Cryptocurrency Approved As Payment for Container Shipping!
45HC.COM will accept the CXO token as payment for its cargo shipping services.
CXO token is the currency that is used as payment...
OPEC+ Cuts Down Crude Oil Production by 9.7Million BPD
OPEC+ is on the way to trimming 9.7 million barrels of daily crude output.
Oil prices have recovered by 60% in the past...
Digital Twins Help Predict Ship’s Structural Performance, Says DNV GL
According to DNV GL principal specialist Gaute Storhaug, Digital twins can help owners, operators and class societies predict the structural performance of ships, says...
Seaspan Opts for Alfa Laval Integrated Steam Solution for Low Sulphur...
Seaspan Ship Management opts for Alfa Laval Aalborg integrated steam solution to support low sulphur compliant fuel usage, says an article published in Seatrade...
13 Cyber Security Challenges and Threats Ports Face
The European Union Agency of Cyber Security's report on smart ports and technology, presents the pros and cons of technology in the shipping industry...
[Watch] #Weathering The Storm Campaign Salutes Seafarers!
In light of these challeging times and difficulties the seafarers are facing, the American P&I Club and Eagle Ocean Marine honor the seafarers...
Oil Giant Puts Back Few Floater Projects!
Petrobras admits some floater projects off Brazil may be postponed, writes Fabio Palmigiani for Upstream.
Floating production storage
Brazilian oil giant Petrobas has 13 FPSOs...
Wilhelmsen Reports First Quarter 2020 Results
Good operational performance overtaken by significant fall in financial asset values.
This has resulted in a USD 284 million net loss for the...
AMP Halts Anchorage Tariff for Panama Flagged Vessels!
AMP suspends anchorage fees for 90 days to Panama-flagged vessels above 500g and to foreign-flagged vessels for 60 days.
Charges will be applied...
[Answer] How To Establish A COVID19 Safety Control Measure Onboard...
As COVID19 continue effect world trade and how businesses function, ships and crews are in jeopardy on ways to tackle the situation. To help...
All the Details on How COVID19 Vaccines Are Being Developed!
Bill Gates had made a comprehensive list of all the advances made by medical science in finding a vaccine for coronavirus. The article published...
Hapag-Lloyd Maintains 2020 EBITDA Despite COVID-19 Demand Fluctuations!
Hapag-Lloyd maintains its 2020 EBITDA guidance of €1.7bn-2.2bn, despite unpredictable fluctuations in demand, reports The LoadStar.
First-quarter EBITDA
Hapag-Lloyd announced that it was maintaining its...
[Watch] Top 5 Ship Management Leaders Join To Handle The Current...
Ocean Technologies Group creates a forum on the name CEO Leader Series for discussion to overcome this COVID-19 pandemic.
Top 5 Maritime names...
Carrier Reports $27m Loss in Q1 Due To Decline in Volume
Yang Ming recorded a $27m net loss for the first three months of this year
It reported $11m loss by its dry bulk...
Lifetime Opportunity for One Lucky Trader During The Oil Crisis!
The day oil prices turned negative will likely be remembered as the climax of the darkest period ever for the petroleum industry.
But...
Cargo Ship Rams Into The Lock’s Gate Causing Serious Damage!
A general cargo ship rammed into the Lock's gate while entering Kiel Canal in Brunsbuettel, in the evening May 17.
Both the ship and...
[Watch] Vaccine Developers Band Together in One Large Trial To Fight...
The US sets forth on an unprecedented effort to come up with vaccines in record time.
It is dubbed "Operation Warp Speed" by...
Weekly Bulk Report – Week 20, 2020
The Baltic Briefing has released a report about the dry bulk market of the 20th week of shipping activities of this year. The report...
NYK Line and MTI Gets ClassNK AiP for Their Autonomous Ship...
ClassNK grants AiP for the joint project by NYK Line and MTI on the concept design of an autonomous ship framework, reads a press...
Improper Purging of Furnace Caused Dangerous Explosion
The UK & PI CLUB has given a brief report titled "Risk Force: Burns" concerning the recurring fire accidents that had taken place in...
