[Infographic] OPEC+ To Grapple With Omicron
OPEC+ must confront the fallout from the new COVID-19 variant and a US-led attempt to lower prices by releasing oil stocks.
S&P Global Platts Analytics sees the omicron variant potentially tempering oil demand growth to...
Industry Majors Join Research on Battery-hybrid Ship Propulsion
ABS, NYK, the Monohakobi Technology Institute Co., Ltd. (MTI) and WinGD have launched a modeling and simulation project.
The project will evaluate the impact of new technologies on a Pure Car and Truck...
The U.S. Navy Builds An “Unusual” Ship
The U.S. Navy has taken delivery of a brick-shaped vessel known as a berthing barge.
Berthing barges are designed to house sailors when their ships are laid up.
The ship, which looks like...
This Ship Building Company Inks $325m Deal
Daewoo Shipbuilding & Marine Engineering Co. (DSME) said Friday it has signed a 383 billion-won ($325 million) deal to build a wind turbine installation vessel (WTIV), reports The Korea Herald.
The deal
Under the deal with...
NYK Delivers Another LNG Newbuild To TotalEnergies
NYK Delivers New LNG Carrier LNG Endurance to TotalEnergies, says a press release published on their website.
About LNG Endurance
The liquefied natural gas (LNG) carrier LNG Endurance, commercially managed by France LNG Shipping and under...
A Ray Of Hope To Eradicate “COVID- Scale” Pandemics in The Future
As researchers scrambled this week to learn more about Omicron, the latest SARS-CoV-2 coronavirus variant of concern, world leaders met to negotiate a way of ensuring that a crisis on the scale of the...
Are ‘Double Vaccinated’ Safe from Omicron?
More than half of those infected with the Omicron coronavirus variant in England were double jabbed, health officials have said, as the number of cases detected in the UK continues to rise sharply, reports...
TEN Proclaims To Extend Long Term Charters
TEN Ltd Announces Long-term Charter Extensions for Aframax Tankers, reports Global Newswire.
Long term charters
TEN Ltd (“TEN” or the “Company”) (NYSE:TNP) today announced the charter extension for two aframax tankers for a combined period of...
[Watch] Cargo Ship Catches Fire
A bulk carrier transporting fertilizer caught fire while docked at the port of Cilacap, on the southern coast of the island of Central Java, reports Maritime Executive.
What happened?
Indonesia’s national security and rescue agency Basarnas...
Japanese Shipping Giant Agrees To Jointly Investigate Offshore Floating Wind
Japanese shipping giant Mitsui OSK Lines (MOL) has agreed with Edinburgh-based developer Flotation Energy to jointly evaluate floating offshore wind opportunities in Japan, which has set a 45 GW offshore wind by 2040.
...