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Coronavirus & Tankers

Daily news, analysis and updates from the Lloyd’s List team on how the coronavirus outbreak is affecting the tanker sector

 

 

How is the coronavirus affecting Tankers?

K Line to scale back fleet amid ‘harsh business environment’

Company’s net losses stood at ¥955m in the first quarter compared to the year-ago net profits of ¥7.8bn

Asia Pacific Containers

Outlook: Is shipping coping with the pandemic?

The outlooks, forecasts and predictions for 2020 which were compiled at the end of last year now look like they were made in another age and on another planet. So what has the remainder of this most unusual year got in store for the industry?

Containers Dry Bulk

Seafarer crisis is a challenge for the whole marine sector

First and foremost, shipowners and their insurers will very likely face claims from seafarers

Containers Dry Bulk

Tankers facing wild ride as global depression looms

Opec cartel navigating geopolitical and economic icebergs as oil market rebalances over 2020’s second half

Mid-Year outlook Lloyds List magazine

Trade imbalances smother LPG sector

Freight rates to remain at depressed levels in the second half of the year

Mid-Year outlook Lloyds List magazine

Pandemic overhang clouds LNG uptick in second half

The threat of a second coronavirus wave has dampened LNG demand and depressed prices to persistently low levels, which is not supporting ramp-ups at liquefaction plants

Mid-Year outlook Lloyds List magazine

Seafarers close to breaking point, warns shipmanager

With 300,000 crew still stranded at sea amid tightening crew change policies, the risk is rising that they will refuse to renew their contracts

International Asia Pacific

Performance reaps benefit of tanker switch

The company, formerly known as Diana Containerships, now owns four aframax tankers with only one remaining panamax container vessel

International Diana Shipping Inc

CMA conference switches to fully virtual event for 2020

‘In light of health and safety recommendations and keeping our community, both here and abroad in mind, CMA Shipping 2020 will be delivered as a 100% virtual event,’ said organisers

North America United States

MOL tightens coronavirus measures as Japan’s cases rise

Work-from-home arrangements have generally been slow to take off in the tradition-bound Japanese corporate environment

Japan Containers

Free seafarer ‘wallet’ for crew

Seafarers can download a free, web-based wallet to monitor and track their health status, which developers say mirrors UN protocols

Crewing International

‘Crew during crisis’ seafarer support videos

Health experts and mindfulness coaches have contributed to a new series of videos aimed at helping seafarers cope during the coronavirus pandemic

Crewing Coronavirus
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