Weekly Bulk Report – Week 42, 2021
The Baltic Exchange has released a report about the dry bulk market for the 42nd week of shipping activities of this year. The report dated 25th October highlights the dry bulk market conditions at...
Check Out How Filters In BWS Are Helpful
Filters for ballast water systems may not be a legal requirement, but they may prove very helpful, particularly if the vessel is loading ballast in sediment-rich waters. We spoke to filter system manufacturer Filtersafe,...
Big Oil Is Back
MSCI energy index up more than 40% in 2021
Banks, funds say dividends, earnings to power more gains
The turnaround comes amid weak oil & gas CAPEX
After enduring a near-death experience during the...
Kansai – Japan CCS Ink LCO2 Terminal Deal
Kansai Electric Power will work with research firm Japan CCS to build a liquefied carbon dioxide (CO2) shipping terminal at Kansai's 1,800MW Maizuru coal-fired power complex in Kyoto, says an article published in Argus...
Fuel Availability Outlook Of America
Gulf Coast fuel oil production has recovered to pre-hurricane levels, and supply remains limited in Panama, says an article published in Manifold Times.
Production ramped up
US Gulf Coast refineries have ramped up fuel oil...
Proman & Stena Jointly Develop Methanol As Shipping Fuel
The global shipping industry is responsible for ~2.9% of global greenhouse gas emissions.
Proman and Stena are committed to jointly developing a Retrofit & Supply solution.
Stena was the first ship owner in...
Cyber Risk Of ECDIS, Operational Technology Onboard Ships
There have been concerns raised in the industry about cyber risks of ‘operational technology’ onboard ships, such as ECDIS.
The main cyber concerns are that the ECDIS operating system software can be corrupted...
Yara Marine Grants FuelOpt with Enhanced Solutions
As ship operators rush to comply with the IMO’s upcoming Energy Efficiency Existing Ship Index (EEXI) framework, Yara Marine Technologies offers FuelOpt.
A preliminary assessment carried out by DNV confirms this statement.
FuelOpt...
COVID Vaccine Disparity Swarms the Globe
Deaths from Covid are declining in every region except Europe, but vaccine inequities continue to plague much of the developing world.
Three countries – Burundi, Eritrea, and North Korea – have yet to...
Paypal on Course to Maximize Profit
PayPal Holdings Inc. is exploring a $45 billion acquisition of social media company Pinterest Inc.
Its shares closed up 13% at $62.68, giving the company a market valuation of $40 billion.
PayPal snapped...