Marubeni to test ‘suction sails’ on panamax bulker
After installation, the vessel will enter the MaruKlav Management panamax bulker pool
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November 2022
Indonesia nabs Singapore Strait robbers after intelligence tip-off
Prompt sharing of actionable information led to arrests, says Singapore’s Information Fusion Centre
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Russian Oil Cap Doubts Spur Fears of Ships Stranded at Sea
Oil-laden tankers risk being left languishing at sea if insurers do not urgently get clarity on an unfinished G7 and European Union plan to cap the price of Russian crude, two senior industry executives told Reuters.The Group of Seven (G7), which inclu…
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Tanker Market Revival Could Prompt More Ship Acquisitions
Tanker owners could be prompted to sell a part of their fleet in order to take advantage of the existing bullish market sentiment and capitalize on potential revaluations. In its latest weekly report, shipbroker Allied Shipbroking said that “the tanker…
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Drewry urges shippers to start planning for decarbonisation in shipping, warns of up to $14 billion in extra costs
The imperative to decarbonise the global shipping industry is clear and present, however, many of the world’s largest importers and exporters are insufficiently informed about the full implications of the forthcoming new emissions regulations and the b…