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Chinese iron ore imports fell to 88.5 million tonnes in July, the lowest level since May 2020.
Tonne mile demand generated by US crude oil exports has fallen by 9.7% in the first two months of 2021 compared with the start of 2020.
The International Maritime Organization (IMO) has issued a set of important amendments to the International Convention for the Safety of Life at Sea (SOLAS), as well as various codes mandatory under the Convention. The changes will enter into force on 1 January 2020 and can be viewed below.
The Panama Maritime Authority (PMA) will continue to extend the Seafarer's Employment Agreement (SEA) until 14 September 2020. Thereafter, the provisions of the Maritime Labour Convention, 2006 (MLC,2006) as incorporated into the national legislation will have to be complied with.
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