Lloyd’s Register: New IMO Regulations Could Reduce the LNG Carriers
IMO carbon rules may lead to a shortage of LNG carriers later this decade.
New International Maritime Organization rules coming into force from 2025 could lead to a shortage of LNG carriers, according to classification society Lloyd's Register.
A...
Royal Caribbean Takes Delivery of World’s Largest Cruise Ship
The newest and largest cruise ship in the world is officially part of Royal Caribbean's fleet. Wonder of the Seas was delivered to Royal Caribbean on Thursday, following three years of construction, reports Royal Caribbean.
The...
Omicron To Produce New Vaccine Resistant Strains!
The year 2022 has barely begun and Dr. Anthony Fauci already has a worst-case scenario prediction, reports Deseret News.
The worst case scenario
Fauci, the White House medical adviser on the coronavirus, recently told Yahoo Finance, ...
Omicron Overshadows Delta Variant
The Omicron variant accounting for 99.9% of all COVID-19 cases in the United States.
This week the nation recorded a seven-day average of 2,200 daily coronavirus-related deaths.
A CDC study released on Tuesday...
NYK & Uyeno To Collaborate on ‘Next-gen’ Energy Supply
NYK and Uyeno Group Holdings have announced they have formed a business alliance to ‘address next-generation energy supply in Japan’, reads a NYK press release.
As part of their new alliance, NYK is taking a...
MOL & Mitsui Seal Charter for Another LNG Carrier Newbuild
Japanese shipowner Mitsui OSK Lines (MOL) has sealed a time charter contract with compatriot trading house Mitsui & Co for a newbuilding 174,000 cu m LNG carrier, reads an official press release.
The contract follows...
Cargo Stolen from Product Tanker, Piracy Footprint
Pirates boarded a tanker working as a bunkering vessel in the Gulf of Guinea region and reportedly stole cargo from the ship before leaving.
Initial reports had indicated a possible hijacking, but the...
Shipping Emissions Increase 4.9% Last Year
The tough task to decarbonise global shipping has been put into sharp relief with data released.
The key driver was the recovering 2021 world economy where demand for durable goods has remained firm...
Fearnleys Weekly Report – Week 04, 2022
A relatively busy week in the VLCC market in the run up to the Chinese New Year celebrations kicking off next week.
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Russia-Ukraine Conflict To Keep Inflation Higher Longer
Prices of other commodities exported by Russia were also rising.
Russia's economy contracted by 3.7% in 2015 .
The IMF on Tuesday revised up its 2022 inflation forecasts for both advanced and developing...