Poland Reduces Dependence on Russian LPG, Boosts Re-Exports to Ukraine
Despite continuing to be Russia's biggest customer for fuel and increasing re-exports to Ukraine, data indicates that Poland purchased less liquefied petroleum gas (LPG)...
DNV Leads the Charge in Methanol Propulsion for MR Tankers
Proman Stena Bulk, a joint venture between a methanol producer and a tanker operator, aims to build and operate a methanol-fuelled tanker fleet to...
Indonesia and South Korea Ditch The Dollar For Bilateral Trade
Among the five largest economies in Asia, South Korea and Indonesia have chosen to conduct business in indigenous currencies. Recently, the central banks of...
EPS And Jiangnan Join Hands For Construction Of World’s Largest Ammonia Carriers
Jiangnan Shipbuilding, a subsidiary of China State Shipbuilding Corporation (CSSC), has signed a contract with Singaporean shipping company Eastern Pacific Shipping (EPS) for the...
Indian Exports Expected To Touch $900 Billion In FY24
According to a top official of a grouping of exporters, India’s exports of products and services could reach $900 billion in the current fiscal...
Where Are Ocean Shipping Rates Heading?
The record-high ocean freight costs seen during the pandemic are unlikely to come back.
There’s a downward trend in the rates due to...
Using Ammonia Power To Decarbonize Ocean Shipping!
Ammonia could be the carbon-free shipping fuel of the future, powering ocean vessels throughout the world's seas. That could help slash emissions from ocean-going...
Oil Price Increases By 3% As Recession Fears Fade
Oil rose almost 3% on Monday as U.S. recession fears eased and some traders took the view that crude’s recent price slide was overdone...
Antwerp-Bruges Launches Port Management Drone Network
The Port of Antwerp-Bruges has launched a drone network to aid security and management of its facilities, says an article published Seatrade-maritime.
Infrastructure inspections
In what...
MODEC’s First FPSO Order In Guyana
MODEC said it would proceed with engineering, procurement, and construction on the Uaru FPSO vessel following a final investment decision on the Uaru offshore oil project...
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APLICATIONS
Lessons Learned: Improper Chemical Handling Causes Eye Burn
The Marine Safety Forum reports of an incident where improper chemical handling causes eye burn to the vessel engineer.
What happened
Vessel’s engineer was preparing equipment...
