Covid-19 Death Rate
The UK now has the highest death rate from Covid-19 of any country in the world, the latest data has revealed.Check the full article for more
ClassNK Updates “Guidelines for Remote Surveys”
Leading Classification Society ClassNK has released “Guidelines for Remote Surveys Ver. 2.0” including a class notation requirement for the ship with advance preparation for remote surveys, says a press release published on their website.
Use...
Cosco Opts To Dispose 10 Tankers
A number of tankers are being sent for scrap in 2021, with elevated demo rates proving very tempting. Cosco Shipping Energy Transportation recently announced its plans to dispose of 10 elderly tankers as part...
IMF Predicts 21% Rise in Oil Prices in 2021
Oil prices will average just above $50/b in 2021, a more than 21% rise from 2020's depressed level.
This may be attributed to the rollout of vaccines, and fiscal stimulus programs will help...
IPO Expected from SM Line in 2021
SM Line announces that it is preparing for an initial public offering (IPO) in the second half of the year.
The shipping company has recently selected NH Investment & Securities as the lead...
Oldendorff Carriers Signs A Major Fuel Saving Technology Project
Oldendorff Carriers (OC) sign a Joint Development Project (JDP) with Anemoi Marine Technologies (Anemoi), LR and SDARI.
The JDP is to develop a wind-assisted propulsion solution for Dry Bulk Carriers.
The project, scheduled...
Debunking Pirate Attack, Plight of Seafarers
Pirates are stepping up attacks on ships in West Africa’s Gulf of Guinea, defying regional navies.
On Saturday, pirates off Nigeria kidnapped 15 sailors from a Turkish container ship and killed one.
Pirates...
Rising Shipping Costs Spurs Stress on China-Europe Trade
The cost of shipping goods from China to Europe increases by up to 600 percent in recent weeks.
The rise in cost of shipping goods is attributed to pandemic that has disrupted the...
[Watch] Seafarers Should Receive Vaccine Priority, Says Stakeholder
A maritime industry stakeholder is calling on the Philippine government to also prioritize seafarers as in the country's COVID-19 vaccine rollout, reports ABS CBN News.
Kew worker status: A top priority
Tore Henriksen, president of Doehle...
Inmarsat Secures Fleet Agreement To Accelerate Maritime Digitalisation
Inmarsat, the world leader in global, mobile satellite communications, has secured a fleet-wide agreement with offshore support vessel major Tidewater to advance its digitalization strategy by upgrading the majority of its active fleet to...