Highest Ship Contract Recorded Than Any Q1 Since 2008

Banchero Costa reporting that more newbuilds were contracted in the first three months of the year than in any Q1 since 2008, says an article published in Splash247. ClarkSea index The ClarkSea Index, a weighted average...

The Baffling Mystery Of Asymptomatic COVID-19 Cases

One of the most perplexing and enduring mysteries of the pandemic is also one of the most fundamental questions about viruses. How can the same virus that kills so many go entirely unnoticed in...

Maritime Drone Estate Takes Over Deliveries To Docked Vessels

An area near Marina South Pier has now been designated as a space for maritime drone fliers to test their wares, including by delivering 3D-printed shipping parts to vessels docked near Singapore's shores, reports...

Marine Fuel Exports 2nd Highest on Record

China's exports of low sulfur marine fuel in March rose 57% on year to the second-highest monthly level on record, says an article on Reuters. Information regarding Exports March exports reached 1.68 million tonnes, extending strong...

Singapore IPA Proposes 9 Pathways To Decarbonisation

The international advisory panel set up by Singapore's authorities last year has identified nine pathways to maritime decarbonisation, reports Ship&Bunker. The nine pathways The panel was arranged in July 2020 with the aim of developing a...

IMO Discusses Carbon Intensity Of Potential Shipping Fuels

IMO has facilitated virtual informal discussion sessions (14-15 April) on lifecycle GHG/carbon intensity for potential future fuels for shipping, reports IMO. Reducing carbon intensity Shipping will need new fuels to achieve the levels of ambition of...

Shell Conducts Trial To Use Hydrogen Fuel Cells for Ships

Royal Dutch Shell said on Wednesday it was conducting a feasibility study with partners to trial the use of hydrogen fuel cells for ships in Singapore, the first such move for the oil major,...

Order for Ten 82,000 Dwt Bulk Carriers

One of Chinese yard Hantong’s most loyal overseas customers is back for more bulk carriers, reports Splash247. About the Order Japanese owner Nisshin Shipping has placed an order at Jiangsu Hantong Ship Heavy Industry for ten 82,000...

Digital Yuan : $16 Trillion of US Dollar Deposits May Disappear?

The $16 trillion of offshore dollar deposits at international banks won’t turn into the equivalent amount of Chinese yuan. Instead, that $16 trillion will shrink to a small fraction of its present volume,...

Call for Market-based Measures To Ensure Decarbonisation Targets

The world’s major shipping organisations have called on world leaders to urgently examine the role of market-based measures (MBMs) to ensure ambitious decarbonisation targets. These measures will be critical to incentivise the transition...