Cyprus Ship Management Increases Revenue To €516 mln
Cyprus ship management revenues increased to €516 mln during the second half of 2021, or 4.2% of GDP (as turnover).
It marks a steady recovery from the pandemic and associated decline in economic...
Ordinary People With Power Do Not Exist In The Vulture World
Perhaps he asks you to inspect it to see if it is indeed real, unaltered, normal.
Because making something disappear isn’t enough; you have to bring it back.
That’s why every magic trick...
Wärtsilä Invests in Marindows To Support Decarbonisation
Wärtsilä Voyage, part of the technology group Wärtsilä, has completed an investment in Marindows, a Japanese company delivering an open digital platform for Japan’s marine industry, says a press release published on their website.
About...
Fujairah Oil Product Stocks Retreat
Oil product stockpiles at the UAE's Port of Fujairah have fallen to a two-week low even as fuels for power generation and marine bunkers extended gains ahead of the Middle East's high demand period...
GTT Bags Tank Design Order From DSME
GTT has received, in March 2022, an order from its partner the Korean shipyard DSME for the tank design of three new LNGCs, says a press release published on their website.
About the order
GTT will...
Russia Conducts A Nuclear-Capable Missile Test
The Russian president was shown on television being told by the military that the missile had been launched from Plesetsk in the northwest and hit targets in the Kamchatka peninsula in the far...
Giant Tank Coating Order Placed
Advanced Polymer Coatings is gearing up production after signing a new deal with Shandong Shipping to supply tank coating for a fleet of 50,000-dwt medium range tanker newbuildings, reports Riviera.
About the deal
US-headquartered Advanced Polymer...
US Shipping Board Controlled US Shipping For Nearly 20 Years
The U.S. Shipping Board (Shipping Board or USSB) was established on April 16, 1917, as an emergency government agency in accordance with the provisions of the Shipping Act of 1916, which was passed by...
BIMCO’s Updated Greenhouse Gas Position Statement
A recent news article published in the BIMCO official website states that BIMCO publishes updated Greenhouse Gas Position statement.
BIMCO approves the organisation’s GHG position statement
Board of Directors of BIMCO has approved the organisation’s updated...
Box Ship Suffers Cargo Hold Fire Off Malaysia
An investigation has begun after a fire broke out in the cargo hold of a CMA CGM container ship off Malaysia, reports Trade Winds.
The incident
The French group said the incident happened on 16 April...