IMO Urges Implementation of Coronavirus Precautions
Sentiments have been expressed by the IMO which has sent a Circular Letter advising Member States and others on implementation and enforcement of...
Individual Tools Better Than End To End Solution for Maritime Digitization
Interconnectivity is the the key to maritime digitalization says Lars Jensen, CEO & Partner, SeaIntelligence Consulting.
A simple look at the technological development...
Maersk Underlines Key Financial Risk Areas As Coronavirus Hits Container Liners
As the coronavirus crisis continues, and begins to impact global share prices, Maersk’s guidance for a mid-point lower ebitda of $200m less than 2019...
Maersk $5.0bn Credit Facility To Help in Sustainable Vessel Solutions!
In a major development, A.P. Moller - Maersk has announced that they have secured a new sustainability-linked revolving credit facility of $5.0bn through a...
25% More HSFO Consumption Banking on Scrubbers: Maersk
Maersk making greater scrubber investments and plans to raise HSFO consumption
Currently, it uses 10% HSFO which is likely to increase 150 times...
Over 80% Plunge in Tanker Rates Due To Coronaviru Scare!
According to a MarineLink report, senior shipping industry officials are concerned over the tanker charter rate slow down.
What is it?
Tanker charter rates have plunged...
Spring’s Rising Temperature To Slow Down the Coronavirus?
With spring coming and temperature rising there is a possibility of the coronavirus receding like that of the flu virus.
Scientists however are...
FSL Trust Crude Oil Tanker Sold for US $24 Million?
First Ship Lease Trust sells crude oil tanker FSL Shanghai, receiving the initial 10% deposit in escrow.
The disposal is scheduled to take...
[Watch] How Ship Salvage Operations are Made
Watch an impressive video of the salvage operation.
Disclaimer: This video is intended for informational purpose only. This may not be construed as a...
Shipping Giant Focuses on Ammonia As Marine Fuel
NYK presented a concept for using Ammonia as Marine Fuel at two industry events.
Ammonia when heated, does not emit carbon dioxide (CO2)...
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