Yearly Archives: 2021
Malaysian Oil Signs A MoU With National Offshore Oil Corporation
Malaysian oil and gas company Petroliam Nasional Berhad (Petronas) on Monday (15 March) signed a Memorandum of Understanding (MoU) with China National Offshore Oil...
Freight Rates Surge Up To 700% As Global Economies Commence Again
The transportation cost of containerised cargo across the world, including Pakistan, has increased by up to 700% due to an abnormal growth in imports...
GSBN’s New Incorporation Has Shareholders From Major Shipping Companies
Today the Global Shipping Business Network (GSBN) said it incorporated as a non-profit in Hong Kong. The blockchain shipping network that aims to digitize...
K Line Launches Proof of Concept To Accelerate DX Vessel Safety
K Line, in their news letter, has announced the installation of IP/MPLS solution with LTE communication proposed by NOKIA as Digital Transformation (DX) solution...
U.S. Talking To Several Countries About Extra COVID-19 Vaccine
According to the Reuters, Joe Biden has contacted several countries for the extra dose of Covid-19 vaccines.
Need more vaccines
In an interview with the President,...
Shipping Giants Look To ‘Greener’ Ships To Meet Climate Targets
Strain from a few of their largest clients is pushing corporations like world transport big Maersk to pollute much less after they transport items,...
LNG Charter Rates Hit Record Lows Supporting Strong Dispatches
LNG tanker charter rates have fallen to an all-time low in March, just two months after hitting all-time highs this past winter
The...
Crowley & ESVAGT Partner To Develop SOVs
Partnership advances the company as a total lifecycle service provider
Strategically focused on diverse services supporting the emerging energy sectors in the U.S....
Coronavirus Situation Worsening, Says Hospital Executive
Number of patients in ICU same as at the time of peak of second wave
ICUs to get filled with covid cases on...
Pacific Islands To Levy Ships for this Reason
The shipping community has called for a $5bn IMO shipping decarbonization R&D effort.
It is to be funded by a $2 per ton...