Carbon Neutral LNG Buyers Alliance to Promote LNG
Fifteen Japanese companies across different sectors have launched a group called the Carbon Neutral LNG Buyers Alliance to promote the use of the fuel, power utility and LNG importer Tokyo Gas said in a...
COVID19 Travel Insurance Are Likely To Be Vacation Staples
COVID-19 insurance policies are increasingly joining passports and sunscreen as vacation staples, creating opportunities for insurers as more countries require mandatory coverage in case visitors fall ill from the coronavirus, says an article published...
TECO 2030 ASA Plans to Establish Hydrogen-Based Fuel Cells in Narvik
TECO 2030 ASA plans to establish Norway’s first large-scale production of hydrogen-based fuel cells in Narvik in Northern Norway, reports NewsnRelease.Fuel cells enable ships and other heavy applications to switch from fossil fuels such...
Why Supertankers Are Losing Almost $7,000 a Day?
Daily earnings slumped to the lowest since at least 2017.
Rates hit by OPEC production cuts and an oversupply of vessels.Supertanker's loss deepened to $6,779 a day amid OPEC cuts, writes Alex Longley...
Singapore Ratifies Convention on the International Organization for Marine Aids to Navigation
Singapore is the first country to ratify the Convention on the International Organization for Marine Aids to Navigation, says a press release published on the MPA website.
Ratifying the Convention
On 9 March 2021, Singapore ratified...
Cargo Demand To Boost 2021 Dry Bulk Rates, Says Goodbulk
GoodBulk Ltd., a leading owner, and operator of dry bulk vessels announces its financial results for the fourth quarter of 2020, says an article published on their website.
4th Quarter HighlightsGenerated $7.6 million of...
Tanker Shipping Company Eyes Gas Carrier & Boxship Entries
Seven Islands Shipping (SISL) is looking to diversify from its tanker origins into gas carriers and boxships, reports BusinessLine.
Fast-growing SISL
Fast-growing Seven Islands Shipping (SISL) is looking to diversify from its tanker origins into gas...
Castor Maritime Announces Its $15.45m Worth Acquisition Deal
Castor Maritime acquired a 2010-built Korean kamsarmax bulker, says a press release published on their website.
Vessel acquisition
Greek owner Castor Maritime announced the acquisition of a 2010-built Korean kamsarmax bulker. The identity of the vessel...
[Watch] Cargo Ship Sinks, 2 Dead
General cargo ship sank in stormy weather east of Constanta, Romania, with cargo of coal, reports Maritime Bulletin.
What happened?
A general cargo ship loaded with cargo of coal sank in stormy weather east of Constanta,...
SITC Linked to Orders for Eight Boxships At Yangzijiang
Chinese boxship operator SITC has been linked to orders for eight boxships at compatriot shipyard Yangzijiang Shipbuilding, reports Splash247.
About Announcement
Yangzijiang recently announced new ship orders for 31 ships including four 2,600 teu boxships and...