HMM Seeks To Be A Logistics Service Provider Like Maersk 

According to a LoadStar article written by Mike Wackett, South Korean carrier HMM is looking to follow some of its peers and transform itself into a logistics business to underpin its rapid expansion strategy. To...

Scientists Working on Moderna Vaccine ‘Dose Halving Supply Doubling’ Strategy

As per media reports, scientists at the National Institutes of Health and Moderna Inc may take about two months to determine whether doses of the company's COVID-19 vaccine can be halved to double the...

The New Initiatives Undertaken By The Shipping Industry To Help With Decarbonization

It’s the moment climate finance professionals live for: when an idea — an initiative — is turned into real-world action by real-world actors. A year after the Poseidon Principles were signed, 15 banking signatories last...

Crude Oil Production Cut Down Slows Down Tanker Recover To Second Half

According to a Freight Waves article written by their Senior Editor Greg Miller, Analysts have warned that the tanker recovery will be  a distant dream  as rates are unlikely to recover before the second...

[Watch] Seafarer Facing COVID Violation Charges for Swimming To Port from Ship

A seafarer is facing charges for violating covid rules and swimming at the port from a bulk carrier ship, reports the Daily Mail UK. What happened? A Vietnamese man, 37, has been charged with breaching...

Scorpio Bulkers Announces Its $22.25m Vessel Sale Deal

Scorpio Bulkers Inc. has announces the sale of a Kamsarmax vessel, says a press release published in their website. Sale of vessel Scorpio Bulkers Inc. (NYSE: SALT) (the “Company”) announced that the company has entered into...

Avenir LNG Launches Its Third Bunkering Vessel

Avenir LNG Limited launches its third 7,500 cbm dual-purpose, LNG supply and bunkering vessel, says a press release published on their website.  Launch of 3rd vessel Avenir LNG Limited (NOTC: AVENIR) announces the launching of its...

Wuhu Shipyard Bags Asphalt Tanker Orders

Wuhu Shipyard Co., Ltd. and Continental Bitumen signed a series of orders for Bitumen / Oil Product Tankers through "Cloud Signing", says a press release published on their website. What is in the contract? Recently Wuhu...

LNG Needs To Ensure De-carbonization for Better Future

A large box must be ticked before LNG can be considered a cornerstone of the 21st century energy basket – and that is its de-carbonization. LNG has fairly been heralded as a coveted...

MOL, Bombora Focus on Wave Energy Opportunities

MOL has entered into an agreement with Bombora to identify Marine energy potential across Japan, says a press release published on their website. About the collaboration Internal technical review  MOL has completed an internal technical review of...