused by Covid-19. Dubai Maritime…
