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An industry-wide survey calling on seafarers and shore-staff to share their Covid-19 workforce insights has been launched by Lloyd’s Register and marine industry partners to understand how the pandemic has affected, and continues to affect the industry and the health and mental wellbeing of its employees.
Oil product tankers earnings have skyrocketed in the first half of 2020, while the Sale and Purchase (S&P) activity of the oil product tanker market has slowed to the lowest level since 2016.
BIMCO has produced a COVID-19 Crew Change Clause for Time Charter Parties in response to the extraordinary circumstances faced by many owners whose crew have had to remain on board during the COVID-19 “lockdown” for periods often extending beyond their contracts of employment.
To assist seafarers and their mental wellbeing in coping with the challenges imposed by COVID-19 pandemic, BIMCO compiles a list of useful resources to enable seafarers to seek free, immediate and direct help. Members are highly recommended to inform their seafarers of this availability.
Transits through the Suez Canal, the beating heart of the Egyptian economy, have stayed remarkably resilient to the fallout of the Covid-19 pandemic if judging by total transits of the three commercial shipping sectors which are up 8% year-on-year.
BIMCO is joining the International Chamber of Shipping (ICS) in a call to encourage shipping companies or masters to fill in a Crew Change Report Form launched by ICS and thereby help encouraging Governments to facilitate crew change throughout the Covid-19 pandemic.
UNCTAD and IMO issue joint-statement calling for action by government states to facilitate crew changes.
The coronavirus pandemic has shutdown much of the US economy for months and even as parts of it reopen, the data is beginning to reveal the extent of the damage that has been done and a slow recovery is taking a tentative shape.
Since March, when COVID-19 was declared a pandemic, the BIMCO port information database has been publicly open and free to use. However, as the virus gradually retreats and a new normal is expected, the general port information – including holiday information – will once again be limited to BIMCO members.
Following several discussions with the Hong Kong Shipowners Association, the administration in Hong Kong is opening for conditional but unrestricted crew change in Hong Kong.
In yet another turn of extraordinary events, the Baltic Dry Index (BDI) is now hovering around the lowest level in at least 20 years.
Following a significant number of enquiries related to the recent relaxation of restrictions on crew change, the Maritime and Ports Authority (MPA) in Singapore has issued a guideline and FAQ with the aim to facilitate crew change.
The heads of the maritime, labour and aviation organizations of the United Nations have issued a plea for urgent action on crew changes and for keyworker designation to pave the way for sea and air workers to be relieved and repatriated safely during the Covid-19 pandemic.
The outlook is poor for dry bulk, as the negative demand shock and overcapacity come together to send rates to multi-year lows, even a return to work in China is not enough to support the market.
The information provided will be of great value in the work done to facilitate crew changes.
BIMCO-made posters to protect seafarers and visitors onboard ships against Coronavirus (COVID-19). Black-and-white posters that can be easily printed and use...
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