[Watch] MOL Wave Energy Project Bags METI Subsidy
Japanese shipping giant Mitsui O.S.K. Lines, Ltd. (MOL), in a press release, said that its proposed wave power project in Mauritius was selected for Japan's Ministry of Economy, Trade, and Industry (METI) subsidy programs.
Developing...
South Africa Upholds Strict Stowaway Policy, Says Gard
Masters and crews are urged to stay vigilant and implement proper security procedures to prevent unlawful access to their vessel while in South African ports, reports Gard.
Strict stowaway policy
According to a Gard local...
US Trade Balance With China Improves
US exports in value to China have risen 34.7% in the first seven months of 2021 compared to 2019,
at USD 72.4 billion, exports this year are 14.1% higher than in the same...
WFW On Sustainability-Focussed US$25m Dry Bulk Carrier Financing
WFW on sustainability-focused US$25m dry bulk carrier financing
more specifically, the IMO’s aim is to reduce international shipping’s carbon footprint through the recent adoption of a new operational carbon intensity indicator
the transaction...
E-Methanol, Welcome The New Fuel & Don’t Hold Onto The Old Stuff
80% of the world's traded goods move via ship. But the shipping industry is also responsible for 2%-3% of global carbon emissions.
E-methanol is produced by combining green hydrogen and captured carbon dioxide...
Could Floating City Expansions Become A Reality In Our Lifetimes?
are floating cities our future?
settlements that float on the water have been touted as a potential solution to Earth's rising sea levels and increasing extreme weather events
humans have been living, and...
[Watch] Chemical-filled Ship Threatens Marine Life & Beaches
A sinking cargo ship filled with tonnes of chemicals and plastics is threatening marine life off the coast of Sri Lanka, reports BBC.
Efforts to tow the Singapore-registered X-Press Pearl into deeper water to limit...
Euronav Successfully Completes B30 Biofuel Bunker Trials
Belgium-based independent oil tanker company Euronav has successfully completed a B30 biofuel bunker test on the Statia, reads the company news release.
B30 biofuel bunker test on the Statia
Euronav bunkered 1,502 metric tonnes (mt) of...
Asia Crude Oil: Key Market Indicators for Oct 11-15
Crude oil markets started the week of Oct. 11-15 on higher ground given a tightening supply outlook as market participants expect sentiment to remain supported on the back of high LNG and coal prices,...
The Maiden Factor Is Back To Change The World
the Maiden Factor to campaign promoting equal access to education for girls from all backgrounds and countries
they were forced to put their voyage on hold in 2020 because of the coronavirus pandemic...