Oil Prices Plunge Amid Renewed COVID Fears
While Covid maintains its retreat globally, regional waves are enough to inspire bearish sentiment among crude traders, and that was the case on Friday as Austria imposed another full lockdown and Germany added some...
Maersk Launches €500M Green Bond To Fund Methanol-powered Newbuilds
Maersk has launched Green Finance Framework designed to allow the company to issue a variety of sustainable financing.
This 10-year, €500 million green bond comes under the umbrella of Maersk´s Green Finance Framework...
Foreign Tanker Seized for Smuggling Diesel
Commandos with the naval force of Iran’s IRGC have seized a foreign tanker in the Persian Gulf for smuggling diesel.
The ship was found to be illegally carrying 150,000 litres (32,995 gallons) of...
Dead Captain Remained for Months in Cargo Vessel Freezer
Cargo vessel spent 6 months with captain’s corpse in stroll-in freezer, reports CCNL.
It’s a macabre affair!
In April, the captain of a cargo ship, 68-year-old Dan Sandu from Romania, handed away.
Crewmates needed to resort to...
Enabling the Experimental “Windows 11” Mode in Google Chrome
One of our favorite things about Windows 11 is its use of rounded corners and subtle “glitter material” transparency effects. Of course, these design elements only appear in native Windows apps.
But the latest Chrome...
MacGregor Introduces Next Generation VFD Cranes
MacGregor introduces the next generation electric crane.
The new generation crane is 15% more efficient than the first generation design and up to 50% more efficient compared to the traditional closed-loop hydraulic design.
...
IMO Reclassify Plastic Pellets As Hazardous Substances
Among a long list of topics for debate at next week’s 77th gathering of the MEPC at the IMO, Sri Lanka and a number of NGOs are pushing to get plastic pellets reclassified...
Freight Rates Cast A Shadow Over Economic Recovery
UNCTAD warns that global consumer prices will rise significantly in the year ahead until shipping supply chain disruptions are unblocked and port constraints.
UNCTAD’s analysis shows that the current surge in container freight...
BIMCO COVID-19 Weekly Report
This BIMCO COVID 19 weekly report for the week ending 8 October covers updates from Brazil, Latvia, Oman, Singapore, United Kingdom, the UK P&I Club, and the latest from the International Maritime Organization (IMO).
Every...
Weekly Tanker Report – Week 46, 2021
The Baltic Exchange has released a report about the dry bulk market for the 46th week of shipping activities of this year. The report dated 19th November highlights the dry bulk market conditions at...