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The 55,989 dwt vessel was ballasting from India to South Africa for bunkers when a “minor issue” with the main engine was detected
SembMarine has warned that the effects of the coronavirus backdrop as well as low oil prices on future projects’ final investment decisions will continue to adversely affect new orders
The fire is now reported to be under control, but not yet fully extinguished and firefighters cannot yet go on board to check if there are any more survivors
Keppel’s six shipyards in Singapore remain operational albeit with reduced headcounts, while all its yards overseas except those in the Philippines are also operating
Falling revenues, reduced scrubber orders and lower throughput at ports offer early indications of the impact coronavirus is having on shipping
Uncertainty around yard slot availability, long-term fuel prices and freight rates contributed to the fall in demand
A new report digs deep into the nature of Japan’s innovation culture. It concludes that maritime would benefit greatly from start-up thinking, however the country is falling behind its competitors
Confusion has arisen concerning the different policies rolled out to keep selected yards going, while others are temporarily shut to help contain a second wave of the coronavirus
Singapore’s Ministry of Trade and Industry has not disclosed which shipyards will have to stop operations
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