GTT Bags First Order From Jiangnan
GTT confirmed it has secured a contract from China’s Jiangnan Shipyard to work on Jovo’s new carrier.
This is the GTT’s first order for a membrane LNGC from Jiangnan.
French LNG containment giant GTT...
Crowley Charters Shell For Building & Operations Of LNG Bunker Barge
Crowley Maritime Corporation has signed a long-term time charter with Shell providing for the building and operation of a LNG bunker barge.
With a capacity of 12,000 cubic meters, it will be the...
US Gulf Coast Refiners Works On Compensating Ida’s Damages
The effect of widespread refinery closures in Louisiana will reverberate in the Gulf coast fuel market in the coming weeks.
ExxonMobil Baton Rouge was the first shut-in refinery in Louisiana to announce a...
OPEC+ Keeps Production in Place Amid Surging Oil Prices
OPEC+ has decided to keep its production plans in place, reports OilPrice.com quoting OPEC.
Falling crude oil inventories
The previous—and current—plan is for the group to add 400,000 barrels per day in output for its members...
Long COVID Affects Upto 1 in 7 Kids Months After infection, Says Study
Up to one in seven children who test positive for coronavirus could still have symptoms linked to the disease three months later, according to a study.
The study suggests the prevalence of long...
Fujitsu & NYK Aim Stowage Planning With ‘Quantum-inspired’ Technology
Fujitsu’s quantum-inspired Digital Annealer technology offers global shipping company, NYK, an innovative tool to streamline complex stowage planning for large car carriers
Combinatorial optimization algorithm automates key stages of process to reduce time...
Shipowners To Spend £600bn To Meet Green Targets
Global shipping faces £600billion bill to meet green targets
the IMO set plans aimed at cutting the carbon intensity of all ships by at least 40% by 2030
only 12% of new-build ships...
China Steps In To Control Brutal ‘996’ Work Culture
Many young workers in some of China's biggest firms work brutal '996 hours' - 9 am to 9 pm, six days a week.
Many delivery workers in China say they are underpaid and...
September 2021 May Be A Good Month For Stocks
September is the toughest month for stocks, but this time could be different
Regardless of September fears, the setup is about as good as it gets
The three issues of most concern to...
‘Sail Safely’ Initiative for Maritime Safety & Security Launched
The Ministry of Energy and Infrastructure has launched the ‘Sail Safely’ initiative, as part of its ongoing efforts to protect the marine environment, enhance maritime safety and security.
The initiative includes an intensive...