KDB Planning To Sell HMM To POSCO
The largest shareholder of HMM, Korea Development Bank (KDB) is planning to sell off HMM (formerly known as Hyundai Merchant Marine) to POSCO, to privatize HMM by handing over all of its shares to...
Method To Detect Unmanned Underwater Vehicles Developed
Researchers at Draper, MIT have developed a passive acoustic remote sensing method for unmanned underwater vehicles, says an article published in Yahoo Finance.
Acoustic Signature in UUV
Detecting the presence of an unmanned underwater vehicle (UUV)...
Restricted Availability Hampering Methanol Bunkering Uptake
Recently Platts spoke with Stuart McCall from Methanex about the prospect of methanol as a bunker fuel. Today we are going to take a look at that interview.
Methanol Hurdle
Methanol offers significant greenhouse gas savings...
Bursting the Myths of Biofuels
With efforts to save the planet from global warming and recognition of the need to protect the environment, many countries and the UN have been considering stricter greenhouse gas, SO2, and NOx emission regulations...
Here Comes The Next Generation Superyacht
The 85-foot superyacht, known as the Drakkar S, will make sailing in luxury a whole lot easier, says an article published in Tatler.
Futuristic Superyacht Concept
Dreaming about hitting the high seas but not exactly confident...
Taiwan’s Wan Hai Orders 12 Boxships at Nihon Shipyard
Taiwanese shipping line Wan Hai Lines has announced a plan to order twelve 3,013 teu boxships at the newly founded Nihon Shipyard.
About The Ship
The ships will be built at Japan Marine United (JMU) and...
BIMCO Adopts New Time Charter for Accommodation Support Vessels
BIMCO has published a new standard time charter party for accommodation support vessels (ASVTIME), reads the club's press release.
Contract to meet oil and gas sector needs
As highlighted in the club’s previous news item, ASVTIME...
Cosmoship Orders Boxship Quartet
Cosmoship orders up to four boxships at Huangpu Wenchong, says an article published Seatrade Maritime News.
About the deal
The deal, jointly signed by CSSC Huangpu Wenchong Shipbuilding, CSSC China Shipbuilding Trading and the Greek ship...
Leading Marine Contractor Signs Up for Techcross BWMS
Heerema Marine Contractors has signed a contract to install Techcross’ ECS units in six vessels and barges, says an article published in Riviera Maritime Media.
About the deal
Heerema Marine Contractors, the owner of world’s largest...
Bill & Melinda Gates On Covid-19 and Their Vaccine Efforts
According to an article published in CNN, Bill Gates and Melinda Gates shares their opinion about the devastating pandemic and its impact on future in their 2021 Annual Letter.
Initial Stage of the Pandemic
At this...