ONE Q2 Profit Increased Substantially
According to a Freight Waves report, Ocean Network Express’ announcement that its quarterly profit “significantly increased” could be the understatement of understatements. ONE’s third-quarter after-tax profit skyrocketed by something along the lines of 18,800%...
How Pandion Is Revolutionizing E-Commerce
Pandion, the first parcel network designed for the unique challenges of e-commerce, emerged from stealth today and announced the close of a $4.9 million seed round led by Playground Global and Schematic Ventures, with...
The Future Of LNG As A Marine Fuel
Today, LNG-fuelled vessels amount to approximately 13% of the current newbuild order book and estimates for 2021 and beyond show continuing growth in many classes of vessels, reports The Maritime Executive.
Reducing the carbon footprint
Importantly,...
TDoS Partners With SDARI To Take Ship Designs To a Higher Level
Shanghai Ship Design & Research Institute signs partnership on joint ship design projects with Tillberg Design of Sweden, says an article published in Seatrade Cruise News.
Ship design projects
Tillberg Design of Sweden (TDoS) and Shanghai...
CST & Dr. Peters Group Form Shipmanagement Joint Venture
German companies Chemikalien Seetransport (CST) and Dr. Peters Group (DPG) form shipmanagement joint venture, says a press release published on their website.
About the joint venture
German companies Chemikalien Seetransport (CST) and Dr. Peters Group (DPG)...
UK Urged To Exempt Seafarers From ‘Red List’ Travel Restrictions
Nautilus International and the International Chamber of Shipping urged UK Transport Secretary Grant Shapps to exempt seafarers from UK ‘red list’ travel restrictions, says an article published in Safety4Sea.
Exempt seafarers from quarantine
UK Transport Secretary...
G20 Business Body Chooses ICS As Official Network Partner
ICS selected by G20 business body as its official network partner to highlight the key role of shipping in global trade and the need to end the ‘crew change crisis’, says a press release...
LNG A Prime Pathway To Carbon Neutrality
SEA-LNG released a new report showing that LNG is no longer a niche option but a marine fuel of the future, says an article published in Offshore Energy.
LNG-Fuelled shipping
2020 was a year of positive...
Novel Covid 19 in Cold-Storage Shipping, Says Research
Studies into the clusters of COVID-19 cases in recent months show that contaminated cold-chain food products are the major cause of the outbreaks.
As a result it highlights the need for protection of...
19 Seafarers Go On Hunger Strike for Third Week
19 seafarers aboard the 1982-built bulker Ula launch a hunger strike to protest their abandonment at the port of Shuaiba, Kuwait.
The crew demands back pay totaling more than $400,000, along with immediate repatriation.
Since...