CAPITAL to Get ABS Decarbonization Notations for Newbuilds Tankers
Capital Ship Management (CAPITAL) is to secure ABS notations recognizing investment in decarbonization technologies for its new-build orders for medium-range tankers, says a press release published on their website.
Notations developed
ABS developed the notations with...
Weekly Tanker Report – Week 40, 2021
The Baltic Exchange has released a report about the dry bulk market for the 40th week of shipping activities of this year. The report dated 08th October highlights the dry bulk market conditions at...
Supply Chain Crisis Is Not Over, But Not Worst As Well
“Supply chain” has become a political topic or even a popular meme? Exceed.
You can still see cargo moving like snakes in the global transportation system, with ships unloading and loading containers.
Clearing...
Shipping Rates Skyrocket To $113,700 A day On Atlantic Routes
It’s turning into a Golden Week unlike any other for the capesize trades.
With China meant to be on holiday at the moment, traders might have been forgiven for thinking they could take...
Ship in Lay-up Broke Off Moorings
Mooring lines of a cruise ship broke up in the afternoon Oct 8 at Lavrio Greece, reports Fleet Mon.
What happened?
Mooring lines of cruise ship broke up in the afternoon Oct 8 at Lavrio Greece,...
[Watch] Ship Hit Embankment
Cruise ship with 465 passengers on board contacted quay wall in Hamburg port, Germany, reports Maritime Bulletin.
What happened?
Cruise ship with 465 passengers on board contacted quay wall in Hamburg port, Germany, at around 1400...
[Watch] IMO Highlights Need For Regulations To Prevent 95% of Casualties
Watch the video was launched during IMO’s Maritime Safety Committee (MSC 104) which is in the process of finalizing Model Regulations on Domestic Ferry Safety.
Disclaimer: This video is intended for informational purpose only. This may not be construed as a...
Record Number of Companies Abandon Ships and Crews
A union estimates that more than 1,000 employees are on container ships or bulk carriers now, abandoned.
Shipping companies sometimes just abandon a ship when the cost of repairs is too high or...
Google Warns 2 Billion Chrome Users
Coming just days after Chrome’s 12th and 13th ‘zero day’ exploits of the year were discovered.
Google has published a new blog post revealing four ‘High’ rated vulnerabilities have been confirmed. And users need to...
China’s ‘Common Prosperity’ and Its Effect On the World
China says its policies aimed at narrowing the widening wealth gap are precisely what it needs in this moment of its economic trajectory.
But critics say it comes with even greater control of...