Crude Oil Production Cut Down Slows Down Tanker Recover To Second Half
According to a Freight Waves article written by their Senior Editor Greg Miller, Analysts have warned that the tanker recovery will be a distant dream as rates are unlikely to recover before the second...
[Watch] Seafarer Facing COVID Violation Charges for Swimming To Port from Ship
A seafarer is facing charges for violating covid rules and swimming at the port from a bulk carrier ship, reports the Daily Mail UK.
What happened?
A Vietnamese man, 37, has been charged with breaching...
Scorpio Bulkers Announces Its $22.25m Vessel Sale Deal
Scorpio Bulkers Inc. has announces the sale of a Kamsarmax vessel, says a press release published in their website.
Sale of vessel
Scorpio Bulkers Inc. (NYSE: SALT) (the “Company”) announced that the company has entered into...
Avenir LNG Launches Its Third Bunkering Vessel
Avenir LNG Limited launches its third 7,500 cbm dual-purpose, LNG supply and bunkering vessel, says a press release published on their website.
Launch of 3rd vessel
Avenir LNG Limited (NOTC: AVENIR) announces the launching of its...
Wuhu Shipyard Bags Asphalt Tanker Orders
Wuhu Shipyard Co., Ltd. and Continental Bitumen signed a series of orders for Bitumen / Oil Product Tankers through "Cloud Signing", says a press release published on their website.
What is in the contract?
Recently Wuhu...
LNG Needs To Ensure De-carbonization for Better Future
A large box must be ticked before LNG can be considered a cornerstone of the 21st century energy basket – and that is its de-carbonization.
LNG has fairly been heralded as a coveted...
MOL, Bombora Focus on Wave Energy Opportunities
MOL has entered into an agreement with Bombora to identify Marine energy potential across Japan, says a press release published on their website.
About the collaboration
Internal technical review
MOL has completed an internal technical review of...
Covid-19 Vaccine Appears Effective Against New Coronavirus Strains
A new study provides early evidence that a Covid-19 vaccine might be effective against two new coronavirus strains first identified in South Africa and the UK, despite a concerning mutation, says an article published...
Diana Shipping Inc. Announces Time Charter With Cargill & C Transport
Diana Shipping Inc. announces time charter contracts for m/v Santa Barbara with Cargill and m/v Salt Lake City with C Transport, says a press release published on their website.
Time charter contract with Cargill
Diana Shipping...
UK Space Agency All Set for Satellite Tracking of Ship Emissions
The UK Space Agency is set to fund a project seeking to track ships' emissions using satellite imagery.
A joint project between Redshift Associates and the University of Leicester will be one of five firms receiving funding from the...