Capesize Falls & Panamax Stays Firm in This Week’s Bulk Market

Baltic Exchange has released a report about the dry bulk market for the 50th week of shipping activities of this year. The report dated...

Berthed Tanker Suffers Explosion

A tanker berthed at Jeddah, Saudi Arabia, reportedly suffers an explosion at around 2210 UTC Dec 13. The cause for the explosion is due to...

Scrubbers – 380 HSFO Combination Attractive As Global Scrubber Spread Widens

  The combination of scrubbers and 380 HSFO seems more attractive to the shipowners after the global scrubber spread (the price difference between 380 HSFOs...

5G, AI & Digital Twins in Port Operations

The Port of Livorno has become a testbed not only for how future ports may look, but also how any future industrial setting...

Beware of Stowaways in Rudder Trunk

In its recent article Gard explores how stowaways in vessel's rudder trunk can be dangerous for ships  Over the years Gard has seen several cases...

Cosco Sells Major Stake in Leasing Company for $270M

Listed leasing arm of Cosco Shipping expects to offload a substantial stake in one of its non-shipping subsidiaries to a state-owned fund for...

Bakker Sliedrecht Electrifies Two Crane Vessels For The Use Of Green...

As part of the project, nine modern wind turbines with a total capacity of 27 megawatts will replace ten existing wind turbines on...

COVID19 Causing Long Term Genetic Changes After Recovery Shows Mice Study

According to a Science Alert article, scientists have created a first-of-its-kind mouse model of the COVID-19 disease, capable of revealing how the SARS-CoV-2 virus...

Korea Ocean Business Corporation To Enter Ship Leasing

The Korea Ocean Business Corporation (KOBC) is looking to enter the ship leasing business. (KOBC)is a state-run entity aimed at supporting the local...

Noble Group Holdings Limited Sells Vessel for US$16,634,000

Noble Group Holdings Limited announces sale of vessel M/V Aqua Vision. The sale of the vessel M/V Aqua Vision for aggregate consideration of...