Investors Ponder Upon Omicron As Economic Threat

Asian shares were mixed Tuesday as investors continued to cautiously weigh how much damage the new omicron coronavirus variant may unleash on the...

The Globe Is In A Race Against Time To Tackle Omicron

There may be household clusters among the 13 Omicron positives or clustering may have been induced by where passengers were seated on the...

Samsung Chooses SENSFIBTM To Keep New Ice-Class Vessels Safe

Samsung Heavy Industries chooses ATEX approved, fibre optic-based SENSFIBTM monitoring technology to help keep new Sovcomflot ice-class vessels safe. The first of Sovcomflot’s...

Wärtsilä Develop China’s Next-Gen Intelligent Tug Technology

Wärtsilä Voyage has signed a strategically significant MoU with China Classification Society and Tianjin Port Group to co-develop China’s next-generation intelligent tug in...

World’s First Dual-fuel LNG Battery Hybrid PCTC Delivered

UECC has taken delivery of the world's first dual-fuel LNG battery hybrid PCTC. It is set to provide significant gains in energy efficiency...

LR Accepted As World’s First Renewable Energy Certification Body

Lloyd’s Register (LR) has been accepted as the world’s first Renewable Energy Certification Body (RECB) for marine energy by the International Electrotechnical Commission’s...

UK Ports Get A New Online Tool To Meet Net Zero...

National Grid Electricity Transmission (NGET) has partnered with Siemens to create a free online tool. The purpose of the online tool is to...

Mitsui O.S.K. Lines Doubles 3-year Decarbonization Investment To $3.5 Billion

Japanese maritime shipping company Mitsui O.S.K. Lines will up to double investment in decarbonization efforts to the order of 400 billion yen ($3.5...

Merchant Fleet Worth $1 Trillion Afloat at Sea

Close to the astronomical amount of $1 trillion is the value of the merchant fleet of the ten largest shipping nations in the world,...

China’s 7-week Cargo Ship Quarantine is Bad News for Supply Chain!

China is imposing mandatory quarantines of up to seven weeks for returning Chinese seafarers. Crew changes are getting more difficult due to stricter...