Supply Chain Turmoil Will Continue, Predict Analysts
Hopes of a return to some form of normality in global supply chains after Chinese New Year in February have been dashed by analysts.
Both Drewry and MSI now do not expect the...
TotalEnergies Commits To Biodiversity Protection In Arctic LNG Project
TotalEnergies commits to biodiversity protection in the LNG project
Arctic LNG 2 has defined a set of actions that will be implemented to minimize the environmental and social footprint
it will also deliver...
Singapore Company Invests In Battery Systems Provider Sterling PlanB
Singapore-based investment company Yinson Holdings has bought a stake in marine battery systems provider Sterling PlanB.
As well as the investment, the two firms have signed a memorandum of understanding to form a...
Sustainable Marine Fuels Must Meet a Wide Range of Standards
Big-name shipping companies, such as A.P. Moller – Maersk, are taking action to reduce emissions and transition to more sustainable fuels, says an article published in Fright Waves.
About the report
The Sustainable Shipping Initiative (SSI) recently...
Maersk To Install Wartsila’s Air Lubrication System
Wärtsilä to install Silverstream’s air lubrication system on a trial basis to reduce Maersk container ship’s carbon footprint
the trial will examine possible improvements to the ship’s overall efficiency, focusing on the reduction...
Industry Majors Team Up on Digital Procurement of Marine Fuels
FrontM and Bulugo have concluded a partnership agreement that gives sea-going personnel the ability to procure bunker fuel and lubricants, digitally, onboard their vessel, reports FrontM website.
It is a collaboration that is intended to...
Crude Oil Price Forecast
WTI Crude Oil
The West Texas Intermediate Crude Oil market has rallied again during the trading session on Monday to make a fresh, new high. Furthermore, the market is testing this $78 level and trying...
Walmart and Rivals Hire Their Own Ships, Supply Crisis Challenges
The Flying Buttress once glided across the oceans carrying vital commodities like grain to all corners of the world.
Now it bears a different treasure: Paw Patrol Movie Towers, Batmobile Transformers and Baby...
Diana Shipping Enters Time Charter for Capesize Vessel
Diana Shipping Inc (NYSE:DSX) has entered into a time charter contract with Olam International Limited, Singapore, for one of its Capesize dry bulk vessels, the m/v Baltimore, reads a press release.
Gross charter rate is...
WFW Guides CST in Buying Marinvest Fleet
Watson Farley & Williams (“WFW”) advises Clean Sea Transport LLC (“CST”), a joint venture between MSEA Group, Arkview Capital and Scorpio Tankers (NYSE:STNG).
It is in relation to the purchase of Marinvest AB’s...