[Watch] Quick Closing Valve Working Explained
Quick closing valves on ships are an important safety equipment that, in case of accidents such as fire, cut off fuel to the fire.
The...
Ship Recycling and Market Fluctuations: Insights from Recent Developments
Dry bulk markets showed mixed performance, with Capesize rates supporting overall gains.
WTI crude dipped amid Iraq’s Kurdistan resuming oil exports, influencing global...
UP LNG Shipping Index Dips as CoolCo Announces Delisting
LNG Sector Sees Echoes of 2021 and 2023 Acquisition Wave.
Maritime LNG Transport Remains Attractive for Investors.
Weekly Correction Driven by Weakness in...
IWSA Calls for Fair Recognition of Wind Propulsion in IMO Net-Zero Framework
IWSA urges IMO to fairly recognize wind propulsion within the Net-Zero Framework.
Current GFI calculations undervalue wind energy despite its direct efficiency and...
AD Ports Group Rolls Out LEO Satellite Connectivity
Initiative Marks Key Step in Digital Transformation Strategy.
LEO Connectivity to Power AI, IoT, and Smart Port Platforms.
CIO Highlights Role of LEO...
Kandla Port Set to Emerge as Renewable Methanol Bunkering Hub
Port Targets 200 Methanol-Ready Vessels on Singapore–Rotterdam Route.
Existing Infrastructure Enables Immediate Bunkering Trials.
DNV Rates Kandla’s Methanol Readiness at 6–7 on IAPH...
Lessons Learned: Undocumented Steam System Modification Leads to Safety Risk
The Australian Transport Safety Bureau (ATSB) investigated an incident involving crew injuries during maintenance on an oil tanker about 60 km east of Sydney,...
CNOOC Adds Two Environmentally Advanced LNG Carriers to Global Operations
CNOOC delivered two new LNG carriers, Green Energy Star and Green Energy Moon, in Shanghai.
The vessels are part of the company’s “Green...
Yangzijiang Shipbuilding Cancels US$180m Tanker Contracts Over Sanctions Concerns
Yangzijiang Shipbuilding subsidiaries canceled contracts for four 50,000 DWT MR oil tankers worth about US$180 million.
The termination followed disclosures linking the buyer’s...
Gard Explains Scope and Impact of Panama Canal’s Disruption Tariff
The Panama Canal Authority introduced a “Disruption Charge” in January 2023, with penalties reaching up to USD 250,000.
Charges apply to vessels with...