Pelagic Partners on Track for Maximizing Profit
The latest acquisition of Star Osprey enables the Pelagic Fund I to stretch into its fourth promising segment after Bulkers, PCTC and LPG
Two further LPG carriers were acquired by Pelagic Partners together...
Alibaba Acquires 10% Stake in Ocean Liner Company
Chinese eCommerce platform Alibaba last year bought just over 10% of Singapore-based ocean liner operator Transfar Shipping, reports PYMNTS.
Alibaba’s Deal
Chinese eCommerce platform Alibaba last year bought just over 10% of Singapore-based ocean liner...
China’s Economy Hits Record Low, Will It Recover?
Many provinces implemented electricity rations, causing blackouts for homes and factories to close.
Power shortages, outbreaks of Covid-19 and pressure from Beijing on a number of industries are taking their toll.
The China...
Does COVID-19 Vaccine Guarantee 100% Protection from The Virus?
If the person is vaccinated, they are six times less likely to get Covid-19 than someone who's unvaccinated.
Those at particular risk are people who are immunocompromised
Everyone must be vaccinated to protect...
[Infographic] Piracy & Armed Robbery Incidents Lowest in Decades
The ICC International Maritime Bureau (IMB) has reported the lowest number of reported piracy and armed robbery incidents for the first nine months of any year since 1994, reads a Safety4sea article.
Piracy & robbery...
Sakhalin’s 1st Neutral/Offset LNG Cargo Delivered
Japanese utility Toho Gas has received the first carbon-neutral/offset LNG cargo from the Russian LNG producer Sakhalin Energy.
Sovcomflot’s LNG carrier Grand Aniva arrived at the Chita Terminal in Aichi Prefecture, Japan.
It...
DeepSea launches The 10% Initiative To Help Ship Owners
DeepSea Technologies, the award-winning Al-led maritime technology company and energy efficiency experts, has announced the launch of The 10% Initiative.
With DeepSea’s technology, it is possible to unlock energy efficiency improvements of at...
Oceangate’s 2021 Titanic Survey Expedition
The OceanGate Expeditions 2021 Titanic Survey Expedition was connected by Inmarsat’s critical satellite communications.
Inmarsat kept the OceanGate Expeditions crew connected with team members and support services during the six-week expedition.
In any...
Roxtec Opts Sustainable Marine Fuels for Emission Control
Roxtec, provider of cable and pipe safety seals, is the very first company to join the new global Sustainable Marine Fuels concept from the transportation and logistics company GEODIS, reports Cision News.
Sustainable fuels for...
MI Sees EU’s Fit for 55 Agenda As Opportunity for Emission Progress
The Methanol Institute (MI) has welcomed the European Union’s package of proposals known as Fit for 55 as an opportunity to advance the availability of alternative fuels for shipping, reports EIN PressWire.
But has urged...