China To Develop New Heavy Icebreaker For ‘Polar Silk Road’
Design to be finished by 2025, ministry says, while ‘significant breakthroughs’ also expected in building huge salvage ship
The vessels will be used to support the country’s expanding maritime activities
China plans to develop...
Third COVID Wave To Ripple Through The Globe
A Sage government adviser says we will have a substantial third wave, and opening up too soon would lead to an increase of infections.
Professor Andrew Hayward told Andrew Marr: "If we were...
Bird Flu Outburst Threatens These Countries
Several outbreaks of severe bird flu in Europe and Asia have been reported in recent days to the World Organisation for Animal Health (OIE), in a sign the virus is spreading quickly again.
...
Höegh Autoliners On Course For An IPO
Höegh Autoliners ASA (“Höegh Autoliners” or the “Company”), one of the leading global operators in the Roll On Roll Off (“RoRo”) shipping segment, today announces its intention to launch a private placement of...
Sanmar Shipyards Inks A Historic Deal
Leading tugboat-builder Sanmar Shipyards and energy storage systems provider Corvus Energy signed a historic co-operation agreement at TugTechnology 2021 to build cutting-edge hybrid and zero-emissions battery-electric tugs in a move hailed as a...
Soaring Asian Stock Markets As Two World Leaders Meet
Asian stock markets are higher as President Joe Biden and China’s Xi Jinping hold a summit meeting by video link, reports abc news.
Asian stock market
Asian stock markets rose Tuesday as President Joe Biden and...
Algoma Chooses FuelOpt To Enhance Vessel Efficiency
Yara Marine Technologies has secured a contract from Canadian marine shipping firm Algoma Central Corporation to deploy its FuelOpt propulsion optimisation technology on board eight more of the latter’s bulk carriers, says a press...
Gibson Tanker Report – Week 45, 2021
It’s not very often that a leader of a large oil producing nation calls on other oil producing countries to actually pump more oil.
For the weekly tanker market report please click here
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Purus Marine Announces LNG Carriers Acquisition Deal
Purus Marine announced an agreement to acquire two 180,000 cbm LNG Carriers (“LNGCs”), says a press release published in BusinessWire.
Vessel acquisition agreement
Purus Marine, a maritime holding company that owns environmentally-advanced vessels and infrastructure equipment,...
Bulk Carrier – Lighter Collision, 3 Missing
A lighter ship loaded with some 600 tons of coal sank in Mongla port, Bangladesh, after she collided with, a bulk carrier, in the evening Nov 15, reports Maritime Bulletin.
What happened?
Three out of six...