Baleària Has Signed Sustainable Financing Agreement Worth $88M

Baleària has signed the first sustainable financing agreement in the Spanish shipping sector with a loan of €80M (US$88M), says an article published in Riviera. Based on environmental indicators The funding was calculated using the interest...

Mounting Container Rates Might Increase Global Inflation

A recent news article published in the Splash 247 deals with the sky-high box freight rates could increase global inflation by 1.5% this year. Role of IMF The International Monetary Fund (IMF) has looked at container...

0-day Security Fix For Edge

Microsoft releases emergency security update for Edge A day after Google released an emergency update for its Chrome web browser, Microsoft fixed the security issue in its Microsoft Edge web browser. Google released an...

Turkish and Romanian Responders Neutralized More Soviet-era Sea Mines

On March 28, Turkish and Romanian responders neutralized more Soviet-era sea mines that were found drifting in the Black Sea. Romanian Navy minesweeper Vice Admiral responded to a floating naval mine that was...

IMO Approves A Landmark Agenda

  A recent news article published in the Safety4Sea news states that IMO approves guidance on Black Sea and the Sea of Azov financial security certificates. IMO’s Legal Committee approval IMO’s Legal Committee approved a circular on...

Shanghai’s 2-stage Lockdown To ‘Force & Reshape’ Logistics

Logistics managers are warning clients the two-stage lockdown in Shanghai could be worse than the initial COVID lockdowns, reports FreightWaves. Severe coronavirus lockdowns “These lockdowns are possibly more severe than the initial quarantines in 2020 when...

Fitting of Fuel Oil Sampling Points Becomes Mandatory!

The retroactive MARPOL Annex VI requirement to fit or designate sampling points for taking representative samples of the fuel oil in use onboard ships enters into force on 1 April 2022, reports Gard website. Amendments...

Japanese Venture Taps Mitsubishi Shipbuilding for LNG Newbuild

KEYS Bunkering West Japan and compatriot Mitsubishi Shipbuilding, part of Mitsubishi Heavy Industries (MHI), have concluded a contract for the construction of a 3,500 cu m liquefied natural gas (LNG) bunkering vessel, the first...

First Japanese Sea Trial of Diesel-fueled Ferry Completed

Mitsui O.S.K. Lines (MOL) has announced that its ferry Sunflower Shiretoko has completed a sea trial using renewable diesel fuel marketed by Euglena. The sea trial took place in the Port of Oarai in Ibaraki...

Stock Markets Revive Amid Russia-Ukraine Talks, Oil Prices Dip

Shares head higher as Russia and Ukraine talk in Turkey Bond markets continue to flag recession fears German and French consumer confidence drops Yen tries to steady, but heading for worst month since...