Container shipping markets take a breather, but for how long?
Falling freight and charter markets leave sector on a knife-edge
Container shipping markets take a breather, but for how long? Read More »
October 2021
UN Deep-sea Mining Rules Unlikely to be Completed by 2023 Deadline, Latam Countries Say
Regulations governing deep-sea mining will take longer to finalize due to the global pandemic, a group of Latin American countries said, creating uncertainty for companies looking to mine the sea bed for metals, including cobalt and nickel.The…
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Germany to promote construction of LNG bunker vessels at local yards
Germany has decided to provide subsidies in order to stimulate the construction of vessels for bunkering liquefied natural gas (LNG) and renewable fuels.
The post Germany to promote construction of LNG bunker vessels at local yards appeared first on Of…
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Singapore Court Dismisses Oil Tycoon Family’s Appeal Against Ocean Tanker Suit
Singapore’s highest court has dismissed an appeal by oil tycoon Lim Oon Kuin and his two children after they were successfully sued for breach of fiduciary duties by the court-appointed managers of a company they once owned.Lim is the founder of defunc…
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Singtel to Provide VSAT for 33 PIL Containerships
Singapore based shipping company Pacific International Lines (PIL) is installing satellite communication, or VSAT, on its entire fleet as part of its digitalization efforts to enhance seafarer wellbeing and improve productivity on board its ships.
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