SCF Group Concludes USD 252 Million Long-term Credit Facility
PAO Sovcomflot (SCF Group) is pleased to announce that it has signed a new USD 252 million 7-year credit facility with a consortium of six leading international banks, which includes: ABN AMRO Bank; BNP...
SHI Secures $370m Deal to Build Two LNG Carriers
SHI signs a $370m contract with an undisclosed entity.
The contract is of building two 174,000m³ LNG vessels and further 2 more vessels are waiting from approval.
The carriers will be delivered by...
Greek Shipowners Call for Strategies to Eliminate GHG
The Union of Greek Shipowners (UGS) announced that it supports the outcome of the forthcoming IMO MEPC 72, which agreed on, regarding the Initial IMO Strategy for GHG emissions reduction for international shipping.
The UGS...
Plea for Action on Shipping Emissions
Shipping Giants are tending to the pressing issue of ship emissions at the IMO meeting in London this week.
The talks which wrap up on Friday has gained momentum towards the idea of...
First Public Display of EnergySail
The Eco Marine Power (EMP) has announced its plan to exhibit a working prototype of its EnergySail technology and its automated control system at Sea Japan in Tokyo.
The company has planned to launch the...
Cooling-Work Suits Onboard from MOL
On April 9, the Mitsui O.S.K. Lines, Ltd. announced that it has planned to introduce specialized cooling-work suits for crewmembers.
The cooling suits were jointly developed by Teijin Limited in cooperation with MOL, on a...
[Watch] Family Jumps Off a 20-foot Cliff Into the Open Water
If your whole family jumps off a 20-foot cliff into the open water, would you do the same? Asked Giselle, a 5-year-old adventurer who was faced with this very question.
Disclaimer: This video is intended...
Can I Get a Ride? Sea Lion Hops Onto Massive Ship
Look carefully at the photo above — do you see something climbing onto the massive ship?
Brian A. Machado, who shot the photo while he was at San Francisco's Pier 50 on a Sunday afternoon,...
Can You Name this Ship Part?
Watch out here for the right answers and the winners. Please provide your profile picture and a brief about you to be featured here.
If you have any picture based or text based challenge...
6 Ways for Shipowners to Reduce Bunker Costs
Shipping industry is going through a tough time and owners need to do everything they can to help the bottom line. Bunker port news reports, that the industry has been rife with consolidations, bankruptcies,...