Shipping Companies Look For New Technology To Reduce Emissions
Hundreds of environmental activists have gathered in Glasgow Park to call on the government to step up its actions against global warming at the nearby United Nations Climate Change Conference.
A major shipping...
ABB Offers Shipowners A New Point Of Entry To Digitalization
ABB Ability™ OneBox – Marine Signals Monitoring offers shipowners a new point of entry to digitalization, providing data about ship performance.
OneBox provides owners information that helps them to meet the International Maritime...
What It’s Like To Navigate Through the Suez Canal
It requires a raft of complex bureaucratic approvals, timely logistics, tight scheduling and close monitoring to ensure the smooth transit of between 50 and 70 ships daily along the narrow Egyptian waterway that is...
China Rely More On Regular Suppliers As Crude Imports Slump
Top 10 suppliers take 89% of market share in Oct
Imports from Saudi Arabia jump 20% on year
Russian arrivals up 1.3% on year
Chinese crude buyers replied more on their regular suppliers in...
NGO Urge IMO To Reduce Black Carbon Emissions In The Arctic
Virtual meeting of the IMO, PPR 8, 22-26 March opens today, non-governmental organisations are calling on the IMO to reduce climate-warming emissions of black carbon from ships currently using heavy fuel oil in...
SFL Corp. Buys Aframax Tanker Quartet in A $160M Deal
SFL has acquired the ships from Frontline affiliate Hemen Holdings for $160m, reports Lloyd's List.
Aframax charters worth $160m
SFL Corporation has swooped for four modern aframax LR2 product tankers, paying John Fredriksen’s Frontline $160m for...
Bad Weather Does Not Stop Sinopec
The ramp-up in gas supply is on account of another cold snap.
China's Central Meteorological Observatory issued a "blue" warning on Nov. 19, signalling a cold front was expected to sweep across the...
Here’s What Dwindles Asia’s Stock Market
Asian shares are falling as worries about inflation set off expectations the U.S. Federal Reserve might accelerate its plans to raise interest rates
The Dow Jones Industrial Average rose 0.5% to 35,813.80, while...
Thun Takes Delivery of Fourth LNG-powered Ship
Thun Tankers has welcomed Thun Empower, the last in a series of LNG-fueled chemical tankers built by Dutch shipbuilder Ferus Smit, says a press release published on their website.
About the vessel
The vessel is the last...
Allied’s Weekly Market Report – Week 46, 2021
It is rather difficult to describe the current situation in the dry bulk sector, given the disarray that has been noted in the freight market during the past few weeks or so.
For full report...