Wärtsilä – STQ Inks 5 Year Optimised Maintenance Deal
The technology group Wärtsilä has signed an Optimised Maintenance Agreement STQ.
The five-year long-term agreement covers two vessels.
The technology group Wärtsilä has signed an Optimised Maintenance Agreement with the Canadian ferry operator Societé...
SpaceX Loses 40 Starlink Satellites
SpaceX has lost dozens of satellites after they were hit by a geomagnetic storm a day after launch, causing them to fall from orbit and burn up.
Such solar "storms" are caused by powerful...
Vaccinated Vs Unvaccinated: What the COVID Death Toll Reveals
Some 680 Israelis died from COVID last month, with unvaccinated and partially vaccinated.
People over 60 make up a highly disproportionate number of cases, despite being only 12% of the overall age cohort.
Israelis...
‘Zero-COVID’ Regulations Might Stifle Growth, As Omicron Cases Rise
While global commodity and energy inflation is pushing up prices of some goods in Japan, such cost-push inflation will be short-lived unless accompanied by higher wages, Nakamura said.
Sustainable wage growth needed to...
Omicron Grips World! Global COVID Cases Surpass 400 Million
Global COVID-19 cases surpassed 400 million as the highly contagious Omicron variant dominates the outbreak, pushing health systems in several countries to the brink of capacity.
The pandemic has killed over 6 million...
DFDS Profitable Through Mediterranean Volumes and Logistics Revenues
Danish ferry operator and logistics group DFDS today reported a 27.9% increase in revenues for 2021 over the previous year to just under Dkr17.9bn ($2.74bn).
This was on the back of strong Mediterranean...
Scrubber Alternative, Great Solution In Short Time
Value Maritime has modified an exhaust filtering system to collect carbon dioxide from emissions onboard ships.
Shipping companies are trying to reduce emissions, but the long life cycles of ocean vessels along with...
MOL Group Vessels To Achieve Net Zero GHG Emissions
An MOL news article published on the MOL website states that MOL Group Bunkering Vessel Successfully Operated Using Biodiesel Fuel.
Major announcement by MOL
TOKYO-Mitsui O.S.K. Lines, Ltd. today announced that the bunkering vessel Techno Star,...
What Has Led To Spike In Container Fleet?
A record 7.2m teu, or 14%, was added to the global container equipment fleet last year, taking it to 50.5m teu.
It is driven by demand from ocean carriers, logistics operators and BCOs...
Cabotage Law Revision Increases Direct Loadings At Ports
Foreign container lines trading on Indian routes claim there is a significant sequential increase in direct port loadings.
It may be due to the improved cargo aggregation opportunities, presented by the modified cabotage...