Bill Gates Launches Nuclear-Powered Shipping Venture Amidst IMO Push

Bill Gates, one of the richest men in the world, has turned his attention to getting ships powered by nuclear energy. He announced a new venture with Mikal Bøe’s CORE POWER, French nuclear...

Insights Of Future Scrubbers

A panel representing major EGCS manufacturing interests discussed scrubber performance, financial viability and future opportunities at Riviera’s Maritime Air Pollution, Europe virtual conference, reports Riviera. The Scrubber Business With an estimated 4,500 scrubbers either installed or...

LNG On a High with $125,000 per day, Future Bleak

Rates for LNG transport have jumped, buy joy could be short-lived. Tankers carrying crude oil and refined products are wallowing below cash-breakeven. Their near-term prospects are grim. In contrast, spot rates for tankers carrying...

Europe Lockdown & U.S. Elections Keep Oil Market Volatile

Lockdowns in Europe and uncertainty over a US election could mean oil market volatility may be on the horizon. Oil prices gained nearly 3 percent on Monday, paring earlier losses, on the eve...

Seaman ‘Froze To Death’ After ‘Inherently Unsafe’ Crane Fall

Seaman fell off a ship's "inherently unsafe" crane platform into the River Clyde and died in the freezing water, reports BBC. Fatal accident hearing What happened? Stanislaw Bania, 58, while working aboard cargo vessel "Joanna", died in...

Cargo Ship Runs Into Rough Seas, Suffers Partial Loss

Emergency port call after cargo shift, probably loss, France, writes Erofey Schkvarkin for the Maritime Bulletin.What happened? General cargo ship ARUCAS with cargo of packet sawn wood ran into rough seas on Oct 24-25 in...

[Watch] Hurricane Zeta Time Lapse

Disclaimer: This video is intended for informational purpose only. This may not be construed as a news item or advice of any sort. Please consult the experts in that field for the authenticity of...

MPA-ABS Renews AI Driven Decarbonization Research Partnership

Singapore’s MPA has signed a MoU with ABS to renew its partnership in maritime research, development and innovation. Both parties will also work together to develop the next-generation maritime workforce in Singapore, by...

Hunter Group Announces Its $168.4m Vessels Sale Deal

Hunter Tankers AS, a wholly owned subsidiary of Hunter Group ASA has signed a MoA for the sale of Hunter Saga and Hunter Laga, says a press release published on their website. What is in...

LNG- Hydrogen the ‘Frontrunner Fuels’ for Low-Carbon Shipping

Apart from the ambitious target of the 2020 Global Sulphur Cap set by the IMO, shipowners and operators must also take into considerations the GHG targets for 2030 and the emissions goals for...