The problems that seafarers face because of the pandemic is not just about labor rights This is a humanitarian crisis. Here is why and what needs to be done for the solution. The effect of the pandemic on seafarers is no joke. The travel bans and restrictions imposed by almost every country due to the…
Here is the latest COVID-19 related news from the industry. The shipping industry expects a recovery in two years A recent survey conducted by multinational law firm DWF shows that but most players in the global shipping industry believe that the sector will get over the devastating effects of the COVID-19 pandemic and recover within…
Here are the cruise market expectations for 2021 based on the latest developments in the industry. The value of the passenger ships continues to drop sharply as the COVID-19 pandemic freezes the cruise industry. According to the VesselsValue’s report, the total value of the 474 cruise ships in the World (including the 108 on order)…
The coronavirus (COVID-19) pandemic has made life a lot harder for businesses as well. The uncertainty forces us to do a solid business continuity plan. Here’s how to do it. Having a continuity plan has always been crucial for businesses. The coronavirus pandemic has made it even more important. The business owners have to strategize…
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…