WHO Team Lands in China To Probe COVID Origin

WHO team finally entered China after last week's last-minute hiccup China has blocked an independent probe into virus' origins The team has reached but it faces an uphill struggle A wildlife poacher may...

Boxship Demolitions Abandoned Amid Spike in Freight Rates

Containership demolition virtually dried up in December as shipowners and carriers deployed all available tonnage to meet surging demand across trades, says an article published in the loadstar. Huge spikes in Ocean freight rates Huge spikes...

Promising State-of-the-art Insurance Product for Shipping Industry

  New York-listed insurance provider Aon has launched a new insurance product aimed at shipping. The coverage will be activated when the cost of fuel rises above an agreed limit, the company said. The policy is...

Shifting Towards Green Shipping

In this decade, we’ll see more accelerated change in shipping fuels than we’ve seen in the last century. What does this heightened diversity mean for shipowners? They must be nimbler than ever – a shift...

Scrubber Repair Industry To Bloom With Rising Demand

After the rapid growth in scrubber installations in the years before 2020, the industry providing repairs to the emissions-cleaning systems is starting to expand. US-based Logan Industries announced this week that it would now offer scrubber...

ABB & Hyundai Sign A High Turbocharging Service Deal

A new agreement between ABB Turbocharging, HGS and Hyundai Heavy Industries’ Engine & Machinery Division (HHI-EMD) has established a ‘total service solution’. The main purpose of this total service solution is for ABB...

An Upgraded Global Ship Lease Credit Rating By Moody’s Investor Service

Global Ship Lease, Inc. (NYSE:GSL) (the “Company”), a leading independent owner of containerships, announced today that its Corporate Family Rating has been upgraded to B2 / Positive from B3 / Positive by Moody’s Investor...

MSC Announces It’s Collaboration With The Hydrogen Council

  MSC Mediterranean Shipping Company announced it has joined the Hydrogen Council, a global industry body, as a steering member to foster cross-sector collaboration that will accelerate R&D related to clean hydrogen derived fuels and...

Construction Of WSV New Diving Bell Vessel Completed

Damen Shipyards Group has completed the construction of German Federal Waterways and Shipping Administration’s (WSV) new diving bell vessel, says an article published in Ship Technology. Completed on Time Work on the ship was completed on...

Guidance On Remote Surveys for EU IHM

The Republic of the Marshall Islands (RMI) Maritime Administrator issued a Technical Circular for its exceptional agreement for remote surveys/sampling to conduct onboard RMI-flagged vessels with respect to the Inventory of Hazardous Materials (IHM)...