1.On the 25th, another 300,630 DWT VLOC belonging to the Polaris Shipping suffered another major accident in the sea area near Brazil sparking fears that the ship could sink. 

2.The global offshore wind industry grew rapidly in 2019, according to a new report, with a record number of turbines going online last year and China leading the world in new builds.

3.Shipowner association BIMCO is warning that the fallout from the coronavirus outbreak in China could intensify, if stringent public health measures are sustained for an extended period.

4.PetroChina on Wednesday bought a spot liquefied natural gas (LNG) cargo for delivery in April from commodity trader Vitol through the S&P Global Platts’ pricing process also known as market-on-close (MOC).

5.Hackers are using the coronavirus crisis to try and trick maritime industry people into clicking on phishing links in emails or deliver malware. 

6.21 February 2020 - Mr Xie Chunlin, Chairman of CMES, inspected the company's headquarters and its subsidiaries, AMCL and HKMW, on their epidemic prevention.

7.To strengthen international cooperation for decarbonization, NYK has participated in two recent events at which the company presented its concept for using ammonia as marine fuel to achieve zero-emission ships.

8.Steel futures in China slipped on Wednesday on worries that the fast-spreading coronavirus outbreak would inevitably turn into a global pandemic, while expectations of a demand pick-up in the second quarter capped losses.

Source:xinde marine news

The opinions expressed herein are the author's and not necessarily those of The OLO News.