Dong-A Tanker Has Exited Dry Bulk Market
In the Capesize sector, South Korea’s Dong-A Tanker has sold three sister ships – Dong-A Eos, Dong-A Astrea, and Dong-A Oknos to Greece’s Minerva Marine for an en bloc price of $81m, says an...
How Can Retired Cruise Ships Be Repurposed?
A Washington-based architecture firm is looking into the possibility of repurposing cruise ships.
The ships could be transformed into affordable housing, architect Abe Desooky told Insider.
The cruise industry has encountered plenty of difficulties...
Delivery Of ‘World’s First’ Thought To Be A Major Turning Point
The delivery ceremony for the liquefied natural gas (LNG) dual-fuel very large crude carrier (VLCC), described by China Classification Society (CCS) as the world’s first, has been held today, 28 February, at Dalian Shipbuilding...
Canal Tolls To Soar Effective Next Month Onwards
The Suez Canal Authority in Egypt announced Monday that starting next month, canal charges for laden and ballast vessels will be increased by up to 10% as reported by Splash 247.
Growth in global trade
Justifying...
Omicron Ripping Through Cargo Ships
Summary
Omicron is ripping through cargo ships, raising concerns that a surge in cases, coupled with China’s tightened quarantine requirements for vessels, could delay supply chain stabilization for the shipping industry.
Anglo-Eastern Univan Group,...
Smaller Ships With Flammable Cargo Will Need A IG System
Global Survival Technology specialist Survitec has welcomed industry initiatives to install Inert Gas (IG) systems to smaller oil and chemical tankers less than 8000dwt, reports an article published on their site.
Advantages of the amendments
Acknowledging...
Purchase Of Russian Crude Avoided By Refiners, Sanctions Threat
CHARTERERS and owners have swiftly stepped away from Russian business across all sectors of the shipping industry.
At the same time insurers are seeking legal clarity before confirming cover of Russian vessels in...
‘Long And Bloody’ Siege Warned As Russia Encircle Kyiv
Things may only get worse in the coming days.
Elsewhere, Russian soldiers have been met by fierce resistance.
Amnesty International said the incident may constitute a war crime.
Huge explosions rocked Kyiv just hours...
How Ukraine is Changing Europe?
In a string of phone calls from a besieged Kyiv, Ukraine’s president, Volodymyr Zelenskiy, has persuaded the west to agree to a set of sanctions against Russia that were inconceivable a week ago, reports...
Ukraine Urges No-fly Zone, US Says NO
The White House rejects Ukraine's appeal, claiming that imposing a no-fly zone will lead to a war between the US and Russia as reported by Aljazeera.
War crimes
President Volodymyr Zelenskyy of Ukraine has called for...