FSL Trust To Sell Two LR2 Newbuilds
First Ship Lease Trust (FSL Trust) announces its memoranda of an agreement to sell two LR2 product tanker new buildings, reports The Edge.
About the agreement
FSL Trust said its wholly-owned subsidiaries have executed memoranda of...
Bulk Carrier Accused of Causing A 1,000 tonnes Oil Spill
Government alleges bulk carrier discharged heavy fuel oil into the sea off Santa Cruz Island.
Initial assessment of the spill indicated that around 1,000 tonnes of heavy fuel oil had been dumped.
A bulk...
Apple Renews Syringe Emoji in Light of Vaccine Rollout
Apple is changing its syringe emoji to remove the dripping blood, as it becomes widely used to talk about the COVID-19 vaccine.
The change was discovered in the beta version for Apple's latest...
Shipbuilding and Repair To Get A Facelift With Landmark Project
Polar fabricated, tested, installed functional additive manufactured parts on board the oil tanker Endeavor.
Traditionally, parts used in shipbuilding and repair are manufactured via casting or forging techniques.
the consortium aimed to utilize...
Soaring Freight Rates To Settle Down Soon
The world’s largest container carrier said trade disruptions that have sent freight rates soaring and overwhelmed major ports may start to ease after the first quarter.
It is disappointing for investors but signaling...
Scientists Explain COVID Vaccine Efficacy
Scientists clear the air on the meaning of efficacy in vaccinations
Efficacy means the effectiveness of a vaccine in reducing your infection risk.
90% efficacy means 10 out of 100 is at risk.
...
United Nations Warns of Global Food Shortage As Pandemic Effect
UN food system envoy warns of looming food shortage this year.
Global food system has contracted due to the pandemic.
The effect of the pandemic underlines last year will show its face this...
Start Up Sees Big Data Saving Shipowers Cash
A Silicon Valley start up believes it has something to offer the shipping industry that it will find hard to turn down, says an article published in ship & bunker.
Wider Shipping Industry
If 'Silicon Valley'...
Shipping Is The Next Big Industry To Go Net-Zero
When the International Maritime Organisation announced plans to significantly reduce the amount of sulfur ships were allowed to emit, the industry adjusted relatively quickly. After all, it was all about the fuel. Now, the...
IMO 2021 Theme To Make Seafarers Proud
IMO chooses to make 2021 a year of action for seafarers.
The World Maritime Theme for 2021 is "Seafarers: at the core of shipping’s future".
It seeks to increase the visibility of seafarers...