Yearly Archives: 2021

Asian Fuel Margin Hits 1 Year High Amid Clenching Supply

Supported by shrinking supplies and firm demand, Asian refiners' profit from producing very low sulphur fuel oil (VLSFO) rose to a one-year high this...

Maersk Witness 6.9% Drop in Bunker Consumption Amid Pandemic

Logistics giant AP Moller-Maersk saw a 6.9% drop in its bunker consumption last year as the COVID-19 pandemic hit container freight demand, reports Ship...

Yara Steps Into The Low-carbon Ammonia Sector

Yara is stepping into the low-carbon ammonia sector, announcing a new division focused on green ammonia as a marine fuel and fertilizer, says an...

MOL Names New LNG Carrier To Import Clean LNG from USA

Mitsui O.S.K. Lines, Ltd. held the naming ceremony for an LNG carrier, ordered through a wholly-owned subsidiary of MOL online on February 9, 2021,...

US Government Directly Shipping COVID Vaccines To Health Centers

According to a Reuters report,  the U.S. government will begin shipping COVID-19 vaccines directly to community health centers around the country next week in...

BIMCO Urges IMO To Reconsider Draft Sewage Regulation 

Along with other international organizations and member states of IMO, BIMCO has asked the International Maritime Organization to reconsider its new draft sewage regulation. Together...

Charterers To Go Picky Over New IMO Carbon Rules  

New efficiency standards to squeeze tonnage supply Charterers may embrace only efficient ships Onus on shipowners to face carbon conundrum Draft amendments to the...

ABB Software To Improve Efficiency And Cut Fuel Consumption In Ships

Insights into ship’s operational data, amplified by Artificial Intelligence (AI) can help save up to 10 percent fuel and cut costs and unlocking the...

[Watch] Floating Dock That Adapts To The Waves

 Watch floating dock that adapts to the waves. Disclaimer: This video is intended for informational purpose only. This may not be construed as a news...

Apple Takes “Unorthodox & Costly Steps” To Avoid Shipping Delays

Apple has increased the usage of cargo ships & and private jets to minimize shipping delays amid pandemics, reports MacRumors. Unorthodox and costly steps According to...
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