Unfortunately, many ships were sunk, foundered, or grounded this year in different parts of the World. Here are some of the most important incidents of 2020. Stellar Banner Scuttled Loaded with 294,000 tons of ore, VLOC bulk carrier Stellar Banner left the port of Ponta da Madeira, Brazil, on February 24, bound for Qingdao. The…
Since January 1, 2020, IMO member states are expected to fully implement the new global marine fuel sulfur cap. However, the COVID-19 pandemic makes it quite difficult. According to the International Maritime Organization’s (IMO) new regulations which came into force on January 1, 2020, the maximum sulfur content of fuel consumed at sea has to…
What changes and new trends are waiting for us in the maritime industry in the first new year of a brand new decade? Advances in technology, environmental concerns, commercial necessities, and many more factors will once again determine the direction the shipping industry will go. So, in the light of recent developments, let’s try to…