BW Offshore Scraps 41-Year-Old FPSO

Norwegian floater specialist BW Offshore has agreed to recycle its 41-year-old floating production storage and offloading (FPSO) vessel Umuroa at Baijnath Melaram yard in...

Intel Intends To Roll-Out Third-Gen Optane Memory

Intel intends to introduce its 3rd Generation Optane Persistent Memory modules in a few weeks, the company said at a recent Storage Field Day,...

Russia Loses Its First GRU Chief As Toll Worsens

Russia has admitted to losing its first GRU military intelligence spy in the war in Ukraine. Another officer to die was Georgy Dudorov,...

A Global Food Catastrophe Is On The Verge Of Erupting

He has called the war a special military operation to rid Ukraine of dangerous nationalists and Nazis. Putin said last Thursday that food...

Experts Urge For Introduction Of Carbon Neutral Ships

Transport experts on Thursday renewed the call for the introduction of carbon neutral ships in order to reduce black carbon emissions into the atmosphere,...

Shipping Mints More Money As Supply Chain Squeeze Drags On

Great news for ocean carriers like Zim is generally ominous news for U.S. importers paying painfully high freight bills — and there was a...

IMO Seeks Safe Corridor For Ships And Crew from Ukraine Conflict

The International Maritime Organization (IMO) has called for the setting up of a safe corridor for the safe evacuation of seafarers and ships stranded...

IACS Council Withdraws Russian Register’s Membership

The International Association of Classification Societies (IACS) Council has agreed to exclude the Russian Maritime Register of Shipping (RMRS) from the IACS membership, reports...

Instable China’s Oil Market Demand For This Reason

Oil product demand may fall by 4% from original estimations Jet fuel, gasoil, gasoline most hit Analysts to observe government's policy adjustment A recent...

Gasoil Output At China’s Independent Refineries Fall By 17.3%

Feb feedstock consumption falls to a 2-year low Product stocks increase in early March on hiking crude prices ZPC and Hengli raise throughputs...