Sanmar Shipyards Inks A Historic Deal
Leading tugboat-builder Sanmar Shipyards and energy storage systems provider Corvus Energy signed a historic co-operation agreement at TugTechnology 2021 to build cutting-edge hybrid and zero-emissions battery-electric tugs in a move hailed as a...
Soaring Asian Stock Markets As Two World Leaders Meet
Asian stock markets are higher as President Joe Biden and China’s Xi Jinping hold a summit meeting by video link, reports abc news.
Asian stock market
Asian stock markets rose Tuesday as President Joe Biden and...
Algoma Chooses FuelOpt To Enhance Vessel Efficiency
Yara Marine Technologies has secured a contract from Canadian marine shipping firm Algoma Central Corporation to deploy its FuelOpt propulsion optimisation technology on board eight more of the latter’s bulk carriers, says a press...
Gibson Tanker Report – Week 45, 2021
It’s not very often that a leader of a large oil producing nation calls on other oil producing countries to actually pump more oil.
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Purus Marine Announces LNG Carriers Acquisition Deal
Purus Marine announced an agreement to acquire two 180,000 cbm LNG Carriers (“LNGCs”), says a press release published in BusinessWire.
Vessel acquisition agreement
Purus Marine, a maritime holding company that owns environmentally-advanced vessels and infrastructure equipment,...
Bulk Carrier – Lighter Collision, 3 Missing
A lighter ship loaded with some 600 tons of coal sank in Mongla port, Bangladesh, after she collided with, a bulk carrier, in the evening Nov 15, reports Maritime Bulletin.
What happened?
Three out of six...
From New COVID Deaths To Summoned Soldiers
The United Kingdom has registered 157 deaths in the last 24 hours, bringing the total number of deaths to 142,835.
There were also 38,351 additional coronavirus infections, bringing the total number of cases...
ClassNK Grants Innovation Endorsement for Products & Solutions
Leading Classification Society ClassNK has granted its Innovation Endorsement for Products & Solutions to “SEAWALKER web platform”, the software solution for remote assistance and complex maintenance operations developed by SEAHARMONY LP, says a press release...
This Country Sticks To “Zero COVID” Amidst “Living with COVID”
Around the world people are getting used to post-lockdown life with vaccines doing the heavy lifting against Covid-19 as restrictions are eased, reports BBC.
Hard elimination policy
In China however, a hard elimination policy remains where...
Weekly Bulk Report – Week 45, 2021
The Baltic Exchange has released a report about the dry bulk market for the 45th week of shipping activities of this year. The report dated 12th November highlights the dry bulk market conditions at...