Climate Change Taking Toll on Mental Health of Teenagers and Adults
Climate change is taking a toll on the mental health of teenagers and young adults in a way that could be broadly damaging to society and even democratic institutions, says an article published in...
BP & NYK Line Signs Memorandum To Collaborate on Future Fuels
bp and NYK Line aim to collaborate on solutions to help decarbonize shipping and heavy industry.
The companies will work together on marine fuels such as biofuels, LNG, hydrogen, and ammonia, and explore participation in supply chains for...
Crude Oil Price Rallied Higher
The West Texas Intermediate Crude Oil market has rallied again during the trading session on Tuesday as we continue to see more money flow into the energy sector, perhaps in a bid to be inflation,...
Positive Turn on Gender Diversity in Maritime Industry
The recently published Seafarer Workforce Report 2021 made positive reading for gender diversity within the maritime sector, says a press release published in Mintra.
Female seafarers doubled
According to the latest statistics from BIMCO/ICS, the number...
Gas Cylinder Explosion in Shipyard One Killed and Three Injured
A gas cylinder explosion killed one worker at a shipyard in Sitakunda Upazila of Chittagong in Bangladesh yesterday, says an article published in Splash 247.
About the incident
The incident happened at Mother Steel Shipyard in...
Fujairah Bunker Sales Continue To Go Up
Bunker sales at the Middle Eastern hub of Fujairah advanced by 2.6% from the previous
month in August, reaching the highest level seen this year.
Total sales excluding marine lubricants rose to 703,218 m3...
56 Freighters Are Stranded Off the Californian Coast
56 container ships are stuck outside California ports, worsening shipping delays and costs.
It is the fourth time in three weeks that Los Angeles and Long Beach ports have hit a new record.
The ports account...
SFL Accepts the Tactical Sale of Dry Bulk Carriers
SFL Corporation Ltd. announces that it has agreed to sell its seven handysize dry bulk vessels to an Asian based buyer for an aggregate price of approximately $100 million.
Delivery of the vessels...
Small Manufacturers To Cancel Orders As Inventories Pile Up
Disruptions to sea and air freight caused by the coronavirus pandemic are delaying payment terms for Chinese factories.
Smaller exporters are rejecting orders to prevent cash flow problems caused by goods that can't...
Shipping Companies Believe Spot Rates Are At Peak
One of the world’s biggest shipping lines has decided to stop increasing spot freight rates on routes out of Asia to Europe and the U.S.
As it sees an end to the rally that has seen prices...