Oil Breaks $90/bbl for the First Time Since 2014 Amid Russia Tensions
Oil on Wednesday briefly reached $90 per barrel, the highest since 2014.
It is due to increasing tensions between Russia and Ukraine.
Oil on Wednesday briefly reached $90 per barrel, the first time since...
Swedish Ferry To Feature Wärtsilä Solutions
Three new LNG-fuelled Ro-Pax vessels being built for Swedish ferry operator Stena RoRo will feature a broad scope of Wärtsilä solutions.
The ships are under construction at China Merchants Jinling (Weihai) Shipyard and...
Slowdowns In U.S And China Are A Worldwide Drag
Slowdowns in the world's two biggest economies -- the United States and China -- are likely to be larger than expected this year, dragging down the output on every continent and reducing global...
Regional Nature Of Shipping’s Inclusion in the EU ETS Criticized
Trading firm Trafigura criticized the regional nature of shipping's inclusion in the EU's emissions trading system (ETS) and stressed the need for a global carbon tax to decarbonize the shipping industry, writes Nicholas Watt...
‘Yo-Yo’ Effect in Covid-19 Causes Havoc for Seafarers
COVID uncertainty and fluctuations led to major impact in seafarer welfare; The Mission to Seafarers reiterates call for key worker status and further investment in seafarer support during 2022, says a press release published...
ABS Approves AIP For Innovative WTIV Integrated Feeder Barge
American Bureau of Shipping (ABS) has granted Approval in Principle (AIP) to a coordinated design for a wind turbine installation vessel (WTIV) in conjunction with the innovative BargeRack feeder barge system by Friede and...
US Plans To Blunt Russia’s Powerful Economic Weapon
Officials working with global suppliers to avoid European gas crisis if flow from Russia is cut as Biden says he would consider personal sanctions against Putin. The US has helped prepare for the diversion...
Safe Bulkers Expands Its Capacity To 40
Safe Bulkers, based in Monaco, has added a 2014-built Japanese Capesize to its fleet, bringing the total number of vessels in its fleet to 40 as reported by Splash247.
Capitalizing Capesize market
Safe Bulkers is paying...
Has The Lockdown Party Ended for Dry Bulk?
The BDI has followed exactly the seasonal pattern of the last several years by peaking in October and bottoming out around Lunar New Year, before going on a nine-month bull run. There is hope...
Data Is The New Crude Oil?
Doing business in the maritime sector looks to be getting more complex and more expensive thanks to climate change inflicting the need to cut emissions.
MARITIME is steaming towards a 50% reduction in...