European Shipowners Support To Break The Recycling Stalemate

Under current legislation, this breaches the law even when non-OECD facilities advance their standards and comply with the EU Ship Recycling Regulation (SRR) criteria. The Commission’s proposal would clarify the legal framework. Most...

[Watch] Tornadoes Toss Truck

At least 20 tornadoes have been reported across Texas and Oklahoma. Local officials have reported minor injuries and one death. Disclaimer: This video is intended for informational purpose only. This may not be construed as...

Weekly Bulk Report – Week 12, 2022

The Baltic Exchange has released a report about the dry bulk market for the 12th week of shipping activities of this year. The report dated 25th March highlights the dry bulk market conditions at...

[Watch] 3D Printing and Metaverse May Help Rebuild Ukraine

While the pain and suffering we are seeing in Ukraine is clearly tragic, the result could be a far more powerful Ukraine funded by captured Russian funds. The Nvidia’s GTC conference will focus on the...

Bunker Costs May Double Off Again

Warning that crude prices could hit $250 later in the year, he said that Europe has probably lost Russian supplies “forever”. Bunker costs, of course, correspond closely to crude oil prices. As Brent...

How Can USA Qualify for Qatar 2022 World Cup?

But for USMNT fans, this will likely be the final match you have to worry about in terms of World Cup qualifying for the foreseeable future. The 2026 World Cup will be the...

BIMCO COVID19 Weekly Report – 25 March 2022

This BIMCO COVID 19 weekly report for the week ending 18 March covers the International Maritime Organization (IMO), Myanmar, Russia, Ukraine, United States, Tokyo MoU and the latest from the International Labour Organization (ILO)...

$80m Worth Ship Gave Russian Captain 48 hours To Leave Port

The captain of a Russian oligarch's superyacht gave the crew 48 hours to set sail from a port in Spain one day after Russia invaded Ukraine, reports Business Insider. About the vessel The 230-foot vessel, Galactica...

Microsoft Hacked?! Is It Valuable Enough For Ransom?

Microsoft is investigating claims that internal source code repositories have been accessed and data has been stolen. The alleged hack is linked to the hacking group Lapsus$, which attacked companies such as Nvidia, Samsung...

‘Stealth’ Omicron Back in UK, US!

After Covid-19 cases were falling across countries, the BA.2 variant of Covid-19 or ‘stealth’ omicron, is triggering a new wave of infections.  The World Health Organisation (WHO) has emphasised the need for good surveillance...