Oil Demand Recovery: Supply Outlook Favorable For Clean Tankers

oil demand to resurge in winter, supporting freight aging fleet, scrapping uptick improves supply outlook For oil demand recovery supply outlook is favorable for clean tankers says an article on SP Global. Supply favorable for clean...

Shattering Merchant Navy & Shimmering Non-Native Shippers

A nation’s merchant navy is a strategic asset, second in importance only to its ‘fighting navy’.  It needs to be protected from high taxes and discriminatory norms. A strong and diverse indigenous shipping fleet...

Hyundai Develops Floating Foundation for Offshore Wind Turbines

Hyundai heavy industries develop a floating foundation for 10 MW wind turbines HHI signed a Memorandum of Understanding (MOU) with KR and KRISO Hyundai Heavy Industries (HHI) develops a semi-submersible floating foundation for 10 MW-class wind turbines says an article...

MPA Sets Up $120m ‘Decarbonization Centre’ To Curb Marine Emissions

  GCMD aims to collaborate with the industry to help the maritime sector reduce greenhouse gas (GHG) emissions. 31 expressions of interest received to partner the centre to advance maritime decarbonisation solutions. Key leadership...

Container Market To Remain Unfazed For Months, Predicts BIFA

British International Freight Association (BIFA) says that it foresees rates remaining at extraordinarily high levels, possibly increasing. The capacity remains extremely tight; ongoing service delays and container shortages, as well as punitive surcharges. Commenting...

DSIC Delivers Largest Newcastlemax Bulker

Bohai Shipbuilding Heavy Industry of DSIC held a christening ceremony for BERGE BOBOTOV the 210,000DWT bulk carrier No.23 is the final product of the series DSIC delivered a 210,000 DWT bulk carrier built for...

Schottel To Deliver Propulsion Package for 5 Low-emission Tugs

  Schottel has received an order from Sanmar Shipyards in Turkey for propulsion packages for two LNG-fuelled escort tugs, as well as in three battery-powered harbour tugs. The vessels have been ordered by Canadian...

UK To Resume International Cruises After A 16-month Hiatus

International cruises will be able to start again from England from 2 August after a 16-month break. People arriving at UK ports who have been fully vaccinated in the US and the EU...

Safety Concerns After Workers Die While Dismantling Vessel

the accident occurred on July 12 as workers were dismantling the Carnival Inspiration at a ship recycling yard in Aliaga, Turkey the two workers were killed when they were “suddenly caught by flames”...

[Watch] International Maritime Awards 2021 – Opening Video

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...