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UP World LNG Shipping Index Shows Signs Of Decline
The UP World LNG Shipping Index (UPI) declined by 1.28 points or 0.83% last week, reaching a closing value of 152.45 points. This index...
Greek Vessel Struck By Houthi Missile In Red Sea
Yemen's Houthi rebels have targeted a Greek-owned bulk carrier, sailing from Vietnam to Israel in the Red Sea. The Iranian-backed group claims a successful...
Japanese Trio Joins Forces On Development Of Rigid Sails
Japanese companies Tsuneishi Shipbuilding, Mitsui E&S Shipbuilding, and Akishima Laboratories have joined forces on rigid sails as a new device for energy saving.
As informed,...
Maersk Pioneers First-ever ‘Block Train’ From Japan To UK
As part of its intermodal solution and building on its experience with intercontinental rail deliveries between Asia and Europe, Maersk has arranged a block...
Judge Orders Shipper To Deposit $108 Million To Secure Ship’s Release
London High Court ordered two defendants to deposit US$76 million.
The deposit has to be deposited into a Singapore court to free the...
Oil Prices Will Be At $ 40 A Barrel In 2016 – LukOil CEO
The oil prices will remain at the level of $42-47 a barrel in 2016 predicts Lukoil CEO.
The Chief Executive Officer of the Russian oil...
[FAQ] How To Clean & Disinfect A COVID19 Infected Ship!
As the COVID19 pandemic wreaks havoc around the world shutting down ciities and halting trade, shipping is experiencing major disruptions. To safegurad the health...
Major Shocks To Supply Chains In 2022
Top disruptions that shook supply chains in 2022, states a new supply chain dive news source.
Geopolitical conflicts
Geopolitical conflicts, strike threats and weather-related disasters tested...
Hell Yeah, There are Women Marching Even in Antarctica
If you haven't heard, January 22 was the Women's March on Washington. At least 500,000 people marched in D.C. in solidarity the day after...
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Live Discharge Tests Prove Vital For CO2 Safety!
Survitec, a global survival technology solutions provider, unveils pioneering tests on FPSOs. Full-release tests, a first for this vessel type, confirm the value of...
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BP Publishes MSPA Template To Standardise LNG Industry
Gas major BP has published its MSPA templates to contribute to the broader discussion around standardization and liquidity for LNG transactions.
An MSPA...
Tanker Freight Rates Surge Following US Sanctions
The tanker freight market has experienced a significant surge in futures prices following the US announcement of sanctions on over 180 Russian-linked vessels. This...
The Real Issues in The Debate Over Scrubbers
With the new sulfur limit coming into force in 2020, ship owners and operators are looking to comply with the regulation, and a debate...
