All About Arrow’s New 8500 dwt Bulker

Arklow Arrow takes to the waters during launching of the new 8,500dwt bulker that took place on 18th of December, reports Afloat.  The New Cargo...

How Increased Freight Rates Led To A Worldwide Supply Chain Dysfunction

The average spot rate that container carriers charge for shipping containers from Shanghai to the US East Coast shot to a new record...

[Watch] Extremely Rare White Lion Quadruplets

Four rare white lion cubs born at a zoo in China will be meeting members of the public for the first time ever this...

World’s First Ship-to-Ship Bunkering of LNG-LBG

Last week, the UECC PCTC M/V Auto Energy received the first ship-to-ship bunkering of LNG. It was blended with 10% renewable liquefied biogas...

Wärtsilä’s Monitoring System Mitigates Ship Collision & Offshore Hazards

Wärtsilä Voyage has successfully completed its first commercial installation of the state-of-the-art Wärtsilä Navi-Harbour WebVTS 5.0 software application. The system was ordered by...

Korea Shipbuilding Clinches $529m Deal for 7 Vessels

Korea Shipbuilding has received a combined 582 billion won (US$529 million) in orders to build several ships. The company has signed several deals...

Deep-well Pump Market Revamps To Meet Emission Standards

The hydraulic-powered deep-well pump is a firm favourite among tanker owners, but the need to optimise energy efficiency is driving the transition towards an...

LR Awards AiP To Pioneering LNG Carrier With Type B Tank Design

Hyundai Mipo Dockyard has been awarded an AiP by Lloyd’s Register for its LNG carrier with prismatic IMO type B tank design. The...

Suez Canal Announces 48% Discount for Giant Tankers

A 48 percent discount on the transit fee of giant crude oil tankers was announced by the Suez Canal Authority Monday, reports EMPC News. Marketing...

VLCC & Clean Rates Remain Static in the Weekly Tanker Market

The Baltic Briefing has issued the tanker report for the 51st week of this year. The report dated 18th December 2020 provides a valuable...