Leading Ship Finance Banks Prefer Environmentally Friendly Vessels
Shipping companies look in to every corner to reduce their carbon footprint as pressure increases, reports Reuters.
Demands to slash emissions
From higher-quality paint to state-of-the-art propellers, shipping companies are looking in every corner to reduce...
Tanker Time Charter Rates Witness a Stable Phase
Tanker time charter rates have been looking stronger across all sectors in 2019, reports Alibra Shipping.
Uptrend in time charter
In Q3 2019, the average time charter rate for a VLCC for one year was up...
Malware Alert! Need for Implementing Cyber-security Measures
U.S. maritime industry warns its port, where there is inadequate cyber-security, to wake up to the dangers posed by ship docking, reports FTI Journal.
Malware and malicious cyber tools
Potentially destructive malware and malicious cyber tools...
Master Pilot Exchange – Responsibilities and Elements of Effective Association
A Master knows his ship and the pilot knows his waters. Mutual knowledge exchange benefits both, reports Gard.
Master-Pilot relation
It is a given fact that invariably pilotage is compulsory and the majority of accidents occurring...
ABS Sets the Maritime Course To Low Carbon Shipping
Shipowners and operators must also take into considerations the greenhouse gas targets for 2030 and the emissions goals for 2050, apart from IMO 2020 Global Sulphur Cap, reports Safety4sea.
Need for new strategies
ABS informs that...
Two DP2-B-Type Ships Get Futuristic Updates from Wärtsilä Group
The technology group Wärtsilä has been selected to supply a comprehensive package of solutions for two new state-of-the-art vessels being built for the Netherlands-based shipping company Spliethoff, reports the Maritime Executive.
The ships are under...
China’s First 3,000-Tonnage Buoy Ship Delivered
China's large buoy working ship Xiangyanghong 22 was delivered to the East China Sea Branch of the State Oceanic Administration in Shanghai on 3rd December, reports Xinhuanet.
First 3000-tonnage ship
Built by the China State Shipbuilding...
Virgin Voyages’ Scarlet Lady Embarks on Her Maiden Voyage
Scarlet Lady, Virgin Voyages' first adults-only vessel, is preparing for its maiden voyage on April 1, 2020, after successfully completing sea trials in November, reports People.
Scarlet Lady sets sail
The Virgin founder, Sir Richard Branson,...
IEA Outlook Highlights the Incongruities in Global Energy System
Rapid and widespread changes across all parts of the energy system are needed to put the world on a path to a secure and sustainable energy future, the International Energy Agency (IEA) said on...
Global Port Operator Raises US$2.3 Billion for Investments
According to a recent Riviera Maritime Media report, DP World has raised a US$2.3Bn investment war chest to build new terminals and boost capacity in existing ports.
Bond listing
DP World raised US$2.3Bn through bond listings...