30 Shipping Incidents Require Payouts Between $10m and $100m
The rising number of large insurance claims relating to container ship operation is of mounting concern both to hull underwriters and P&I clubs.
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BP Makes Record Profit with Higher Oil and Gas Prices
Energy major BP saw its profit soar in the third quarter of 2021 when compared to the same period last year.
Underlying replacement...
Maersk Acquires German Freight Forwarder
Danish shipping and logistics giant A.P. Moller – Maersk closed the third quarter of 2021 with record earnings.
Revenue grew 68 per cent...
[Watch] World’s Largest LNG-Fueled VLCC Made in Dalian
Dalian-made ship to become world’s largest LNG-fueled VLCC, following Beijing’s call to reduce carbon emissions, reports CGTN.
About the LNG powered Large Crude Carrier
Following Beijing’s...
New Bulk Carrier Ship Plies Great Lakes
Demand is expected to increase for the carbon-efficient form of waterborne transportation
The christening of the vessel, another maritime tradition, will take place...
COP26 Urges IMO To Raise Its Decarb Goals
Denmark, the United States and 12 other countries on Monday backed a goal to reduce emissions by the global maritime sector to zero...
Why Mask Debates Still Rage In Multiple Countries?
People wear masks on Broadway in New York City last month.
England, in spite of a stubborn surge in cases since the summer,...
Is Facebook Trustworthy for Its Users?
Facebook to file a lawsuit against a Ukrainian programmer for allegedly scraping and selling publicly accessible information from millions of Facebook users as reported...
Chinese Stock Up Essentials Amid Tight Covid Curbs
China's government has urged citizens to stock up on daily necessities.
The government last year launched a national campaign to curb food waste.
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Wärtsilä Supply Optimised Energy System To Support Bahamas
Wärtsilä will supply a 25 MW / 27 MWh advanced energy storage system for BPL to significantly improve generation efficiency.
The technology group...