Maersk CEO’s View on Zero Carbon Fuel Target
Shipping and logistics giant AP Moller-Maersk expects the shift to zero-carbon fuels roughly to double its bunker costs, says an article published in ship & bunker.
Soren Skou Comments
The firm spent $3.835 billion on its...
Is Ship Design To Blame for Falling Containers?
A spate of recent container losses due to container stack collapses has brought increased scrutiny to container ship loading and design. These container incidents represent a safety threat to the crew, ship and the environment, and significant financial losses...
Sugar Levels Can Impact Seafarers’ Behaviour & Productivity, Reveals Study
According to an article published in Splash247, MCTC’s recent health and nutrition conference discusses the poor nutrition health in seafarers.
MCTC's Virtual Conference
Poor nutrition is not about how much food is being consumed but more...
GasLog To Go Private in Merger Deal With BlackRock
GasLog Ltd. announced plan of merger with BlackRock’s Global Energy & Power Infrastructure team, which is focused on essential, long-term infrastructure investments in the energy and power sector.
Under the Merger, GEPIF will...
Container Shortage Crisis Puts A Dry Spell on Trade Activity
The recent Budget has proposed subsidy support to vessels that register in India.
More than 85% of global trade happens in containers.
Containerised imports have seen a sharp decline since July-August 2021.An article...
US LNG Futures Mark Weekly Gain With The Slip Of Qatar-Asian Prices
Oil prices fell for a second day on Friday, retreating further from recent highs, as Texas energy companies began preparations to restart oil and gas fields shuttered by freezing weather and power outages, says...
IEC Telecoms Predicts Customized Vessel Connectivity Future
Maritime communications are set to move away from the ‘one size fits all’ approach to become fully customisable, predicts connectivity specialist IEC Telecom.
IEC Telecom says having the flexibility to provide individual, customised...
LNG Exports To China Might Drop Due To Weather Conditions
Natural disasters along the Texas Gulf Coast in the US that have disrupted many sectors may mean lagging liquefied natural gas (LNG) purchases by China under the phase one trade deal, Chinese experts have...
Diana Shipping Reports 2020 Net Loss of $134.2m on Impairment Loss
Diana Shipping Inc., in their website, has reported the financial Results for the fourth quarter of the previous year.
Net loss of $7.4 million!
The company incurred a net loss of $7.4 million and net loss...
22 years Imprisonment for Moving Meth & Heroin Aboard Cargo Ship
U.S. District Judge Steven D. Merryday sentenced Yolanda Herrera (43, Rex, GA) to 22 years in federal prison for conspiracy to distribute methamphetamine and heroin, and attempted possession with the intent to distribute methamphetamine...