Inspections under the new towing vessel inspection program are continuing during the Covid-19 pandemic, but more often using remote technologies.
The Coast Guard and its third-party partners are performing fewer onboard inspections in an effort to limit potential exposure of its inspectors and the boat crews to the coronavirus, opting instead for what the Coast Guard calls “flexible and creative” techniques that put safety first.
These approaches include video conferencing and electronic...
A US port will be able accommodate larger cargo vessels following confirmation of a loan to help finance a major infrastructure project. The US Department of Transportation’s Build America Bureau will provide a loan of US$500m to the City of Long Beach, California, acting through its Board of...
https://www.hellenicshippingnews.com/us500m-loan-to-help-port-handle-bigger-ships/
Second-hand vessel sales for containerships has nosedived in the midst of the current Covid-19 crisis with just 46 ships having changed hands from 1 January to 30 April, compared to 125 in the first four months of last year, according to Athens-based broker Allied Shipping.
London-based broker Braemar says that “charter rates continue to be squeezed by the lack of fixing opportunities from liner companies”, and so it is no surprise that asset values are starting to soften.
Both the...
https://container-news.com/owners-search-for-bargain-basement-deals/
In an oversized state known for its ingenuity, pride, stubbornness and free-range capitalism, it’s a borderline miracle that Texas is even seriously considering implementing a plan for mandatory oil production reductions. Texas and oil go together like chips and queso, but if there’s way too much...
https://www.hellenicshippingnews.com/lots-of-talk-for-little-action-in-big-texas/
Limited shore leave, growing workload, and extended time at sea are taking their toll […] The post Survey: Seafarers feel trapped and unprotected during the COVID-19 pandemic appeared first on…
The staggering volume of blank sailings announced by ocean carriers in response to dwindling […] The post European ports hit the hardest by blanking of sailings appeared first on Offshore…
https://www.offshore-energy.biz/european-ports-hit-the-hardest-by-blanking-of-sailings/
150,000 seafarers will be in need of crew change by May 15, according to […] The post 150,000 seafarers in need of crew change appeared first on Offshore Energy.
https://www.offshore-energy.biz/150000-seafarers-in-need-of-crew-change/
Ports around the world are joining today an initiative encouraging ships to sound their […] The post Ships sound their horns in support of seafarers on Labour Day appeared first on Offshore…
https://www.offshore-energy.biz/ships-sound-their-horns-in-support-of-seafarers-on-labour-day/
In an effort to keep container vessels transiting its waterway the Suez Canal Authority has cut its vessel transit rates, by up to 75% for some ships.
A number of vessel owners have taken advantage of the low cost of bunker fuel, the price of which has fallen following the collapse of crude oil prices earlier this year. By sending ships around the African Cape owners can save Suez Canal charges and use vessel capacity which would otherwise be idle.
Simon Heaney senior manager, container research...
https://container-news.com/sca-seeks-to-head-off-ships-diverting-via-cape-of-good-hope/
The tanker market has never been so strong, according to Herbjørn Hansson Chairman & CEO […] The post NAT cashing in on never stronger tanker market appeared first on Offshore Energy.
https://www.offshore-energy.biz/nat-cashing-in-on-never-stronger-tanker-market/