Egypt To Seek $1bn Compensation for Suez Canal Crisis
Egypt said it may seek around $1 billion in compensation after the giant container vessel blocked the Suez Canal for almost a week and roiled shipping markets.
The $1bn figure would compensate for...
WHO’s Report Of The Origins Of The Coronavirus
The joint WHO-China report on the origins of Covid-19 comes to four conclusions, and none are definitive. They are essentially preliminary assessments, reports BBC.
The initial stagesWhat the 120-page report does make clear is that...
US To Set New ‘VIDA’ Regulation For Discharges
The US is planning a new set of regulations for discharges from tankers (and other vessels), including from ballast water and scrubber wash water, the “Vessel Incidental Discharge Act”. Steve Candito, CEO of Ecochlor,...
New Laws To Restrict Ballast Water Release Into UK Seas
New laws discussed to further protect United Kingdom coastlines by stopping international ships from discharging potentially harmful species into the sea, says an article published on UK Ship Register website.
Ballast water into UK waters
The...
March JKM LNG Futures Volume Rises 8% YOY To 15.3 mmt
According to exchange and broker data, JKM LNG futures trading volumes cleared on financial exchanges in March rose 8% YOY to 15.3 million mt, or 79,804 lots, reports Platts.
High MOM volume
The March volume was...
Vaccine Around 91% Effective at Preventing The Disease
Pfizer Inc and BioNTech’s COVID-19 vaccine is around 91% effective at preventing the disease, said in an article published on Rueters.
Cases in Europe
Europe’s rollout of vaccinations is “unacceptably slow,” the World Health Organization’s European...
NYK Orders Luxury Ship from Meyer Werft
Japanese NYK Cruises orders LNG powered cruise ship from German Shipbuilder Meyer Werft, says an article published in Offshore.
First order since the pandemic
The order is said to be significant because no shipping company has...
Take a Look at The ‘Caixa de mariners’ !
Way back in the 18th century, sailors used wooden chests called ’Caixa de mariners’ or ‘seafarer’s boxes’ to store their most treasured possessions when they went on long voyages from Mallorca to America.This beautifully decorated chest...
Wartsila Unlocks Its Shipping Potential In Pandemic
While coronavirus may have brought normal life to a standstill, there has been blistering progress in training solutions of Wartsila Cloud Simulation, says an article published on their website.
Remote operations
Cloud Simulation allows instructors to...
Wartsila Signs Minerva LNG Tankers Maintenance Deal
Wärtsilä has signed long-term Optimised Maintenance agreements covering five LNG Carrier vessels owned and operated by Greece-based Minerva Gas Inc., says a press release published on their website.
Scope of the agreement
Included in the scope...