Eureka Shipping Secures $32M Loan For 3 ECO Cement Carriers
Germany’s bank KfW IPEX-Bank is providing a €29 million (about $32 million) loan for the financing of three 4,250 dwt ECO cement carrier newbuildings for Cyprus-based shipping company Eureka Shipping, says an article published...
It’s Time To Get Over ‘COVID Shame’
Maria Venetis got a breakthrough case of COVID-19 right around New Year’s Eve. When she called friends to cancel plans, she found herself overexplaining how and where she might have caught the virus—until one...
Celsius Books Methanol-ready Feeder Boxships
Denmark’s Celsius is pressing forward with its fleet renewal plan, having placed an order for two methanol-ready feeder containerships at Penglai Jinglu Ship Industry in China, reports Splash 247.
Vessel delivery and price
The 3,000 teu...
Troops Takeover 6 Nuclear Reactors in Ukraine
Russian troops take control of Zaporizhzhia nuclear plant in Ukraine, reports Power-Technology.
The Zaporizhzhia plant houses six nuclear energy reactors and is Europe's largest nuclear plant.
International Atomic Energy Agency (IAEA) director-general Rafael Mariano Grossi has...
Freight Rate for Hauling Far East Russia ESPO Crude Nearly Double
The freight rate for hauling Russian ESPO crude from the Far Eastern port of Kozmino to North China soared following Moscow's invasion of Ukraine on Feb. 24, reports Platts quoting tanker market sources.
According to...
Would Russia Destroy Ukraine’s Air Force Right Away?
The first six days of invasion have confounded expectations that Russia would try to immediately destroy Ukraine’s air force.
Russia is still flying through contested airspace.
Military experts have seen evidence of a...
Ukraine Scenario Wreaked Havoc At Sea
The crew change crisis is set to worsen with the first week of the Russian invasion of Ukraine showing little sign of a swift end to the conflict.
According to BIMCO data from...
Prosecution Of Ship Captain For False COVID Declaration
The captain is facing two years in jail if convicted of committing fraud by allegedly deceiving health officials.
The vessel was granted a health clearance but the prosecution contends that two crewmembers were...
Chelsea Up For Sale; Proceeds To Go To War Victims
Roman Abramovich has confirmed his intention to sell Chelsea, reports ESPN.
Plans confirmed
ESPN reported earlier on Wednesday that the 55-year-old was willing to listen to offers for the club, and Abramovich confirmed the plans in a...
Russia Throttles Social Media Platforms!
Google has removed mobile apps connected to Russian media outlets RT and Sputnik from its Play store, in line with an earlier move to remove the state-funded publishers from its news-related features, reports Euro...