Oil Major Chevron Cuts Capital Spending Amid COVID19 Crisis
COVID-19’s seismic effect on the fortunes of tanker owners is beginning to become clearer.
Chevron Corporation is reducing its capital and exploratory budget...
General Cargo Ship Attacked Under Unclear Circumstances
According to maritime authorities, a cargo ship off Yemen in the Gulf of Aden was attacked in unclear circumstances, reports Global News.
Pirate attacks
The Gulf...
Crew Member Falls Off Tanker Ship, Search Continues
The U.S. Coast Guard continues searching for crew member who fell off tanker ship, reports APNews.
What happened?
A 27-year-old crew member fell overboard from a...
Post-Covid Impacts on Shipmanagement Industry
According to an article published in splash247, the shipmanagement industry is changing during and post-Covid dominated much of the discussion at Capital Link’s Hong...
Tanker Demolition Drops To Record-breaking Low
24 tankers likely to have been demolished by the end of the year.
The lowest level since 1997.
The number of tankers scrapped this...
Freight Rates Surge Amid Demand & Supply Imbalance
China's exports recovered fast from the COVID-19 pandemic but delivering goods overseas has become difficult due to increasing shipping costs, says an article published...
NHS Worried Over Holiday Season Surge in COVID Cases
NHS staff will no longer get the coronavirus vaccine first after a drastic rethink about who should be given priority, it emerged last night.
The...
[Watch] $50m Insurance Bill for ONE Apus Box Spill
The total insurance bill from the ONE Apus box spill this week is set to top $50m.
More than 1,900 containers – including around 40...
World’s First CE-Certified 3D Printed Lifting Tool
The world’s first CE-Certified 3D printed lifting tool, the Wärtsilä part was delivered.
It was through the Wilhelmsen thyssenkrupp AM fulfillment platform to...
All Eyes on Two New Eco-friendly Ferries
Ships designed to incorporate the latest technical and environmental concepts.
Order for the engines placed in July 2020.
Wärtsilä has won the contract to...
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