Big US Banks Gird For ‘Mild Recession’
The biggest US bank, JPMorgan Chase, set aside $1.4 billion in fresh reserves in case of loan defaults, noting that its "central" scenario...
China’s Marine Protection Cooperation To Reduce Regional Tensions
Marine protected areas offer a potential solution to many of the threats facing the region’s oceans, including illegal fishing and habitat destruction
They...
Swedish innovators Introduce Medetomidine Selektope
Swedish bio-technology company I-Tech AB’s focus since its founding in 2000 is the development of marine paint and anti-fouling technology for the shipping industry,...
Inquiry Held into Crewmen’s Deaths
A fatal accident inquiry (FAI) has been held into the sinking of a ship in the Pentland Firth eight years ago, reports BBC.
The accident
Eight...
What It’s Really Like Living in A Shipping Container
Max McMurdo is a designer, TV presenter and upcycling expert.Not only does he design and sell things like chairs made out of shopping trollies...
Exxon Set To Order 5th Guyana Oil Vessel
Exxon Mobil Corp. is preparing to approve its fifth oil production project in Guyana and is considering taking additional exploration acreage, the head of...
[Watch] IMCA Resilience Awareness Programme – Module 2
Resilience Awareness Training
The Resilience Awareness Programme was created by top IMCA members specifically for the marine contracting sector. A successful organisation must be able...
Inadequate Lookout Leads To A Collision Of Tanker And Yacht!
Credit: Venti Views/Unsplash
On 23 December 2021, the 63m M/Y Utopia IV was involved in a collision with the 49m tanker Tropic Breeze in the Bahamas. The tanker...
No Effective Lookout Leads Collision Of Ships
Incident
A 6,000 gt general cargo vessel had collided with a fishing vessel in restricted visibility. The fishing boat sank and only two of its...
Chartwell Marine Receives Funding to Create a Methanol-Fueled Vessel Design
A market-first methanol-fueled vessel design with applications in the offshore wind, commercial workboat, and leisure sectors will be developed and tested by Chartwell Marine...
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