Green Climate Fund Mulls $1.5m To ‘Fast Track’ IMO Maritime Fund
The International Chamber of Shipping (ICS) and International Maritime Organization (IMO) are seeking to fast track a proposed zero carbon R&D fund with $1.5m from the Green Climate Fund.
The Secretary Generals of...
Berg Speeds Up Drive Into Electric Propulsion
Berg Propulsion has signed a key supplier and cooperation agreement to provide systems integration capability for Yaskawa Environmental Energy/The Switch permanent magnet (PM) and power electronics products.
The cooperation creates a new and...
Did Navy SEALs Raid Cargo Ship Full of Smuggled Children?
A USA Today reports of the Navy debunking an article about cargo ship 'full of smuggled children'
The claim: Navy SEALs have raided a cargo ship 'full of smuggled children'
"NAVY SEALs Raid Cargo Ship Full...
Alewijnse Introduce Next Generation Alarm, Monitoring & Control System
Alewijnse will be introducing to the public for the first time the latest versions of its widely used AV entertainment system and its new Alarm, Monitoring and Control System.
Alewijnse’s AV/IT solutions can...
Ineffective Monitoring By Bridge Crew Led To $17M in Damage
NTSB issued an investigation report on the collision of the ‘Cargo Vessel’ and ‘Bulk Carrier’ on the Lower Mississippi River in May 2020. The investigation stressed poor monitoring by cargo vessel crew as the...
Oil Product Stockpiles Rises Consistently, Says Data
All categories show gains for week to Nov. 8.
Total inventories down 1.9% in past year.
Heavy distillates total rises to 10.501 mil barrels.
A Platts news source says that oil product stockpiles see...
Western Australian Lower Carbon Projects Attract Huge Investments
Chevron Australia, as operator of the Gorgon Project, today announced an AUD$40 million investment in Western Australian lower carbon projects.
The investment is part of an offsets package Chevron will implement to address...
Wan Hai Lines’ Strategy Could Lead To Better Revenues
Wan Hai Lines has begun diverting ships from its Asia-US west coast service to its core intra-Asia services after severe congestion in Californian ports affected its sailing schedules.
Ships were waiting 28 days...
Easing Prices A Consolation in Global Container Shortage Crisis
Box port congestion has been growing in Asia and Europe – but in a positive move, container prices in China have dropped.
Northern Europe has also seen an increase in the number of...
Why Dry Bulk Freight Rates Across Vessel Segments Have Fallen?
China coal imports slowing.
Traders hold back on falling iron ore, coal prices.
A recent news article published in the Platts says that Asia's dry bulk pounded by easing congestion, falling commodity prices.
Dry bulk...