Euroseas Ltd. Announces New Charter Deal

  Euroseas Ltd. (NASDAQ: ESEA, the “Company” or “Euroseas”), an owner and operator of container vessels and provider of seaborne transportation for containerized cargoes, announced today a new charter of its container vessel M/V “EM...

Japan’s LNG Stocks Lowest Since End-October

Japan’s LNG stocks are below their seasonal low for power generation. Japanese power utilities buy, seek spot LNG cargoes, Winter power demand, Indonesia export uncertainty weighs Japan's LNG stocks held by major power utilities...

Global Shipping Company Announces Extension Of Time Charter Contract

It has extended the time charter contract with CLdN Cobelfret SA, Luxembourg, for one of its Post-Panamax dry bulk vessels, the m/v Polymnia. The Company also expects to take delivery of one Kamsarmax...

Wärtsilä To Power 7 New Arctic Shuttle Tankers

The technology group Wärtsilä will supply the main and harbour engines for a series of seven new Arctic Shuttle Tanker vessels being built at the Samsung Heavy Industries (SHI) yard in South Korea, says...

Increased Demand for Solutions Related To LPG as Fuel

As the marine industry focuses on decarbonization, Alfa Laval is experiencing increased demand for solutions related to LPG as fuel. Recent months have seen notable orders for the Alfa Laval FCM LPG, a low-flashpoint...

Millionaires Wants The Government To Tax Them!

More than 100 members of the global super-rich called on Wednesday for governments around the world to “tax us now” to help pay for the pandemic response and tackle the gulf between rich and...

Carbon Pricing Could Rise To Accomplish 2050 Target

Carbon pricing could rise to meet the 2050 decarbonisation target. LNG powered vessels, which emit the potent methane gas, could see costs rise even higher. In the 100% decarbonisation scenario, the average carbon...

WHO Warns Covid Pandemic Nowhere Near Endemic

Nearly two years since it was officially declared by the World Health Organization (WHO), we're still no closer to knowing the answer to the question "How will pandemic end?", reports CNN. Omicron’s severity  The highly transmissible...

[Watch] Rare Blanket Octopus Spotted in Australia

flowplayer(function (api) { api.on("load", function (e, api, video) { $("#vinfo").text(api.engine.engineName + " engine playing " + video.type); }); }); The rainbow-hued octopus, seen swimming on the Great Barrier Reef, was caught on video by marine biologist Jacinta Shackleton. Disclaimer:...

What Do You Think About 3D Printed Injection Nozzles?

Today’s cargo ships are powered by large, complex engines that represent a strategic challenge for the maritime industry. Additive manufacturing might provide a solution.  Thomas Dahmen, a post-doctoral fellow in DTU’s mechanical engineering...