Cryptocurrency Approved As Payment for Container Shipping!
45HC.COM will accept the CXO token as payment for its cargo shipping services.
CXO token is the currency that is used as payment for its cargo shipping services.
CXO is the utility token...
OPEC+ Cuts Down Crude Oil Production by 9.7Million BPD
OPEC+ is on the way to trimming 9.7 million barrels of daily crude output.
Oil prices have recovered by 60% in the past three weeks complemented by supply cuts.
Saudi Arabia has been...
Digital Twins Help Predict Ship’s Structural Performance, Says DNV GL
According to DNV GL principal specialist Gaute Storhaug, Digital twins can help owners, operators and class societies predict the structural performance of ships, says an article published in Riviera Maritime Media.
Predict structural performance of...
Seaspan Opts for Alfa Laval Integrated Steam Solution for Low Sulphur Fuel Usage
Seaspan Ship Management opts for Alfa Laval Aalborg integrated steam solution to support low sulphur compliant fuel usage, says an article published in Seatrade Maritime News.
The integrated steam boiler plant
Alfa Laval is supplying an...
13 Cyber Security Challenges and Threats Ports Face
The European Union Agency of Cyber Security's report on smart ports and technology, presents the pros and cons of technology in the shipping industry and the cyber security challenges the ports may have to...
[Watch] #Weathering The Storm Campaign Salutes Seafarers!
In light of these challeging times and difficulties the seafarers are facing, the American P&I Club and Eagle Ocean Marine honor the seafarers through the #WeatheringTheStorm campaign.
The video salutes the service of...
Oil Giant Puts Back Few Floater Projects!
Petrobras admits some floater projects off Brazil may be postponed, writes Fabio Palmigiani for Upstream.
Floating production storage
Brazilian oil giant Petrobas has 13 FPSOs lined up to begin production from 2020 to 2024.
The company...
Wilhelmsen Reports First Quarter 2020 Results
Good operational performance overtaken by significant fall in financial asset values.
This has resulted in a USD 284 million net loss for the Wilhelmsen group in the first quarter.
The quarter ended with...
AMP Halts Anchorage Tariff for Panama Flagged Vessels!
AMP suspends anchorage fees for 90 days to Panama-flagged vessels above 500g and to foreign-flagged vessels for 60 days.
Charges will be applied for aids to navigation, pollution tax and docks, and the...
[Answer] How To Establish A COVID19 Safety Control Measure Onboard Ships?
As COVID19 continue effect world trade and how businesses function, ships and crews are in jeopardy on ways to tackle the situation. To help seafarers and shippers the Gard has published a detailed safety...