Cargo Vessel Collects Plastic in the Pacific Garbage Patch
Kwai, the 140-foot sailing vessel, sailed from the Hawaiian port of Hilo heading towards the Great Pacific Garbage Patch.
The crew collected more...
OPEC Nations Turning To IMF for Emergency Loans
OPEC cartel leader Saudi Arabia is cutting subsidies and raising taxes.
Resource-rich nations turned to IMF as oil prices hover just north of...
VLCC Oil Terminal Unveiled for International Trade
Huangzeshan oil transfer terminal in Zhejiang province has officially opened.
It opened for international trade with the berthing of an oil tanker.
It...
Refineries Loom Over With Record Oil Product Exports
Chinese refineries are battling weak profit margins from the slump in fuel demand.
It is caused by lockdowns aimed at containing the coronavirus...
Cryptocurrency Approved As Payment for Container Shipping!
45HC.COM will accept the CXO token as payment for its cargo shipping services.
CXO token is the currency that is used as payment...
OPEC+ Cuts Down Crude Oil Production by 9.7Million BPD
OPEC+ is on the way to trimming 9.7 million barrels of daily crude output.
Oil prices have recovered by 60% in the past...
Digital Twins Help Predict Ship’s Structural Performance, Says DNV GL
According to DNV GL principal specialist Gaute Storhaug, Digital twins can help owners, operators and class societies predict the structural performance of ships, says...
Seaspan Opts for Alfa Laval Integrated Steam Solution for Low Sulphur Fuel Usage
Seaspan Ship Management opts for Alfa Laval Aalborg integrated steam solution to support low sulphur compliant fuel usage, says an article published in Seatrade...
13 Cyber Security Challenges and Threats Ports Face
The European Union Agency of Cyber Security's report on smart ports and technology, presents the pros and cons of technology in the shipping industry...
[Watch] #Weathering The Storm Campaign Salutes Seafarers!
In light of these challeging times and difficulties the seafarers are facing, the American P&I Club and Eagle Ocean Marine honor the seafarers...
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