Will US Decouple from China?
The author of this article Michael Collins feels that America is at a crossroads. There is a need to stop dealing with China as they hope they would be, and begin dealing with...
Crude Oil Import at 53 Year Low As the COVID19 Pandemic Rages
Japan's crude imports dropped 25% year on year to 2.28 million b/d in May.
It is the lowest for the month in 53 years as refiners had slashed their crude throughput in the...
ICS Warns About Bunkering Safety in 6th International Tanker Safety Guide
OCIMF and ICS published the sixth edition of the International Safety Guide for Tankers and Terminals, says an article published in their website.
The revised guide
OCIMF and ICS together with the International Association of Ports...
NYK Joins World’s First Global Hydrogen Supply Chain
NYK participates in world’s first hydrogen supply chain demonstration project that started successfully using MCH to transport hydrogen, says a press release published on NYKLine website.
Transportation of hydrogen
NYK has taken part in the Advanced...
Samsung & Bloom Energy Tie Up To Produce Zero Emission Vessels
Samsung Heavy Industries Co. and Bloom Energy have announced an agreement to develop cleaner power for ships by jointly designing fuel cell-powered vessels that will reduce carbon emissions and help improve air quality.
...
Crew Return Delayed After COVID19 Outbreak in Royal Carribean Cruise
Thousands of crew members are still waiting to go home more than three months after the cruise industry stopped operations.
And at least 11 ships are currently experiencing COVID-19 outbreaks, according to the...
Safe Cargo Transport Lessons from MSC Cargo Vessel Container Loss
The Dutch Safety Board issued an investigation on the loss of containers from the MSC Zoe in 2019, sharing valuable lessons learned on the shipping routes that pass the Wadden Islands to the north.
The...
Oil Prices Recoup Amid OPEC+ Cuts Pushing Demand
Demand seen falling by about 6.5-8.7 million bpd in 2020.
Around 26 contributors raise 2020 Brent price forecasts.
Second virus wave poses downside risk to prices-analyst.
Oil prices will consolidate at around $40 a...
GoodBulk Acquires $200 Million for Fleet Refinancing
GoodBulk has come to an agreement with its banks to refinance its fleet.
GoodBulk received credit committee approval from its banks for a loan of $200 million.
It will be used to refinance...
Wartsila Does World’s First Full Scale Ammonia Engine Test
Ammonia is seen as a promising carbon-free fuel that can help the maritime industry meet IMO’s goal of reducing greenhouse gas emissions from shipping by at least 50% by 2050.
Wärtsilä reports that...