Fitch Ratings maintains its neutral outlook on the global shipping sector. It may be due to continued strong market conditions for container shipping (albeit with some downside risk) and dry bulk, and expectations...

Leading international ship classification society Indian Register of Shipping (IRClass), has published Guidelines on Remotely Operated Vessels and Autonomous Surface Vessels, reports Xinde Marine News. About the new guidelines   The focus of the high-level Guidelines is...

Tesla boss Elon Musk has been named Person of the Year for 2021 by Time magazine, reports CNBC.  Person of the Year  The recognition comes in a year that saw his net worth surge making him...

Pfizer's updated results for its experimental treatment for Covid-19 showed it cut the risk of hospitalization or death by 89% if given to high-risk adults within a few days of their first symptoms, reports...

A container ship which left port with a defective navigation chart, causing it to be grounded, was “unseaworthy” for the purposes of the Hague Rules relating to carriers’ liability, reports the Times. Notwithstanding that the...

Norwegian Cruise Line Holdings completed its nearly $200m multi-year investment in exhaust gas cleaning systems (scrubbers) on certain ships across its fleet, reads a NCLH press release. Significant emission reduction The devices significantly reduce emissions, including...

EMSA released its monthly report focusing on the impact of COVID-19 pandemic in shipping traffic, reports Safety4sea. EU port ship calls decline By analyzing ship calls at EU ports it was found that the number of...

A flurry of government activity to alleviate crippling port congestion and its economic ripple effects is more likely to have long-term value in structurally changing a broken system than quickly reducing the cargo crunch...

Two vessels collided in Baltic Sea on Monday. One Danish crew member was killed, one is missing. Two crew members on a British cargo vessel were found to be over the legal limit for...

Hydrex we are available at all times. Hydrex offers maintenance services and repairs on all parts of the underwater ship’s propulsion systems and the hull. Our teams can perform a wide range of...