Explosion onboard Hoegh car carrier injures local firefighters at Jacksonville

A fire erupted onboard the 4,900 ceu car carrier at Port of Jacksonville on Thursday. According to the Jacksonville Fire and Rescue Department (JFRD), the fire broke out on the vehicle’s seventh deck and spread to multiple levels. All 21 crew onboard were evacuated from the ship safely. The vessel...

https://splash247.com/explosion-onboard-hoegh-car-carrier-injures-local-firefighters-at-jacksonville/

Ports join their forces to stay operational during COVID-19

Following the COVID-19 crisis and the major disruptions that has brought within the maritime community, ports have joined their forces to remain operational and keep the global trade flow.
PORTS | 02/06/20

Specifically, more than 50 port authorities have already signed on to support the Port Authorities Roundtable (PAR) COVID-19 declaration, initiated by the Maritime and Port Authority of Singapore (MPA).

According to MPA of Singapore, ports around Asia, Oceania, Middle East, Africa, Europe and...

https://mfame.guru/ports-join-their-forces-to-stay-operational-during-covid-19/

0.5% Marine Fuel Witnesses a Mixed Market Trend

  • Marine Fuel 0.5% market witnessed mixed sentiment on the first trading day.
  • Singapore Marine Fuel 0.5% swaps curve has progressively slipped deeper into contango.
  • The end-user Marine Fuel 0.5% bunker market remained supported.
  • It is due to a widening contango that led sellers to refrain from offering down to attract buying interest and hold on to oil instead.
  • A supply overhang coupled with lackluster demand has led the differential.
  • Mean of Platts Singapore Marine Fuel 0.5% assessments to dip...

https://mfame.guru/0-5-marine-fuel-witnesses-a-mixed-market-trend/

Massive Trade Losses in COVID19 Shutdown!

industrial port with containers

No V-shaped recovery in sight after the large-scale shutdown of economic activity and the virus poses a risk to globalisation, says BIMCO CEO, Peter Sand in an article published on their website

No Uptick in Economic Activity

The global economy and world trade are being battered by the widespread and comprehensive measures to limit the spread of Covid-19. Even though some countries have started easing their lockdown measures – such as in China – there has been no...

https://mfame.guru/massive-trade-losses-in-covid19-shutdown/

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