Sumitomo Corporation, Now A Part of Zero Carbon Shipping
Japanese trading company Sumitomo Corporation and Mærsk Mc-Kinney Møller Center for Zero Carbon Shipping today (11 August) signed a partnership agreement.
It is to commit to a long-term strategic collaboration on the development...
US Senate Passes the Landmark $1tn Infrastructure Bill
The Coalition for America’s Gateways and Trade Corridors (CAGTC) congratulates the U.S. Senate for passing today the Infrastructure Investment and Jobs Act (IIJA), an historic $1 trillion bill, reports Ajot.
Fund to improve transportation
Up to...
Key Market Indicators for August 10-13, Asia Residual Fuels
Morning discussions for the ICE October Brent futures contract showed it was trading at $68.97/b at 0245 GMT Aug. 10.
Down from the $71.78/b level at 0830 GMT Aug. 6, Intercontinental Exchange data...
Lack of Vessels Hindering Re-Entry To Europe Trades
Wan Hai says lack of vessels is hindering re-entry to Europe trades
the idle container ship fleet was at a historical low of 0.7%, meaning almost all available vessels are in use
Wan Hai...
[Watch] Paris Climate Goals Far From Reach, Says Report
A bleak new report which the United Nations calls a “code red for humanity,” warns that time is running out to save the planet as climate change is accelerating and intensifying.
Unless there...
NGO Shipbuilding Platform Publishes South Asia Quarterly Update
In its quarterly publication, the NGO Shipbreaking Platform informs about the shipbreaking industry in Bangladesh, India and Pakistan, reports the official twitter page.
Negative impacts of substandard shipbreaking
Providing an overview of accidents that took...
TT Club Reveals Regional Winners of YIFFYA
FIATA International Federation of Freight Forwarders Associations and TT Club, international freight transport insurer, reveal this year’s regional winners of the Young International Freight Forwarder of the Year Award (YIFFYA), reads a TT press...
Online Seafarer Examination Portal Launched
The Liberian Registry has launched its new online platform for Liberian licence assessments and upgrade examinations, reports the official website.
Seafarer approval from training centres
The platform at https://seafarerexam.liscr.com/ allows the eligible seafarer, working through approved...
Taylor Maritime Acquires 7 Handies for $107.8m
Shipping company Taylor Maritime Investments has agreed to acquire seven Japanese-built handysize bulk vessels for a combined $107.8 million, reports Stock Market Wire.
Finance from equity proceeds
The bulker units are ranging in size from 28,000dwt...
Bunker Fuel Market To Reach $130.1b Globally By 2027 at 3.1% CAGR
The bunker fuel market is predicted to grow robust at CAGR of 3.1% by 2027 with a revenue of $130.1 Billion, reports EIN News.
CAGR of 3.1%
Allied Market Research published a report, titled, "Bunker Fuel...