Business

According to BIMCO general manager, Singapore, human element will be a key factor in constraining how the industry does business in the future, says an article published in their website. Business not as usual It is not going to be business-as-usual...

Protection Vessels International has released the 3rd Weekly Maritime Security Report of 2020. The report summarized on 29th January 2020 highlights the various incidents that took place in the past week. Singapore: Pirates target vessel in Singapore Strait, steal scrap metal On...

Since joining Wärtsilä a year ago as general manager of business intelligence, Andrei Voinigescu has worked to apply his experience with digital platforms and emerging business models to the marine segment. He says the next decade will be pivotal...

According to an article published in Lloyd's List, the vast funds controlled by institutional investors could easily resolve shipping’s capital crisis, but they are put off by the industry’s poor reputation, Tony Foster of Marine Capital told the Marine...

NYK and NOG  partners on for a crew transfer vessel (CSV) project linked to offshore wind power generation in Japan, reports Safety4Sea. Offshore wind power generation project NYK and Northern Offshore Group AB (NOG) signed a Memorandum of Understanding (MoU) for...

The Baltic Briefing has issued the tanker report for the 5th week of this year. The report dated 31st January 2020 provides a valuable insight into this week's tanker market dealings, freight rates, and charter activities. VLCC The market in the...

According to an article published in Spectator USA, the immigrant origins of the all-American meal 'Hamburger' has an interesting history. History of Hamburger The hamburger is the perfect meal in the hand, eaten by workers on their lunch breaks, or by...

Seaspan closes on the purchase of a fleet of six containerships. The company says its global fleet now approaches one million TEU. Seaspan's market share is up to 7.7% of the global fleet as measured by TEU. According to...

According to a Freight Investor Services report, the oil markets are responding to the coronavirus outbreak as the market slumps low, triggering actions from OPEC. The Coronavirus Effect The  coronavirus infections in China have passed 7,700 with several countries isolating citizens...

China VLSFO output to pick up from around Q2 2020 China refiners need time to add facilities, adjust output More than 3months till new refining facilities develop.  State refiners apply for export quotas to bonded market -sources Cargo...