Norwegian vessel owner and operator Eidesvik Offshore has struck a refinancing deal with banks for the extension of the final maturities of debt facilities from the end of 2022 to the end of 2023....

A memorandum of understanding (MoU) has been signed in Seoul on 27 August. POSCO, Hyundai Mipo Dockyard, Korea Shipbuilding & Offshore Engineering, Lloyd’s Register (LR) and the Liberian International Ship & Corporate Registry...

Scientists have developed technology that can turn footsteps into electricity, says an article published on guardian website. Hi-tech wooden flooring By tapping into an unexpected energy source, wooden flooring, researchers from Switzerland have developed an energy-harvesting...

The Danish government has now made it possible for crew members on ships arriving in Denmark to be vaccinated against COVID-19. This opportunity applies regardless of the seafarer’s nationality, says an article published on...

The world's leading oil producers are expected to uphold a July deal to slowly boost output at a meeting on Wednesday, despite US pressure to go further, says an article published on france24 website.  Production...

When it comes to real-time visibility, the market is becoming more important and more robust and saturated than ever before.  Billions of venture capital dollars of investment are being poured into companies that can integrate...

Israeli container shipping company ZIM Integrated Shipping Services Ltd has exercised its option to long-term charter five additional 7,000 TEU liquefied natural gas dual-fuel newbuilds from containership lessor Seaspan Corporation, says a press release...

Hyundai Heavy Industries Co. and Korea Shipbuilding & Offshore Engineering, have developed a Korean-type CO2 injection platform in partnership with Korea National Oil Corp, says an article published in Business Korea. Developing the platform Offshore...

The United States has thrown away at least 15.1 million doses of Covid-19 vaccines since March. Million Americans received a third treatment based on diminished immunity. Only 2.8 percent of the African continent...

Cosco Shipping Aquarius has shifted from Asia – the Middle East routes to become the first megamax on a dedicated transpacific loop, says an article published in Splash 247. Deployed on pendulum While California has welcomed...