Ghana’s seaports among global best – West Blue CEO
The Chief Executive Officer of West Blue Consulting, Mr. Mark Addo, has stated that the various port reforms rolled out by the IT firm on behalf of the government have…
George Floyd death: Ex-officer charged with murder in Minneapolis
A former Minneapolis police officer has been arrested and charged with murder following the death of an unarmed black man in custody. Derek Chauvin, who is white, was shown in…
IMO, other UN agencies call for urgent action on crew changes
The heads of the three agencies of the United Nations comprising the International Maritime Organisation IMO, International Civil Aviation Organisation ICAO and the International Labour Organisation ILO have issued a…
Three factors driving crude oil’s dramatic rebound
Crude oil prices have come a long way since the deep dive into negative territory a month ago. One could argue that the price of West Texas Intermediate (WTI) is…
UK seaports face greater uncertainty due to COVID-19 than Brexit-Report
Just 36per cent of United Kingdom seaports feel confident about their business outlook over the next 12 months and 86per cent reported either substantial or severe impacts on shipping and…
COVID-19: World economy to shrink by 3.2%, new UN report projects
In its World Economic Situation and Prospect WESP report update, launched on Wednesday, the UN Department of Economic and Social Affairs DESA said that as of mid-2020, the gross domestic…
Eight ways to rebuild stronger ocean economy after COVID-19
Almost no facet of our global economy has been immune to the COVID-19 crisis. Much has been said about the disruption in more familiar sectors such as airlines, restaurants, and…
COVID-19: Ports asked to speed up release of goods
The government has asked the authorities concerned to take effective measures for speedy release of imported goods–especially key essential commodities–from different ports amid the coronavirus pandemic, officials said. It has…
Oil prices may exceed $30 per barrel in summer due to demand recovery
Oil prices may exceed $30 per barrel in the summer due to a recovery in demand, but sharp growth should not be expected, Head of Gazprom Neft Alexander Dyukov said…
COVID-19: Container fleet to shrink with prices, rates on slow recovery
Container ship The novel coronavirus COVID-19 pandemic will lead to a contraction in the shipping container fleet and keep prices and lease rates under pressure in 2020, according to analyst…
