More tanker newbuilding orders has been the latest trend in the shipbuilding market. In its latest weekly report, shipbroker Allied Shipbroking said that “tanker contracting was a leading force on the newbuilding front over the past week which, led by …
Ship Owners Piling on Tanker Newbuildings Read More »
“In 2023, only seven product tankers with combined deadweight tonnes (DWT) capacity of 265,000 were recycled. This was a year-on-year drop of 82% compared to 1.5 million DWT (27 product tankers) recycled in 2022. It was also the lowest level of recycli…
Product tanker recycling drops 82% year-on-year to lowest on record Read More »
With 90% of traded goods being transported across the ocean, the shipping industry stands at the heart of the global economy. Although shipping is highly efficient in terms of CO2 emissions per cargo weight, the industry as a whole is a major contribut…
Decarbonization of shipping: An ambitious global test bed for green ships sets sail Read More »
The United Kingdom Maritime Trade Operations (UKMTO) organization and British maritime security firm Ambrey said on Wednesday they had received reports of incidents near Yemen’s Aden.The United Kingdom Maritime Trade Operations (UKMTO) organization…
Another Ship Attack Reported Near Yemen Read More »
The volunteer fire department in Greene, Maine recently took delivery of a 16-foot RIBCRAFT 4.8 rescue boat. This specialized RIB expands the department’s response capabilities while providing a safe platform for rescue missions. Funded by a grant thro…
RIBCRAFT Delivers Rescue Boat to Fire Department in Maine Read More »