[FAQ] How To Eliminate Common Engine Issues?

Common engine problems that millions of people deal with every day. Here are the listed problems and solutions for the same as reported by PunchNG. Petroleum gun, varnish and harmful deposit form Gum and varnish problems...

WHO Warns Hospitals For Causing Potential Health Hazards

Discarded syringes, used test kits and old vaccine bottles from the COVID-19 pandemic have piled up to create tens of thousands of tonnes of medical waste, threatening human health and the environment, a...

Inmarsat Launches Inmarsat Ferry Open Innovation Challenge

Challenge for start-ups and SMEs offers £10,000 prize and shipboard trials for digital solution. Applications are invited for solutions in four work-related areas. Digital solutions support simulations to test knowledge of emergency situations. Challenge...

Efforts To Strengthen Anti-Piracy Collaboration

International support for anti-piracy operations in the Gulf of Guinea by non-regional navies is growing. The communication and exchange of information between reporting centres ashore, merchant ships, non-regional navies and regional navies was...

Mitsubishi Establishes Organization For Marine Decarbonization

Accelerating new business development in response to the energy revolution. Establishing a structure to respond promptly to global trends and market needs, and support the realization of a carbon neutral world. Mitsubishi Shipbuilding Co.,...

Oil Prices Rise, Poses 17-percent Jump

The Russia-Ukraine crisis is still bringing a risk premium to energy prices. Oil prices rose early on Monday, poised for a 17-percent jump this month. Oil posted its strongest January performance in at...

European Commission Tightens The Noose On Fossil Fuel Subsidies

A recent news article published in the Ship and Bunker news states that European commission Puts Fossil Fuel Subsidies Under Spotlight. Phasing out fossil fuel subsidies The European Commission wants to increase scrutiny of whether countries are phasing...

2021 Marks Record LNG Imports For This Country

In December, Excelerate began natural gas deliveries at the Bahia Regasification Terminal in Salvador, Bahia. Excelerate’s 173,400-m3 FSRU Excelerate Sequoiaprovides regasification capacity of up to 700 million cubic feet per day (mcfd). A recent news article...

Boom In Container Ship Sector and Dire Status of Tanker Sector

Last week saw a remarkable sale take place, US$96M was reportedly paid for a 2009-built Panamax. It highlights the boom in the container ship sector and the dire position of the tanker sector. ...

Rise In Long-term Liner Contract Rates Is Diminishing

There are signs that the exponential rise in long-term liner contract rates is losing steam after 14 consecutive months. Ocean and air freight rate benchmarking platform Xeneta’s XSI long-term contract rate index fell...