‘Cold Spell’ Across Northeast Asia Push LNG Prices To Record Highs

As an early winter chill grips China, South Korea and Japan, prices for coal, liquefied natural gas (LNG) and power are rising due to supply crunches and a surge in demand with more cold...

BWMS User Guide Released By SOCP

The Ship Operations Cooperative Program (SOCP) has released the Ballast Water Management Systems (BWMS) User Guide, says an article published in maritime professional. About BWMS User Guide Developed by Glosten in cooperation with the SOCP Members...

United Overseas Group To Acquire UAE Tanker Operator

 Investment company United Overseas Group (UOG) is to acquire Dubai-based shipping company United Arab Chemical Carriers (UACC), the two companies said on Thursday, says an article published in reuters. About The Deal The deal is subject...

New 90% Accurate ‘Sniffer Dog’ COVID Testing Device Smells The Virus

A new improved breathalyser can detect the coronavirus in less than a minute.  This AI enabled nose device can easily differentiate covid negative and positive people by sucking the air from your nose. ...

Schulte Groups Upgrades It’s Hospitality Software On Acquiring Resco

The Schulte Group has acquired Rescompany Systems (Resco), a provider of advanced hospitality software to the cruise industry, reports Riviera.MariApps Marine SolutionsResco will now partner with MariApps Marine Solutions – a Schulte Group...

HMM Seeks To Be A Logistics Service Provider Like Maersk 

According to a LoadStar article written by Mike Wackett, South Korean carrier HMM is looking to follow some of its peers and transform itself into a logistics business to underpin its rapid expansion strategy. To...

Scientists Working on Moderna Vaccine ‘Dose Halving Supply Doubling’ Strategy

As per media reports, scientists at the National Institutes of Health and Moderna Inc may take about two months to determine whether doses of the company's COVID-19 vaccine can be halved to double the...

The New Initiatives Undertaken By The Shipping Industry To Help With Decarbonization

It’s the moment climate finance professionals live for: when an idea — an initiative — is turned into real-world action by real-world actors. A year after the Poseidon Principles were signed, 15 banking signatories last...

Crude Oil Production Cut Down Slows Down Tanker Recover To Second Half

According to a Freight Waves article written by their Senior Editor Greg Miller, Analysts have warned that the tanker recovery will be  a distant dream  as rates are unlikely to recover before the second...

[Watch] Seafarer Facing COVID Violation Charges for Swimming To Port from Ship

A seafarer is facing charges for violating covid rules and swimming at the port from a bulk carrier ship, reports the Daily Mail UK. What happened?A Vietnamese man, 37, has been charged with breaching...