Tanker Demolition Drops To Record-breaking Low

24 tankers likely to have been demolished by the end of the year. The lowest level since 1997. The number of tankers scrapped this year is set to reach the lowest level in 23...

Freight Rates Surge Amid Demand & Supply Imbalance

China's exports recovered fast from the COVID-19 pandemic but delivering goods overseas has become difficult due to increasing shipping costs, says an article published in CGTN. In October, China's export volume topped 1.6 trillion yuan,...

NHS Worried Over Holiday Season Surge in COVID Cases

NHS staff will no longer get the coronavirus vaccine first after a drastic rethink about who should be given priority, it emerged last night. The new immunization strategy is likely to disappoint and worry thousands...

[Watch] $50m Insurance Bill for ONE Apus Box Spill

The total insurance bill from the ONE Apus box spill this week is set to top $50m. More than 1,900 containers – including around 40 boxes containing dangerous goods – tumbled into the Pacific Ocean on...

World’s First CE-Certified 3D Printed Lifting Tool

The world’s first CE-Certified 3D printed lifting tool, the Wärtsilä part was delivered. It was through the Wilhelmsen thyssenkrupp AM fulfillment platform to a vessel at anchorage in Singapore. Also, a one of...

All Eyes on Two New Eco-friendly Ferries

Ships designed to incorporate the latest technical and environmental concepts. Order for the engines placed in July 2020. Wärtsilä has won the contract to supply the engines and a range of its electric solutions...

NYK Bulkship Inks Long-term Charter Contract for 2 Chemical Tankers

NYK Bulkship (Asia) Pte. Ltd. signs a long-term time charter contract with Waterfront Shipping Company Limited (WFS) for two newly built chemical carriers. The new ships will each be equipped with a dual-fuel...

US’s NIH Still On The Lookout For COVID Vaccine Trial Volunteers

  The US National Institutes of Health is still looking for volunteers to participate in vaccine trials, Director Dr. Francis Collins said in an interview Wednesday with CNN’s Wolf Blitzer. “We still do need people to...

Mother’s Feces Proven To Boost Infant’s Immunity

The bacteria that live in our bodies, particularly our guts, play key roles in immunity and development. But babies born by cesarean section don’t get the rich blend of microbes that come from a...

Danish Ship Finance’s Shipping Market Review 2020

Danish Ship Finance has released its latest shipping market review. The 69-slide presentation, led by Christopher Rex, has a strong focus on the industry’s pathway to zero carbon vessels, says an article of Splash247. On...