Fearnleys Weekly Report – Week 10, 2022
With the current global events taking centre stage and infiltrating our daily lives, it is no different for the VLCC market, as unprecedented bunker prices bite hard on owners returns. As other sizes benefit...
Diana Shipping Inc. Inks Time Charter Contract With Bunge
Diana Shipping Inc. (NYSE: DSX), through a separate wholly-owned subsidiary has entered into a time charter contract with Bunge S.A., Geneva, for one of its Capesize dry bulk vessels, to be named “Florida”, says...
£4 Billion To Boost Shipbuilding In The United Kingdom
The UK’s shipbuilding industry currently supports 42,600 jobs across the UK and contributes more than £2.8bn to the economy.
A new UK Shipbuilding Skills Taskforce, led by the Department for Education, is being...
WHO Asked Ukraine To Destroy Pathogens In Labs
Its labs have received support from the United States, the European Union and the WHO.
The agency also did not answer questions about whether its recommendations were followed.
Ukrainian officials in Kyiv and...
Baltic Index Scales 3-month High On Robust Demand Across Vessels
The Baltic Exchange's dry bulk sea freight index (.BADI) jumped to its highest in nearly three months on Thursday, as rates rose across vessel segments, reports Reuters.
Reasons for Baltic index rise
The overall index, which factors...
Groundbreaking Carbon-Transport-and-Storage Project
Dalian Shipbuilding Industry Co. Ltd. has ordered 2 × MAN B&W 7S35ME-GI dual-fuel engines in connection with the construction of two 7,500 cubic-metre, liquid CO2 carriers for Northern Lights, the joint venture between...
LNG Carriers for Arctic Projects At Risk, Troublesome Russian Invasion
French LNG containment specialist GTT said the execution of certain contracts is at risk, mainly LNG carriers for Arctic projects, due to Russia’s invasion of Ukraine.
GTT says it is closely monitoring the...
ATB Tug Delivery, The Latest LNG Bunkering Unit Built In North America
A recent news article published in the Riviera states that LNG bunkering ATB tug delivered.
Master Boat Builders in La Batre
Master Boat Builders in La Batre, Alabama has completed the new 2,983-kW tugboat for Polaris...
Lines Skipping Ports Halts Economic Recovery
A Global Shipping Forum news reveals about Economic Recovery Hindered by Lines Skipping Ports.
What does the report state?
Report reveals extent of capacity restriction as a result of scheduled port calls skipped and blank sailings...
Marlink Release A New Version Of CyberGuard Threat Detection
New version of Threat Detection service is designed to protect against attacks targeted towards IT and OT networks.
Marlink, the smart network company, has released a new version of CyberGuard Threat Detection.
To...