Baltic Exchange Dry Index Rise By 3.3%

Trading Economics reports of the Baltic Exchange Dry Index. Baltic Exchange Dry Index The Baltic Exchange Dry Index rose 3.3% to 2,767 on Friday, its highest since November 12th, extending gains for a second straight session,...

Shipping Industry Is Going To Rely More On Chinese Financing

The shipping industry is going to rely more on Chinese financing as those vessels that fall short of environmental standards become less attractive for traditional lenders. Shipowners say China is important for finance...

Wärtsilä & RINA Partners To Deliver A Solution With Hydrogen As Fuel

The technology group Wärtsilä, together with class society RINA, ABB, Helbio - a subsidiary of Metacon AB, the Liberian Registry, and an energy major have joined forces in an effort to deliver a...

How Marine Heat Waves Cause Billions Of Dollars Of Damage?

Marine heatwaves are catastrophic impacts of climate change. Climate change has caused surface waters to warm at an average rate of 0.15 degrees C per decade over the past 40 years. We must...

ClassNK Sign A MOU On Cybersecurity With PMA

ClassNK has signed a Memorandum of Understanding (MOU) on cybersecurity with the Panama Maritime Authority (PMA). On 17 November, PMA announced the establishment of a Cyber Incident Voluntary Reporting Scheme. As part of...

Petrobras Hits New Daily LNG Regasification Record

Brazil’s state-owned energy firm Petrobras said it has achieved a record number of ship-to-ship (STS) LNG operations as the country continues to boost LNG imports on high demand, says an article published in LNG...

[Watch] Corsica Linea To Operate First LNG-fuelled Ferry

French ferry operator Corsica Linea has revealed that it expects to take delivery of its first liquified natural gas (LNG)-powered roll-on/roll-off passenger (RoPax) ferry in July next year, says an article published in offshore...

IMO’s Statement At The MEPC 77 Meeting

MEP77 of the International Maritime Organization (IMO) addresses shipping's decarbonization and the 2050 goal as reported by Intercargo. International meeting "Given the harsh realities and tremendous challenges of decarbonisation and the associated energy transition, from technological,...

Asian Market Stock Sinks Disrupting Trade

New COVID wave in various countries. Markets in New Zealand and Southeast Asia fell. The Kospi in Seoul declined. The Dollar dropped on Thursday While the Euro rose to $1.1224. As traders saw a...

Your Essential Guide To These Popular Travel Destinations

People in the UK can now travel abroad again, although Covid restrictions remain in force around the world. Most countries have laws regarding who can enter, restrictions on what you can do after you arrive,...