Global Economy Crises To Crumble Amid Surging Shipping Rates
Supply chains are getting hit again by curbs to control virus.
Chinese new year holidays, strong demand adding to the crunch.Shocks to supply chains are engulfing a wider swath of the global economy...
COVID-19 Not Going Away, Likely To Stay Forever: Warns Moderna CEO
Stephane Bancel, CEO of COVID-19 vaccine maker Moderna, warned that the virus will be around “forever.”
Public health officials and infectious disease experts have said there is a high likelihood that COVID-19 will...
[Watch] World’s First Vessel With Tilting Rotors Arrives In Rotterdam
The SC Connector arrived at Matrans Rotterdam Terminal in Eemhaven on Tuesday, 12 January, at 7:00 am, reads a press release by Port of Rotterdam.
Modern sailing ship
Last year, this vessel from shipping company Sea-Cargo...
Total Acquires Leading Biogas Producer in Green Push
French energy company Total's acquisition of a major biogas producer in the country will help boost its ability to supply bio-LNG as a marine fuel, reports Ship & Bunker.
LNG for maritime decarbonization
On Monday, Total...
WHO Team Lands in China To Probe COVID Origin
WHO team finally entered China after last week's last-minute hiccup
China has blocked an independent probe into virus' origins
The team has reached but it faces an uphill struggle
A wildlife poacher may...
Boxship Demolitions Abandoned Amid Spike in Freight Rates
Containership demolition virtually dried up in December as shipowners and carriers deployed all available tonnage to meet surging demand across trades, says an article published in the loadstar.
Huge spikes in Ocean freight rates
Huge spikes...
Promising State-of-the-art Insurance Product for Shipping Industry
New York-listed insurance provider Aon has launched a new insurance product aimed at shipping.
The coverage will be activated when the cost of fuel rises above an agreed limit, the company said.
The policy is...
Shifting Towards Green Shipping
In this decade, we’ll see more accelerated change in shipping fuels than we’ve seen in the last century. What does this heightened diversity mean for shipowners?They must be nimbler than ever – a shift...
Scrubber Repair Industry To Bloom With Rising Demand
After the rapid growth in scrubber installations in the years before 2020, the industry providing repairs to the emissions-cleaning systems is starting to expand.
US-based Logan Industries announced this week that it would now offer scrubber...
ABB & Hyundai Sign A High Turbocharging Service Deal
A new agreement between ABB Turbocharging, HGS and Hyundai Heavy Industries’ Engine & Machinery Division (HHI-EMD) has established a ‘total service solution’.
The main purpose of this total service solution is for ABB...