LR Approves Digital Twin Technology To HHI for Gas Containment Tanks

LR has awarded Approval in Principle (AiP) to Hyundai Heavy Industries (HHI) for its Digital Health Management (DHM) System. This approval sets HHI on the path to become a DHM provider to the...

Transition To 0.5% Fuel, the Biggest Challenge in Marine Industry

Many predictions were made in the run up to the imposition of the MARPOL 2020 sulphur cap. None of which was that the transition to Very Low Sulphur Fuel Oil (VLSFO) would be...

Container Management Key To Profit Amidst Lower Demand

Container Shipping industry is vulnerable to changes in consumer spending, especially during lockdown across the world. The first half of this year with last, accumulated volumes are down by 6.8%, to 78m TEU,...

DNV GL’s Energy Outlook Predicts Deep Decarbonization 15 Years Away

DNV GL’s Energy Transition Outlook 2020 provides an independent forecast of developments in the world energy mix to 2050. Deep decarbonization of the world’s energy system is still 15 years away, with carbon...

ExxonMobil Successfully Trials First Marine Biofuel Oil

ExxonMobil has safely completed a successful sea trial using the company’s first marine bio fuel oil with shipping company Stena Bulk, bunkered in the port of Rotterdam. The marine bio fuel oil is...

Beirut ‘Corruption Culture’ Behind the Deadly Blast, Confirms Investigation

Corruption in Beirut set the stage for the fatal blast last month, says a New York Times investigation report. The report elaborates on how officials ignored numerous warnings about the 2,750 tons of...

MSC Cuts Deal for 49% Stake in Messina

The deal formally announced by Banca Carige and the NPL management company Amco, cuts a 49% stake for MSC in the Ignazio Mesina & C. shipping group. Aponte will invest €25m for a...

Electrical Power Lost When Auxiliary Generators Shut Down

ATSB issued an investigation report on the grounding of the Panamanian-flagged bulk carrier Bulk India. Bulk India ran aground in 2018 in a channel during its departure from Dampier, Western Australia when it lost steering...

Mass Flow Meter Tampering Leads To 10 Months of Prison

Mok Chek Meng, the bunker clerk of bunker tanker Fragrance, has been sentenced to 10 months’ imprisonment. He was found tampering with the Mass Flow Meter on board a bunker tanker in order...

Modern Supply Chain Slavery During Covid 19 Condemned

Corporate exposure to modern slavery, particularly in retail and apparel, has seen a significant increase in the past four years. It is expected to rise again following the Covid-19 pandemic. The problem is...