[Infographic] Covid Impact On Crude Oil Prices
After slumping to an eight-year low in 2020, global oil demand is expected to rebound by 5.5 million b/d in 2021, according...
ClassNK Grants AiP To Eco Marine Power’s Aquarius MRE
ClassNK has issued an Approval in Principle (AiP) to Eco Marine Power for the development of a renewable energy system for ships, says a...
Suez Canal Blockage’s Ripple Effect Affects Shipping Industry
Suez Canal blockage effect has rippled and still affects the shipping industry.
Severe shortage of containers have pushed freight rates to an all-time...
Klaveness Undertakes Delivery of Final CLEANBU Newbuild
Klaveness Combination Carriers ASA has taken delivery of the MV Balzani from New Yangzi Shipyard in China.
The MV Balzani is the eighth...
Vega Reederei Orders Boxship Quartet
Germany’s Vega Reederei is expanding its fleet with four 1,868 teu container vessel newbuildings from China’s Yangfan Group.
Details of the new order
Germany’s Vega Reederei...
Iridium Makes Strategic Investment in DDK Positioning
Iridium Communications Inc. announced it has made a strategic investment in DDK Positioning (DDK), an Aberdeen, Scotland based provider of enhanced Global...
[Answer] What Accounts for About 85% of All Marine Accidents?
A common interest of all shipping industry stakeholders is safe and accident-free shipping. To reach that goal, one of the most important...
Asian LNG Market Stays Strong Amidst Alarming Covid Surge
Asia's imports of liquefied natural gas (LNG) are holding up strongly and are set for gains in May.
The pricing suggests that Asia's...
Emerson’s Rosemount TankMaster Adds Roll-Over Prediction
Roll-over prediction has been added to Rosemount TankMaster inventory management software.
The update help optimize tank usage and increase safety in full containment...
Greenergy Marine Adds Physical Supply Operation In Dublin
Greenergy Marine has added a physical supply operation.
The company announced that they are expanding supply of marine fuel in the UK.
Bunker supplier...
Cross-Channel Ferry Operators Inks Charter Space Agreement
DFDS and P&O Ferries have entered into a mutual space charter agreement on the Dover-Calais route.
The agreement is for shortening freight customers’...
Ammonia Bunker Supply Chain Study
South Korean carrier HMM is collaborating with five Korean partners to carry out a study, aiming to establish an end-to-end supply chain for ammonia...
UTA Expands LNG Network
UTA, a leading provider of fuel and service cards in Europe and an Edenred company, is partnering with LIQUIND 24/7 to give UTA customers...
Moderna Vaccine Trials Shows 100% Efficacy In Adolescents
Moderna's Covid-19 vaccine is safe and appears to be effective in adolescents, the company said Tuesday, reports CNN.
Consistent efficacy
In a Phase 2/3 trial of...
Tanker Market To Expect Strong Demand On Post-Pandemic Recovery
The tanker market is set to benefit from the recovery of the global economy and trade as more oil is expected to enter the...
Investments For Sohar Port Exceeds $27 Billion
Despite the current challenging market conditions resulting from the pandemic and fluctuating oil prices, Sohar Port and Freezone reported an increase in cargo volume...
Highly Disputed Port City Bill Gets Approved
Sri Lankan Parliament on Thursday approved the controversial Colombo Port City Economic Commission Bill, with the government saying the Chinese-backed project would bring in...
Thun Tankers Welcomes Third “E-Class” LNG-powered Tanker
Thun Tankers has taken delivery of Thun Equality, the third “E-Class” LNG-powered tanker built by Scheepswerf Ferus Smit B.V in the Netherlands, says a...
Allied Shipbroking – Weekly SnP Statistics Report Week 20, 2021
It has been a stellar couple of months for commodities, with prices and demand has risen at an ever-faster pace as the global economy...
Risks In Choosing Tomorrow’s Fuel and Industries Pace With Available Solutions
Owners need solutions, not more carbon dogma says an article on Splash247.
Decarbonization process
Shipping rightly welcomed the Biden administration’s signal of re-engagement with the IMO...