Ningbo Ocean Shipping To Buy Newbuild Boxships

Ningbo Ocean Shipping Company (NBOSCO) has joined its peers in the newbuilding ‘arms race’. The Ningbo Port Group subsidiary has ordered three 3,300...

How Will Oil Prices Change the Energy Transition Scenario?

According to the International Energy Agency (IEA), the energy world will look vastly different by 2050, reports CGTN. Global energy demand should drop The world economy...

World’s First Hydrofoiling Boat Wins Prestigious Electric Speedboat Race

Candela C-7 is the first hydrofoiling electric boat in serial production. The 25-foot Candela C-7 needs only 25 hp to cruise at a...

[Watch] NTSB Releases First Images of Cargo Plane Wreckage

The NTSB has released the first underwater images of a Boeing 737 cargo plane that crashed off Kalaeloa, July 2, shortly after takeoff. ...

Cruise Ships a Catastrophe To the Environment

Cruise ships kill whales, leak gray water, and are largely exempt from US taxation When they violate the law, they pay the equivalent...

Bunker One Reports 20% Volume Gain in 2020/21 Financial Year

marine fuel supplier Bunker One increased its market share over the past 12 months with a 20% gain in bunker volumes Bunker One recently added biofuel to...

Sinopec To Use Up its Export Quotas For Bonded Bunkering

Sinopec's tight bonded bunker quota likely to squeeze supplies They account for about 65% of China's LSFO production China's top low sulfur fuel oil...

China Cautious of Socio-Economic Impact of Unregulated Carbon Market

China wary of the socio-economic impact of the unregulated carbon market reluctant to give free rein to market forces to determine a carbon...

[Watch] Tanker Collides With Cargo Ship

A bulk carrier and a cargo ship collided at Sungai Muar, reports TheStar. What happened? A steering system failure is suspected to be the cause of...

If You Don’t Get Updated, You Will Get Outdated

We are all aware of huge strides made by artificial intelligence. This technology is making huge inroads in our day to day activities, taking...

Container Squeeze in South Korea Throws Exporters into Costly Gridlock

thousands of exporters like Dongkwang struggling to move their goods through Busan the world's 7th busiest container port, where terminals handle over 59,000...

US Sees A Rising Surge In Covid Cases With Delta Variant

The US has surpassed 20,000 new Covid-19 cases for the fourth day in a row as the highly contagious Delta variant persists. The...

LNG Market To Increase In Upcoming Days

Consumption returns close to its pre-crisis level in mature markets. After a 4% drop in 2020, natural gas demand is expected to progressively...

The World’s First Crew Transfer Vessel With Suspension System

The first commercial boat equipped with a suspension system could be a gamechanger for the offshore wind market. It minimizes the carbon footprint...

netTALK Maritime Announces Partnership With Inmarsat

netTALK Maritime announces its partnership with Inmarsat, the world leader in global, mobile satellite communications, to provide a communication system for Canadian Coast Guard...

Hyperloop Ultra-Fast Travel System Unveiled

German port operator Hamburger Hafen und Logistik AG (HHLA) and America’s Hyperloop Transportation Technologies (HyperloopTT) will showcase a new way of moving containers from...

Call for Clarity on the Enforcement of Sulphur Cap

New IMO submission calls for clarity on enforcement of 0.50% sulphur limit, reports IBIA website. Enforcement of 0.50% sulphur limit It is known that the industry...

New Compound Leaves Mr Tanker Barnacle-Free

Tanker Calypso validates Selektope antifouling ability, with zero barnacle growth after 63 months in major biofouling hotspots. Performance analysis of the first vessel coated...

Californian Wildfire Explodes Under Blazing Temperatures

Death Valley National Park recorded a staggering high of 54 C on Friday. The Beckwourth Complex headed into Saturday showing no sign of...

Proposal To Make Cargo Ships Pay For Pollution Is Making Waves

Thousands of cargo ships cross the oceans every single day, carrying everything from cars and clothing to plastic pellets and garden gnomes while their...