The Ship Recycling industry is expected to resume its operations soon.
With many countries easy restrictions and lockdowns, services might resume soon.
Price levels are locally starting to creep back up after an initial fall due to the...
In a major development, the Digital Container Shipping Association (DCSA) has gone on record stating that the container shipping industry could save itself up to $4bn a year if half of all bills of lading (B/Ls) were dealt with...
The Bureau of International Recycling has alerted its members.
It announced that the UAE will suspend exports of ferrous scrap and recovered paper.
The operations remain suspended from the beginning of May 15 for four months.
It is...
Cosco Shipping Heavy Industry has fixed a newbuild jackup rig, with UAE-based Selective Marine Services, says an article published in Splash 247.
About the deal
Cosco Shipping Heavy Industry has fixed a newbuild jackup rig, abandoned at its Dalian yard, to...
The Egyptian MSMEDA has allocated EGP 1.19 billion in funding to 48,743 small and micro projects during the first third of 2020.
The financing comes as part of efforts to combat the negative fallout of the coronavirus (COVID-19)...
As days pass by and the covid19 situation develops it is paramount to gain knowledge of what's going in the world. Keeping that in mind, Platts has published this COVID19 Business update which we are highlighting here
COVID19 May 26...
In a major development,NSC-Group, a leading technical and operational shipmanager, has announced that they have renewed their agreement with Marlink for the provision of high bandwidth Sealink VSAT to its fleet of more than 40 vessels, reports the Maritime...
Greek owner Evangelos Pistiolis ordered two scrubber-fitted suezmax tanker newbuildings at Hyundai Heavy Industries (HHI), says an article published in Shipping Herald.
Scrubber-fitted suezmax tanker
Pistiolis has reportedly ordered two scrubber-fitted suezmax tanker newbuildings at Hyundai Heavy Industries (HHI), worth a...
Wallenius Wilhelmsen has pilot-tested Jotun’s remotely-operated proactive hull cleaning robot onboard one of its RORO carriers.
The project team applied antifouling test patches on the hull, installed the unit on board and provided training for crew members.
Jotun...
Hahn & Co. and Hana Financial Group have agreed to buy a 100 percent stake in H-Line Shipping for 1.8 trillion won ($1.45 billion).
The two firms will create a project fund for the leveraged buyout of H-Line...
