LNG Imports Drop After A Rise for 7 Months in A Row
South Korea's LNG imports declined for the first time in eight months in December 2021 due largely to higher import prices and the need to adjust stockpiles despite solid demand for power generation, reports...
COVID in 89 Cruise Ships, CDC Prompts Investigation
The U.S. Centers for Disease Control and Protection identified 89 cruise ships with COVID-19 cases on Tuesday, nearly all of which have met the threshold for a formal investigation, reports BNN Bloomberg.
Increasing Omicron infections
Democratic...
Nakilat Partners With ABS To Address Decarbonization
Nakilat, has partnered with ABS to develop an industry-leading decarbonization strategy.
The project will ultimately see Nakilat’s vessels receive the ABS Sustain notation.
The Sustain notations were introduced with the ABS Guide for...
Maritime Piracy Falls To Lowest Level Since 1994
Maritime piracy and armed robbery attacks reached the lowest recorded level since 1994.
In 2021, the IMB Piracy Reporting Centre received 132 incidents of piracy and armed robbery against ships.
IMB Piracy Reporting...
Oil Bulls Begin This Year With An Upward Trend
Oil prices are climbing as inventories drop and demand continues to recover despite Omicron’s fears.
With WTI now above $81 and Brent nearing $84, it is clear that bullish sentiment has taken over
...
Know the 5 Most Important Traits Of Adaptable Leaders
Adaptability is an essential quality for successful leaders. In fact, without it, leaders could remain too rigid and not allow themselves to get ahead of the curve when noticing that what they are doing...
Singapore Port ‘Reigns Supreme’ Globally
Singapore has retained the number one spot in the Leading Maritime Cities (LMC).
The report was conducted by Norwegian classification society DNV and Norwegian consultancy Menon Economics AS.
The 2022 edition of the LMC...
Two Rival Players Get Approval for Merger
Maersk Drilling and its rival Noble Corporation announced their intention to merge in November 2021.
The Norwegian Competition Authority (NCA) has not raised any objections regarding the business combination.
The Norwegian Competition Authority (NCA)...
Top 20 Software Used In Naval Architecture
Naval architecture is a complex field that is often tricky to work in. Architects and engineers can only visualize the final structure and have to work off reports and drawings to ensure that the...
Weekly Bulk Report – Week 2, 2022
The Baltic Exchange has released a report about the dry bulk market for the 2nd week of shipping activities of this year. The report dated 14th January highlights the dry bulk market conditions at the on-sight...