Japanese shipping company Kawasaki Kisen Kaisha (K Line) has become a member of the […] The post K Line joins IWSA as it explores the power of kites and wind propulsion appeared first on…
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PIL seeks debt payment delay, launches investment talks with Tamasek unit
Singapore-listed Pacific International Lines (PIL) has launched talks with its lenders on a debt […] The post PIL seeks debt payment delay, launches investment talks with Tamasek unit appeared…
MAIB publishes report on fatal man overboard incident on dredger in Rosyth, Scotland
The UK Marine Accident Investigation Branch (MAIB) has published its investigation report into a marine accident wherein a dredger crewmember was killed after he had ..
[Watch] U.S. Navy Aircraft Carrier Breaks COVID-19 Hiatus!
- U.S. Navy aircraft carrier USS Theodore Roosevelt (CVN 71) is underway for the first time since being sidelined by an onboard coronavirus outbreak.
- After moving nearly 4,000 crewmembers off ship for quarantine, Theodore Roosevelt left Naval Base Guam and entered the Philippine Sea.
- Theodore Roosevelt sailors will execute Navy COVID-19 prevention and mitigation policies, in addition to social distancing.
U.S. Navy aircraft carrier USS Theodore Roosevelt (CVN 71) is underway for the first time...
https://mfame.guru/watch-u-s-navy-aircraft-carrier-breaks-covid-19-hiatus/
Britain borrows at negative interest rate for first time
Britain sold a government bond with a negative yield for the first time on Wednesday, meaning the state is effectively being rewarded to borrow as investors agree to be repaid slightly less than they lent. Britain joins Japan, Germany and some other European countries in selling government debt...
https://www.hellenicshippingnews.com/britain-borrows-at-negative-interest-rate-for-first-time/
Taipei state aid to prop up liner operators
Taiwan’s Ministry of Transportation and Communications (MOTC) said on 19 May 2020 that it has launched a TW$30 billion (US$1 billion) aid package aimed, in part, at easing the financial strain on Yang Ming Marine Transport Corporation (YM) and Evergreen Marine Corporation (EMC).
Many businesses have been suffering amid the Covid-19 pandemic, which has slashed demand and disrupted supply chains. In particular, YM and EMC suffered Q1 losses, and YM, which is part-government owned, has found...
https://container-news.com/taipei-state-aid-to-prop-up-liner-operators/
China Merchants orders VLCC pair featuring pioneering technology
China Merchants Energy Shipping (CMES) has placed an order for the construction of two […] The post China Merchants orders VLCC pair featuring pioneering technology appeared first on Offshore…
https://www.offshore-energy.biz/china-merchants-orders-vlcc-pair-featuring-pioneering-technology/
Part II: Standardisation – key to enabling benefits of collaboration
With the ramp-up of new and emerging technologies, standards and horizontal collaboration between competitors are now more necessary than ever. A standard is an agreement among a business network constituted by actors that share the same common object of interest.
Adoption of global multimodal standards is a win-win situation, since these standards guarantee interoperability. Standards enable stakeholders in the logistics chain to reap the maximum benefits from smart container solutions, while...
https://container-news.com/part-ii-standardisation-key-to-enabling-benefits-of-collaboration/
COVID19 Oil Crisis Can Lead To Permanent Workforce Loss for Oil Industry!
A career in oil used to be an attractive option for college students and high school grads alike but now everyone seems to be deserting it due to global oil price tumble, reports Irina Slav for the Oilprice.com
The Days of Lucrative Jobs Are GoneOil and gas was one of the few industries where one could make six figures a year without a college diploma. And those with a diploma? They made high six figures with all sorts of perks and benefits.
Those days are gone.
Oil Crisis leads to Job LossDuring...
https://mfame.guru/covid19-oil-crisis-can-lead-to-permanent-workforce-loss-for-oil-industry/
TOP Ships buys scrubber-fitted MR trio
Nasdaq-listed tanker owner TOP Ships has acquired three Medium Range (MR) tankers that are […] The post TOP Ships buys scrubber-fitted MR trio appeared first on Offshore Energy.
https://www.offshore-energy.biz/top-ships-buys-scrubber-fitted-mr-trio/