ECSA Survey on economic impact of COVID-19 to European shipping

(http://www.MaritimeCyprus.com) European Community Shipowners’ Associations Survey results show that important segments of the European shipping industry are heavily impacted, and European or national measures are not always available in all member states to alleviate the situation. European shipping is facing a critical moment in the face of the current COVID-19 pandemic. Shipping companies, charterers, operators,…

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IACS issues the annual review for 2019

(http://www.MaritimeCyprus.com) The International Association of Classification Societies (IACS) has issued their 2019 IACS Annual Review. The review contains a wide-range of articles of IACS work in 2019 including wave-modelling, non-destructive weld testing and container ship fires as well as commentary on decarbonization, ballast water compliance and cyber safety. There are also updates on IACS’ contributions to IMO…

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Infographic – Visualizing the Plastic Problem in Our Oceans

(http://www.MaritimeCyprus.com) Every year 6.4 million tons of plastic are dumped into the ocean. 100,000 marine life die each year from plastic entanglement. The Great Pacific Garbage Patch is a collection of marine debris in the North Pacific Ocean. 80% of the debris is from land-based activities in North America and China. It would take 67 ships and one year to clean up less than 1% of the North Pacific Ocean. Learn about our…

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New OPEX assessments for Tankers from The Baltic Exchange

(http://www.MaritimeCyprus.com) The Baltic Exchange has added quarterly assessments of the cost of operating crude oil carrying Aframax tankers and clean product carrying Medium Range (MR) tankers to its growing suite of shipping investor tools. The new service is based on assessments made by independent third-party ship management companies Anglo Eastern, Fleet Management and V-Ships.  Using…

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