Dry Bulk Shipping Rates Reach $80,000 Per Day As Buyers Compete For Coal

dry bulk shipping rates hit $80,000 per day as buyers scramble for coal amid coal shortages and power outages, bulker owners stand to gain more coal to keep the power on in the...

Reducing Carbon Emissions Through Premium Performance Antifoulings

Japanese paint manufacturer, Chugoku Marine Paints (CMP) has developed innovative technology for more than a hundred years and has become a worldwide manufacturer and distributor of marine coatings for all types of vessels; from...

Aircraft Goes Down Following Fuel Starvation

A light aircraft crashed into the Solent after suffering a loss of power that was "probably" caused by fuel starvation, reports Daily Echo. Aircraft crashes after fuel starvation The Air Accidents Investigation Branch (AAIB) has published...

Drewry Introduces ‘Container Carrier Industry Maturity and Risk’ Matrix

Drewry introduces container carrier industry 'maturity and risk' dashboard the container carrier industry maturity and risk matrix identifies and tracks major industry drivers and trends, categorized under 3 main headings the Drewry Container...

The Six Steps To A Global Shipping Catastrophe

pandemic strands shipping containers around the world lack of passenger flights adds extra pressure the 200,000-ton Ever Given ship got stuck COVID-19 triggers eCommerce boom add in a worker shortage fed-up couriers and...

Liberian Registry is Now the World’s Largest Tanker Flag

The Liberian Registry is now the world’s largest tanker flag. With the recent addition of 2.7 Million GT of new tankers, the Liberian tanker fleet now stands at 57.4 Million Gross Tons (GT) per...

ERMA FIRST Group Completes Two Key Acquisitions

ERMA FIRST, an innovative Greek marine product manufacturer, has been developing BWTS since 2009 ERMA FIRST Group has recently completed two key acquisitions Ballast water treatment experts with Chinese Flag and CCS Type Approvals...

GTT Bags Tank Order from DSME

GTT has received an order from its partner, the Korean shipyard Daewoo Shipbuilding & Marine Engineering (DSME), for the tank design of a new LNG carrier on behalf of the Korean ship-owner Hyundai LNG...

Asia Residual Fuels: Key Market Indicators for Oct 4-8

Regional supply of marine fuel 0.5% is set to tighten from the first trading week of October amid refinery unit turnarounds in South Korea and Japan, although supply at ports was still assured, bunker...

Wall Street Stock Growth Ushered By Tech & Banks

Technology companies and banks led stocks higher on Wall Street Tuesday, erasing most of the market's losses from a broad sell-off a day earlier, as reported by ABC News. Terry on Communication Stocks The rally, which...