ZIM Announces To Charter Additional Five 7,000 TEU LNG-Fueled Vessels

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...

HHI Develops CO2 Injection Platform in partnership with KNOC

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...

15 Million Covid Doses Wasted In The US, Report Says

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 to Become the First Megamax on a Dedicated Transpacific Loop

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...

Ocean Technologies Group Buys Compas

Ocean Technologies Group has acquired Compas, a crew management SaaS, introducing a third strand to OTG’s fast-growing business empire alongside its learning and fleet management solutions, says an article published in Slash 247. The increasing...

Posco, and a Group of Ship Members Join Forces for Liquid CO2 Tanker

A group of shipbuilders and related companies signed an agreement on August 27 to jointly develop Liquid Carbon Dioxide carriers, says an article published in Sea Trade Maritime News. About the agreement The agreement was signed...

Strong Winds Push Caldor Fire Closer to Lake Tahoe

A California wildfire is inching closer to a resort town as fire conditions worsen in the region, says an article published on abc news website.  Caldor Fire The Caldor Fire has now scorched more than 207,931...

B2B Market Place Offered by Marine Online App

Among the many things altered by the COVID-19 pandemic is the way ships purchase their supplies, a practice that’s now carried out primarily through eCommerce channels. Into this mix comes Marine Online, an open...

Poor Market and Norwegian Cruise Line Holdings Ltd. Stock Status

A recent news article published in the Marketwatch reveals about the Norwegian Cruise Line Holdings Ltd. stock fall  and underperforming market. Shares of Norwegian Cruise Line Holdings Ltd. Shares of Norwegian Cruise Line Holdings Ltd. NCLH, +1.27% shed 2.63%...

Covid 19 Impact on Businesses and Post-crisis Bounce

Consumer-sector and bank executives, as well as corporate boards, are rethinking approaches to set the stage for successful comebacks. Car dealerships are getting busier, and many are eagerly seeking more inventory to sell....