Carriers No More Worried About Contracts, Shippers in Trouble
As Asia-US demand continues to surge, BCOs are struggling to ship contracted cargo and are increasingly turning to NVOCCs to support their fractured supply chains.
Anecdotal reports suggest carriers are finding spurious reasons...
WinGD Launches New ‘Eco-Engines’ for Low Carbon Shipping
Engine technology company WinGD has launched a new dual fuel engine technology iCER to reduce methane slip, and other improvements for better combustion control.
The company sees the engine as a way for...
UN Shipping Body Approves Arctic Heavy Fuel Ban
Ships will be banned from burning or using HFO in Arctic waters under a newly agreed regulation, but with loopholes giving most polluters a pass until 2029.
The decision came several days after...
Thun Tankers – Geos Group Inks Long-term Agreement
Thun tankers have taken delivery of their first Naabsa MAXX On 6th of November , says a report published on their website.
About the design
The Thun Blyth is equipped with NAABSA design (Not Always...
86% of Japan’s Exports Tariff To China To Be Removed
According to a Nikkei Asia report, Tariffs will likely be eliminated on 86% of industrial goods exported from Japan to China as a part of the Regional Comprehensive Economic Partnership to be signed on...
First COVID Vaccine Likely To Be Approved By Mid December
In a major development, Pfizer Inc (PFE.N) said that they will apply to U.S. health regulators on Friday for emergency use authorization (EUA) of its COVID-19 vaccine, the first such application in a major...
Remdesivir Suffers Huge Blow After WHO Recommends Against Its Usage
The World Health Organization recommended against using Gilead Sciences Inc.’s remdesivir to treat hospitalized Covid-19 patients less than a month after U.S. regulators granted the drug a speedy approval, reports Bloomberg.
Huge blow to the...
AI Software for Improved Safety And Automation in Shipping
British firm Robosys Automation Limited launched an AI software. It can allow bridge watchkeepers to control ships and improve safety, says an article published in Ship Technology.
About AI Software
Voyager 100 is recognized as “junior...
KR Completes Its First Drone & Crawler Hull Survey
The Korean Register (KR) has successfully completed its first hull survey using both a drone and crawler (a type of drone capable of climbing up and down walls) without scaffolds, reports Cyprus Shipping News. The...
Oil Prices Soar Amid OPEC Delays & COVID19 Vaccine Hopes
Pfizer and Moderna say their COVID-19 vaccine is 95% effective.
Saudi Arabia urges OPEC+ to be flexible on output.
U.S. crude stocks rise and distillate inventories plunge.Oil prices firmed by about 1% on...