Dry Bulk Owner Enters Time Charter Contract with Pacbulk
Diana Shipping Inc. has entered into a time charter contract with Pacbulk Shipping.
The charter is for one of its Capesize dry bulk vessels, the m/v Seattle.
This employment is anticipated to generate...
[Podcast] How To Recover and Stay Afloat Amidst COVID19 Lockdown!
With the COVID19 pandemic disrupting trade and affecting our lives, here's how we can stay afloat and rise above the tide. Hear this podcast to uplift yourself.
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Global Price War Ending Pact Forces Oil Majors To Production Cuts!
The world’s largest energy companies are negotiating production cuts with oil-rich nations ahead of Friday’s deadline for OPEC and the Group of 20 countries to sharply reduce output—reductions that will limit these firms’ options...
COVID19 Container Imbalance ‘Tipping Point’- Shippers Need Logistics Help from Forwarders!
According to a Freight Waves article written by Chris Gillis, a global association representing the freight forwarding industry warned in a Wednesday position paper that the coronavirus pandemic’s severe impact on supply chains means...
Tanker Market Shaping Up Amidst Commodity Price Moves: Podcast
Value Investor's Edge Live hosted Frontline's CEO to get the latest 'on the ground' (on the water?) viewpoint in the tanker markets.
CEO Robert MacLeod reviewed the VLCC, Suezmax, and LR2 markets and...
Weekly Tanker Report – Week 18, 2020
The Baltic Briefing has issued the tanker report for the 18th week of this year. The report dated 01st May 2020 provides a valuable insight into this week's tanker market dealings, freight rates, and...
Tank Inspections Using Drones Could Improve Safety!
An article published in TankerOperator says using drones could be a big improvement in safety and also supporting better tank inspections. The article also discusses two interesting projects in Denmark and Alaska aiming to...
ABS Launches COVID19 Decontaminating Guidance for Marine and Offshore Assets
ABS joins hands with leading public health officials to address maintaining the safety of vessels and offshore assets potentially exposed to COVID-19, says a press release published on their website.
Guidance on sanitizing and decontaminating
ABS...
Can AI-Powered Port Prevent Ship Collisions Better Than Humans?
In 2019, Fujitsu and the Japan Coast Guard successfully proved the effectiveness of AI in preventing collisions between vessels.
Technology using Fujitisu’s Zinrai AI system can detect near misses between ships and also...
Cruise Lines Donate Computing Power To Find a Cure for COVID-19!
Bahamas Paradise Cruise Line dedicates its unused computing power to the Folding@Home Project (FAH).
FAH is a distributed computing service that helps researchers simulate protein folding and movement in diseases like COVID-19.
This...