Crude Oil Futures Dip

Crude oil futures were lower during mid-morning trade in Asia on Nov. 17, after concerns of tight supply eased amid expectations of increasing US shale activity and reports of the US requesting China...

Singapore To Provide 12,000 Vaccine Doses for International Seafarers

Singapore is making available at least 12,000 vaccine doses for international seafarers for the next phase of its crew vaccination programme, says an article published in Seatrade Maritime News. Vaccinating non-resident seafarers Singapore started vaccinating...

ABB To Equip Himalaya Shipping Bulk Carriers

ABB is to supply an equipment package, which includes permanent magnet shaft generators, for 12 210,000 DWT bulk carriers owned by the Bermuda-based Himalaya Shipping, says an article published in MarineLog. Shaft generators feature The...

SeaBird Inks LoI for Two Source Vessels

SeaBird Exploration has received a letter of intent (LOI) for the provision of two source vessels for an ocean bottom node (OBN) project, says an article published in Offshore Energy. About the project SeaBird will utilize...

Coral-Sul FLNG Ready To Set Sail

Italian energy giant Eni held the naming and sail away ceremony of the Coral-Sul FLNG, the first floating LNG facility ever to be deployed in the deep waters of the African continent, reports RigZone. About...

Green Hydrogen Market Worth $1.423m By 2026

According to Facts and Factors, the green hydrogen market size and share revenue are expected to grow from $755 million in 2020 to reach $1,423.2 million by 2026. The average global price of...

Supply Chains, Shift From Paper To Digital Transaction

The Covid-19 pandemic is speeding up a technological transformation of global trade as supply chains. Ship operators and importers to accelerate their investments in technology to smooth out kinks, reduce delays and ultimately...

This Oil Company Invests On Biggest Growth Project

  Australia's biggest independent oil and gas firm said it had agreed to sell a 49% stake in a planned second processing unit, or 'train', at the Pluto LNG plant to private equity firm...

Capesize Rates Retreat On Concerns Around Health of the Chinese Economy

b The Baltic Exchange's dry bulk sea freight index on Tuesday declined to its lowest level since early June, reports Yahoo Finance. Baltic index dip The Baltic Exchange's dry bulk sea freight index on Tuesday declined to...

Scientists Warn About Delta “Grandchild”

The Delta variant of the SARS-CoV-2 virus now accounts for nearly all of the coronavirus infections globally, fuelled by the unchecked spread of the novel coronavirus in many parts of the world. So...