Regulation

The major state-owned Chinese shipyards have started to resume work under the central government’s requirement on novel coronavirus prevention and control, however, large private yards remained closed.

One wonders, as the size and capacity of cruise ships mushroomed, and the various lines proudly unveiled their latest mammoth vessel, with all its outrageous attractions, whether anyone gave much thought to the prospect of the thousands of souls...

The 100-year old US cabotage law the Jones Act may not be the most popular piece of legislation with some but domestic OSV owners are believe it offers great opportunities.

Seanergy Maritime Holdings Corp announced that it has completed its IMO 2020 compliance plan with the installation of scrubbers on five capesize vessels, or 50% of its owned fleet.

While the economics of scrubbers have proved to be extremely healthy in the first month of IMO 2020 the price and supply picture for heavy fuel oil (HFO) could become more uncertain over time according to leading bunker supplier Monjasa.

DHT Holdings has saved $14.6m in bunkering from fitting scrubbers on 12 of its vessels to comply with IMO 2020, but six more retrofits face delays of an uncertain length due to the impact of the coronavirus on Chinese yards.

The impact of the EU, OECD, and US agency OFAC, on the maritime industry and the need for transparency were in focus at the regulation session of Norwegian and Hellenic Chambers of Commerce conference in New York.