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Global bunker fuel demand set to drop 5%-10% on COVID-19 pain – expert

Global bunker fuel demand is likely to fall by 5%-10% year on year in 2020 as the coronavirus pandemic slows trade and impedes shipping and ship crew movements in many countries, a bunker industry expert said. “Major bunkering hubs worldwide likely

Panama to Fine Ships up to $10,000 if They Tamper with Transponders

Panama’s Maritime Authority said it will impose sanctions on vessels, including fines of up to $10,000 and withdrawing its flag from the ship, if they deliberately deactivate, tamper or alter the operation of their tracking transponders. “This General Directorate of Merchant

Med Marine to Build Tug for Port of Mombasa

Turkish tugboat builder, towage and pilotage operator Med Marine said it has signed a deal with Kenya Ports Authority (KPA) to build and deliver a new 42-meter tugboat for the Port of Mombasa. The vessel is scheduled to enter service in