S. Korean Shipbuilding Back on Track With Increased Eco-friendly Demand

South Korea’s shipbuilding industry is now warming up on the back of increased demand for eco-friendly gas-fueled vessels, reports The Korean Herald. Orders so far According to Clarksons Research, the leading information provider for global shipping,...

Top Japanese Lenders Collaborate With Carbon Reduction Scheme

Leading Japanese lenders have joined an initiative that links the provision of shipping finance to cuts in carbon dioxide emissions as the sector accelerates efforts to go green, says an article published in Reuters. Scheme's...

Trio Signs for Joint Venture To Develop Methanol-to-hydrogen Technology

Ardmore Shipping along with the hydrogen generator company Element 1 Corp. (e1) and Maritime Partners LLC signed a letter of intent, in order to develop a joint venture and deliver e1’s methanol-to-hydrogen technology to...

Super Tankers Doesn’t Seem So Super As Pandemic Fades

Profits of oil tanker owners went from their highest to lowest ever in the course of a year as a historic glut reversed, but the industry’s fundamentals are set to improve, says an article...

KOSE Won Fresh Orders Worth $724 Million

 South Korea’s largest shipbuilder Korea Shipbuilding & Offshore Engineering Co. (KOSE) has won fresh orders worth 823 billion won ($724 million) in recent weeks amid growing global demand for and eco-friendly gas carriers, reports...

Xihe Fleet Selloff Old VLCC

A nine-year-old VLCC from Xihe Group has been sold, the most modern VLCC sold so far by the shrinking outfit, reports Splash247. About The Deal This is the tenth Chinese built VLCC sale since September by...

Woman Seafarer Reveals Inspirations Behind Her Career 

A trailblazing Angus mariner reveals inspirations behind seafarer career, reports the courier. Women unwelcomed onboard?  A trailblazing Angus mariner is encouraging other young women to consider a life at sea and says the days of women...

LSC Urges Vital Funding Following Seafarer Suicidal Increase

Stress on the betterment of seafarers conditions following increased suicidal rates Charity reiterates calls to pursue legislation to use govt cash to fund Better working conditions to improve the mental health of workers ...

Variants Threatening Europe Right Now in the US, Warns Fauci

Dr Fauci warns to not make the same mistakes Many regions to stay restricted The possible remedy to get people vaccinated as soon as possible Half of Italy's 20 regions to remain 'locked' ...

World’s First Battery & LNG-fueled Vessel Delivered

Developed by Libas, Norway's Salt Ship Design, the world's first hybrid purse seiner trawler, has been delivered to the pelagic fishing company Liegruppen Fiskeri on March 11, reports Creme Shipyard. Eco-friendly vessel Libas is the first...