Is Trade Amid Pandemic Straining Supply Chains?
the global shipping industry did not have enough infrastructure and emergency preparedness to deal with the impact of COVID-19
container prices soared to their all-time high
the slow return of empty containers also...
Avance Gas Secure Three Time Charter Agreements
Avance gas holding ltd enter into three-time charter agreements
for a period of 2 years at an average hire level of approximately $30,000 per day net to owners
for the vessels 2008-built VLGC...
Oil Goes Past $80 for First Time in 3 Years
Oil prices climbed above $80 (£59) a barrel, hitting their highest level in three years as the pound slumped.
Brent crude, the international benchmark, rose to as much as $80.69 on the day,...
NYK Sign MoU for Discussions On Ship-To-Ship LNG Bunkering
Itochu Enex Co., Kyushu Electric Power Company, Saibu Gas Co. and NYK Line have signed a memorandum of understanding (MoU) for joint discussions on the commercialisation of a new business to supply marine LNG,...
Newbuilding Orders Get Cancelled Amid LNG Uncertainty, Says OPEC
LNG likely to be dominant fuel in marine bunkers by 2045 as ammonia and hydrogen engines fail to penetrate market, oil-producing cartel says.
Increased doubts about the future of LNG as a compliant...
Nominations Called for IMO’s Exceptional ‘Bravery Award at Sea’
Nominations are called for the IMO Bravery at Sea awards, reports ITF Seafarers.
The IMO Bravery at Sea awards
Officially called the ‘IMO Award for Exceptional Bravery at Sea’, the important Award and its associated letters...
Langh Tech Launches UV-C BWMS System
The BWMS has been retrofitted, without drydocking 907-TEU feedermax container ship Linda.
The installation process appeared to be extremely compact
The LanghBW600 has completed land-based testing
A Finnish shipowner, operator and marine engineering group...
Hapag-Lloyd Procures Maersk Stakes After Cosco’s Deal
Hapag-Lloyd is investing in the JadeWeser Deepwater port
Hapag-Lloyd will acquire a 30% stake CTW and 50% of the shares of RTW
Cosco CSPL struck a deal with HHLA to acquire a 35%...
IMO Launch NextGEN Portal For Maritime Decarbonisation
The NextGEN portal, an online collaborative global ecosystem of maritime transport decarbonisation initiatives.
NextGEN aims to encourage information-sharing, create critical networks and opportunities for collaboration, and facilitate capacity-building.
The NextGEN portal was launched...
GGGI and Kogas Joins On Green Hydrogen Promoting
Kogas has signed a memorandum of understanding with the Global Green Growth Institute to promote green hydrogen in developing and emerging countries says an article published in Lng Prime.
About the deal
Under the deal signed...