The international shipping industry as a whole is responsible for 2% to 3% of global greenhouse gas emissions, and if nothing changes, those will increase by 250% by 2050, according to the International Maritime Organization (IMO). Sobering…
Greening the U.S. Federal Fleet Read More »
New York-listed company expects to have less than $32bn in debt by the end of this year
Carnival to save $120m in yearly interest payments with $1.5bn in new debt Read More »
OCCAR (Organization for Joint Armament Cooperation) awarded Naviris and Eurosam a contract for the mid-life upgrade (MLU) of the Italian and French Horizon-class frigates. The two co-contractors, Naviris and Eurosam, will work in close collaboration wi…
$1.7B Contract to Upgrade Horizon-class Frigates Read More »
Emergency responders are searching for a cruise ship passenger who reportedly fell overboard in the Singapore Strait.At about 7:50 a.m. on Monday, the Maritime Rescue Coordination Centre (MRCC) Singapore was notified that a passenger onboard a Cyprus-f…
Cruise Passenger Falls Overboard in Singapore Strait Read More »
Pakistan is unlikely to meet a target for Russian crude to make up two-thirds of its oil imports, despite attractive prices, hampered by a shortage of foreign currency and limitations at its refineries and ports, officials and analysts say.The…
Pakistan’s Import of Russian Crude Facing Obstacles Read More »