One-third of Lim Family Ships Sold To Repay Debts
Each VLCC raised about $30 mln.
Bunker barges sold at $2 mln to $3 mln.
Greek ship owners among buyers.About one-third of the roughly 150 ships owned by companies controlled by Singapore tycoon...
[FAQ] Computer Programs To Address Container Stowage Issues
North P&I Club has launched a guidance, focused on the importance of correctly using computer programs for container stowage, reports Safety4sea.
Loading computers for stowage-related issues
The club explained that loading computers can prove invaluable in...
Container Shipping Contracts To Expect Highs Amid Season Surcharges
Shorter timeline to return containers amid Asia equipment shortage.
Peak season surcharges rolled out for more shippers.
Spot market activity expected higher as hedge against higher contract rates.Companies negotiating annual container shipping contracts...
WHO Remarks The Unending Covid Crisis Climax Around the Year-End
Dr. Michael Ryan, the World Health Organization’s executive director of emergency services shares the present update of Covid-19 spread and pandemic controls with vaccination in an article published in The Guardian.
Considerable spread of Covid
Despite...
US Warned of Possible ‘Fourth Surge’ Amid Variants Spread
A potential fourth surge of cases in the US may be on the line owing to the pandemic spread.
The UK, South Africa and Brazil strains appear to be more contagious.
CDC warns...
cFlow States 9 Coal Carriers Departure From Baltimore on Feb.28
Nine coal-laden ships departed from Baltimore in Feb. 28, up from seven from a week earlier, according to cFlow, Platts' trade flow software, says an article published in S&P Global.
Dead-weight tonnage
The total dead-weight tonnage...
F-drones Raises Seed Round Funding With Major Shipping Firms
The drones for maritime logistics company F-drones announced its success in raising its seed capital.
The funding was led by Eastern Pacific Shipping (EPS), along with participation from the Schulte Group, and a...
China Proposed Guidelines For Green Economy
In an effort to accelerate the development of a green and low-carbon circular economy and hit peak carbon emissions at around 2030 and carbon neutrality by 2060, State Council of the People's Republic of...
IMO’s Round Table Meeting Discusses Regional Crew Change & Repatriation
The concept of “hub” ports to receive, quarantine, test for COVID-19 and potentially vaccinate seafarers in the Pacific region was explored at a recent roundtable meeting (25 February) involving representatives from States in the region, UN agencies, the shipping industry, the relevant trade union organization and the Pacific Islands...
Nippon Paint Launches New Nano Antifouling Technology
Nippon Paint Marine Coatings Co., Ltd., a group company of Nippon Paint Holdings Co., Ltd. has launched FASTAR - a unique nanodomain structured hydrolysis antifouling paint using nanotechnology, reports the company website.
Self-polishing antifouling paint
FASTAR...