NGO Urge IMO To Reduce Black Carbon Emissions In The Arctic
Virtual meeting of the IMO, PPR 8, 22-26 March opens today, non-governmental organisations are calling on the IMO to reduce climate-warming emissions of black carbon from ships currently using heavy fuel oil in...
SFL Corp. Buys Aframax Tanker Quartet in A $160M Deal
SFL has acquired the ships from Frontline affiliate Hemen Holdings for $160m, reports Lloyd's List.
Aframax charters worth $160m
SFL Corporation has swooped for four modern aframax LR2 product tankers, paying John Fredriksen’s Frontline $160m for...
Bad Weather Does Not Stop Sinopec
The ramp-up in gas supply is on account of another cold snap.
China's Central Meteorological Observatory issued a "blue" warning on Nov. 19, signalling a cold front was expected to sweep across the...
Here’s What Dwindles Asia’s Stock Market
Asian shares are falling as worries about inflation set off expectations the U.S. Federal Reserve might accelerate its plans to raise interest rates
The Dow Jones Industrial Average rose 0.5% to 35,813.80, while...
Thun Takes Delivery of Fourth LNG-powered Ship
Thun Tankers has welcomed Thun Empower, the last in a series of LNG-fueled chemical tankers built by Dutch shipbuilder Ferus Smit, says a press release published on their website.
About the vessel
The vessel is the last...
Allied’s Weekly Market Report – Week 46, 2021
It is rather difficult to describe the current situation in the dry bulk sector, given the disarray that has been noted in the freight market during the past few weeks or so.
For full report...
KSOE Bags Order Worth $627m
Korea Shipbuilding & Offshore Engineering (KSOE) has secured an order for ten liquefied natural gas (LNG)-powered containerships worth approximately KRW 745.6 billion ($627 million), says an article published in Offshore Energy.
About the vessels
As informed,...
You Touch What You See On Metaverse
It looks like a prop from a Predator movie, but a device like this is one step on the path to achieving genuine VR immersion, which can't happen without feelings of touch and...
Tanker Engine Room Fire, 2 Crew Dead
Two crew members were critically injured when a fire broke out in a product tanker off the coast of Portugal as reported by Maritime Bulletin
Fire breaks out
On the night of November 22nd, a fire...
A Massive Investment By Greek Shipowners
Greek-owned maritime businesses have already increased their annual investment, both in new builds and second-hand boats, to the greatest level in the last few decades, with at least $13 billion invested so far this...