Bunker Sales Rebound 12.79% on Month From Record Low
Total sales at 696,610 cu m in March
Record high was 782,060 cu m in Oct 2021
HSFO sales rise 3.11% on month
Fujairah's bunker sales in March rebounded 12.79% on the month from...
MOL Launches ‘MOL Sustainability Plan’
Mitsui O.S.K. Lines, Ltd. has announced the establishment of the "MOL Sustainability Plan" as an initiative to realize a sustainable society and improve corporate value, according to the company's release.
MOL Sustainability Plan
In establishing the...
Shanghai Lockdown Disrupts Logistics, Shipyards & Production
Disruption is growing to shipping and logistics, shipyards, and production as Shanghai’s lockdown continues, reports Seatrade Maritime News.
Container port congestion
While the world’s largest container port remains operational it is becoming increasingly congested, as trucking...
Man Jumps Overboard Cruise Liner
The U.S. Coast Guard was searching for a man who jumped overboard from a cruise ship Saturday as it approached Florida, reports NewsOn6.
Man jumps from the Carnival Cruise
The man jumped from the Carnival Cruise...
World Bank Plans New $170bn Crisis Fund
The World Bank is seeking to create a $170 billion emergency fund to help the poorest nations being buffeted by multiple crises, reports the Guardian quoting the bank’s President David Malpass.
Funding to ease ‘multiple...
Chinese Companies Face Potential Wall Street Delisting
In mid-March, it was reported that U.S. and Chinese regulators were getting closer to a cooperation plan regarding Chinese companies listed on U.S. stock exchanges. The New York Stock Exchange and Nasdaq had threatened...
DALL-E 2 Produces Fantastical Images Of Most Anything You Can Imagine
In January, 2021, the OpenAI consortium unveiled its most ambitious project to date, the DALL-E machine learning system. This ingenious multimodal AI was capable of generating images based on the attributes described by a...
GTT Scores SHI Tank GIG for 4 LNG-powered Boxships
South Korea’s Samsung Heavy Industries has contracted France’s GTT to design tanks for four LNG-powered containerships.
GTT said in a statement on Thursday that the four vessels would have fuel tanks fitted with the company’s...
Woodfibre LNG To Start Work On Its Export Project
Canada’s Woodfibre LNG, a unit of Pacific Energy, said it has issued a notice to proceed to US contractor McDermott to start work on its 2.1 mtpa LNG terminal in British Columbia.
Woodfibre...
A UK Regulator Has Issued A Warning To Prevent Unnecessary Delays
One of the 14 fields was subsequently removed from the package.
The investigation focused on collaboration between vendor, purchaser and operator.
Where there is evidence of repeated examples of poor behaviour, or a...