LNG-powered vessels are likely to find favorable treatment from lenders under the Poseidon Principles, according to a new study by Sea-LNG. Sea-LNG is a multi-sector industry coalition that was founded in 2016 to advocate for the use of LNG over conven…
Study shows LNG-powered vessels save on interest rates Read More »
Ships’ recycling activity could be set for a strong start to 2021, with price sentiment improving across most of Southeast Asia. This could trigger more tonnage availability in the coming weeks. In its latest weekly report, shipbroker Intermodal said t…
Improved Pricing Could Trigger More Tonnage Sold for Scrap Read More »
Maritime transport is the backbone of the global economy, accounting for over 90% of cross-border trade. And like most other industries, shipping is being rapidly transformed by a range of technology innovations that aim to make operations greener, che…
Technology will help maritime transport navigate through the pandemic—and beyond Read More »
Batteries are used as an emergency source of electric power on ships of all types. Lead is usually found in lead-acid batteries. Lead is considered as heavy metal and correct handling of it is essential. Similarly, contact with acid is hazardous to hum…
Less volatility and improved earnings on the latter part of the year, are the predicted trends for the tanker market during 2021. In its latest weekly report, shipbroker Allied Shipbroking said that “with the year coming to an end, it is worth taking a…
Tankers: From a Rollercoaster Ride of 2020, to Calmer Waters During 2021 Read More »